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ARMs remain a small share of mortgage loans despite viral 41% claim
Adjustable-rate mortgages often get more attention when rates climb, but don’t fool yourself: their actual footprint in the U.S. housing market remains modest.
David Keener’s vision for Premiere Group at Real Brokerage
Premiere has grown to nearly 300 agents in 27 states and recently joined Real. Keener details the group’s member-owned teamerage model.
RealReports, Doorify MLS announce AI-driven partnership
The agreement gives Doorify subscribers access to the RealReports platform, which combines datasets such as tax history, zoning, permits, climate risk and liens with AI-driven features.
Prudent AI is helping mortgage lenders cater to gig economy workers
Three lenders share how Prudent AI is improving underwriting speed, consistency and access to the non-QM space for borrowers.
FHA share of mortgage applications continue to increase
Average contract interest rates went up across the board, but the FHA share of mortgage applications continued to trend upward.
The driving forces behind mortgage lenders moving away from third-party processors
Mortgage lenders and services today face significant operational challenges, especially when relying on third-party processors for their outsourced services. While these middlemen operators can streamline certain tasks, the benefits are outweighed by their extreme high costs as well as the limitations over operational controls. Here we will focus on the complexities involved with outsourcing, and an understanding of the growing trend of direct servicing to maintain control and reduce costs.
Century 21 merger expands New Jersey footprint
The newly formed Century 21 Gloria Zastko Realty will have a footprint of five offices and approximately 166 agents.
Homebuyers turn to aging properties as construction lags
Only 9% of homes in the U.S. were built in the 2010s, the lowest share for any decade since the 1940s, when World War II stifled production.
Steve Capezza takes on M&A leadership role at Anywhere
Capezza will serve as Anywhere’s senior vice president of growth and M&A. He will report directly to Sue Yannaccone, the president and CEO of Anywhere Brands and Anywhere Advisors, according to an announcement on Monday.
