The loan officers that Scott Groves talks to are struggling. Really struggling. Mortgage rates are around 7.7%, the highest levels in over 20 years, and LOs across America are having to reset their strategies. It’s […]
A prominent Keller Williams franchisee and the CEO of multiple Texas-based Keller Williams offices has dropped her sexual misconduct lawsuit against Keller Williams, Gary Keller and others. Inga Dow, the CEO of Keller Williams Realty […]
Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. According to the brokerage, 6.5% […]
The recently completed $300 million-plus acquisition of Home Point Capital by Mr. Cooper provided an attractive opportunity to bolster the company’s existing mortgage servicing rights (MSR) portfolio, and it’s expected to boost the company’s bottom […]
Why are mortgage rates rising? This is a question many people are asking — even some of the Federal Reserve members. We have had back-to-back weeks of the bond market getting wild since the key […]
Airbnb and the State Agency for Tourism Development of Ukraine have signed a joint memorandum on the post-war period. To this end, the Head of the State Agency for Tourism Development in Ukraine, Mariana Oleskiv, […]
Equity Prime Mortgage (EPM), which shifted to the TPO business after exiting its retail channel in the fall, has embarked on a new chapter. EPM wants to help grow the industry’s wholesale channel through its […]
Home prices have resumed their upward climb despite mortgage rates that have doubled post-COVID. According to Craig J. Lazzara, Managing Director at S&P CoreLogic Case-Shiller Indices, the National Index for July hit an all-time high. […]
August sales of newly constructed single-family homes failed to match the robust numbers from July but were significantly better than those a year earlier. The U.S. Census Bureau and Department of Housing and Urban Development […]
Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. Executives have […]
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