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Lower mortgage rates are ‘potential turning point’ for homebuyers 

With the next interest rate decision from Federal Reserve monetary policymakers just over a week away, mortgage rates have continued their downward trajectory as many lenders and investors have priced in a cut. But the markets will need to navigate one more inflation report before the Fed’s Sept. 17 meeting.

Bill would end Social Security benefit taxes, expand payroll tax to wealthy 

Sen. Ruben Gallego (D-Ariz.) has introduced the You Earned It, You Keep It Act, which would eliminate federal taxes on Social Security benefits while extending the payroll tax to incomes above $250,000.

Wildfire warnings accompany California’s older home sales 

Sellers must identify hazards such as wood-shingle roofs, uncovered vents, single-pane windows and nearby vegetation.

Truliant registers first eHELOC using DocMagic mortgage tech  

Truliant Federal Credit Union confirmed that the home equity note was registered using DocMagic’s digital lending technology on June 6.

Rate’s Jennifer Beeston urges LOs to ‘protect the American dream’ 

Part of reviving the dream, Beeston shared with The Gathering attendees, is adding new and young blood to the industry

REIT Chimera to acquire HomeXpress, expand into non-QM originations 

Real estate investment trust Chimera Investment Corp. has entered into an agreement to acquire HomeXpress Mortgage Corp., adding a mortgage origination platform to its portfolio.

‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper 

CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.

Brokers might not agree on CCP, but they do believe in broad exposure for listings 

Real estate leaders weigh in on NAR’s Clear Cooperation Policy and how private listings both hurt and help the industry and consumers.

Better Homes and Garden Real Estate adds California brokerage 

Led by broker/owner Christy Rabe, the firm works with residential, commercial and land sales, including ranch properties and vacation homes.

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Updated 11 months ago