brokerages - Real Estate Investor Pulse

Brokerages’ real estate asset values plunge amid freezing sentiment

June 21, 2023 Mark Paul Cervantes Comments Off

The real estate assets of securities firms here have plunged in value over the past year amid continued market uncertainties caused by a hawkish cycle of rate hikes, data showed. According to data compiled by […]

U.S. real estate brokerages must face home sellers’ class action over commissions

March 30, 2023 Mark Paul Cervantes Comments Off

March 29 (Reuters) – A federal judge in Chicago on Wednesday ruled that home sellers accusing the National Association of Realtors and a group of real estate brokerages of conspiring to inflate commission rates can […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]