Yesterday, Airbnb’s CFO & Head of Employee Experience Dave Stephenson sent the following email to our employees around the globe. Hi team, We have all witnessed the horrors inflicted on Israeli citizens over the weekend. […]
The Consumer Price Index (CPI) increased 0.4% month over month and 3.7% year over year in September for the second straight month, the U.S. Bureau of Labor Statistics reported on Thursday. The inflation data comes […]
Mortgage rates kept climbing for the fifth consecutive week, bringing average year-over-year rates 60 basis points higher. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, […]
Though the home service industry is worth $500 billion, it remains a highly fragmented space occupied by a variety of players: independent contractors, platforms such as Angie, TaskRabbit, as well as white label concierge firms […]
When we go through the brokerage valuation process, the product is Fair Market Value (FMV). This is essentially the home price that a willing homebuyer would pay a seller. Interestingly, though, FMV isn’t always the […]
Bankrupt retail lender AmeriFirst Financial is seeking approval for a private sale of loans from a Delaware bankruptcy judge to pay off two warehouse lenders and fund restructuring costs. If approved, AmeriFirst’s retail and commercial […]
Wholesale lender The Loan Store launched a consumer rewards program designed to help mortgage brokers offer competitive mortgage rates. Buyers can save up to 40 basis points on any agency, government or non-qualified mortgage (non-QM) […]
Today’s CPI report was good because it shows core inflation, which the Fed cares about, is trending in the right direction. The Fed feels much better today because of all the rate hikes they have […]
Metro Atlanta-based real estate broker and TikTok influencer Glennda Baker is making the leap to Coldwell Banker. Baker and her team of five agents, which serve the greater Atlanta market, were previously affiliated with Christie’s International […]
CEDAR CREEK, Texas — Real estate investment trust Rithm Capital Corp.’s $720 million acquisition of Computershare Mortgage Services Inc. allows the company to improve its fee-based income as the deal includes the purchase of Specialized Loan Servicing LLC (SLS). […]
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