Meta Platforms, formerly known as Facebook Inc., announced on Monday the rollout of a new system to address algorithmic discrimination in housing advertisements after more than a year of negotiations with the Department of Justice […]
Source: The Real Deal — Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to […]
Source: The Real Deal — The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last […]
Potential homebuyers’ purchase sentiment improved slightly in December, but that still remains well below pre-pandemic highs, according to new data from Fannie Mae. Ongoing affordability challenges are expected to limit buyers from entering the market […]
A new Redfin report found a record 41.9% of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. This represents the highest increase of any three-month period […]
Source: Construction Week — 2022 has been a great year in the history of the Indian real estate sector. After the setback of two years of slowdown, the real estate sector has gone through a […]
Source: CNN Business — New York(CNN)Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its […]
Wells Fargo, the largest depository mortgage lender in America, announced Tuesday that it will officially exit the correspondent channel and also reduce its servicing portfolio, the country’s largest. The move isn’t much of a surprise. […]
Source: Yahoo! — While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. […]
San Francisco-based Blend Labs will sharply reduce its workforce and make changes to its leadership as it seeks to achieve profitability, the company announced on Tuesday. Amid a rapidly shrinking mortgage market, the company reported […]
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