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Better mortgage spreads lead to the lowest rates of 2025
Today, we saw another new low in mortgage rates even with the 10-year yield currently flat to higher. Mortgage spreads made the difference.
Better’s losses are shrinking. It could break even by late 2026
During its earnings call on Thursday, Better disclosed a $36 million net loss in Q2 2025, down from a $50.5 million loss to kick off the year.
AI tool creates ‘podcasts’ for real estate listings
Clips include descriptions of a property’s layout, standout features, renovation potential and information about local amenities.
The lean, mean (illegal?) 1099 LO machine
A revealing look into the high-stakes (and legally murky) world of 1099 loan officers, recruiter tactics, and what some see as a blatant end-run around LO Comp rules.
Retiree moving activity was down nearly 25% in 2024
Elevated mortgage rates and home prices were mentioned in a study as the likely culprits for the stagnant moving activity among retirees.
Saluda Grade hires Jim Boothby to lead business development efforts
Boothby has more than 25 years of experience in credit, business development and investor relations. He comes to Saluda Grade after working as the global co-head of business development at CIFC Asset Management.
Fathom teases new agent revenue-sharing model
On Fathom Holdings’ fourth-quarter 2024 earnings call on Wednesday, CEO Marco Fregenal mentioned a new revenue-sharing model that will launch “soon.” The plan is designed to help agents close more business.
Realtor.com says mid-April is the best time to list a home
The report suggests that homes listed between April 13 and April 19 could sell faster, face less competition and command higher prices compared to other times of the year.
Howard Hanna calls for recusal of judge in Gibson commission suit, citing conflict of interest
As part of the Gibson commission suit, the brokerage said in a court filing on Monday that a plaintiffs’ attorney, Matthew Dameron, donated to the campaign of Judge Stephen Bough’s wife and should not be part of the case.
