sells - Real Estate Investor Pulse

Keller Williams Sells off Mortgage Unit to Mutual of Omaha

February 21, 2023 Mark Paul Cervantes Comments Off

Mutual of Omaha Mortgage has acquired the assets of Keller Mortgage LLC, a member of the Keller Williams (KW) family of companies, one of the nation’s largest real estate franchises. Mutual of Omaha Mortgage, a […]

Joan Trice sells Valuation Expo and Appraisal Buzz newsletter

February 9, 2023 Mariel Alumit Comments Off

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice, who created the two entities about 20 years ago. The staff of both appraisal conference Valuation Expo and the newsletter […]

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 […]