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UWM announces 90-bps refinance incentive
UWM is now offering a 90 basis-point incentive for rate-and-term refis as many market participants anticipate a Federal Reserve rate cut.
Monroe Capital, alleged ‘architect’ of MV Realty scheme, under fire in new lawsuit
A new lawsuit claims that the lender played a central role in financing and directing MV Realty’s right-to-list agreement scheme
MBA CEO Bob Broeksmit calls for credit score modernization
In a new video, MBA’s Bob Broeksmit highlighted efforts to boost competition and cut redundancies in credit score reporting.
Homestreet enters agreement to merge with Mechanics Bank
Under the terms of the agreement, HomeStreet Bank will be merged with Mechanics Bank and be renamed as Mechanics Bancorp by Q3 2025.
UWM again extends 60 bps pricing incentive through May
The announcement marks the second extension of UWM’s “60bps for 60 Days” program, which is now set to conclude on May 31
FHFA replaces Freddie Mac board member amid other changes
The leadership changes follow a string of reshuffling efforts made by recently appointed FHFA Director Bill Pulte.
Are the legal risks of private listing networks real?
The debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy is raging on. And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesn’t list their sellers’ properties on the MLS may be exposing themselves to legal liability.
Keller Williams receives big investment from Stone Point Capital
Keller Williams has taken on a significant investment from private equity firm Stone Point Capital, according to an announcement on Monday. Stone Point is no stranger to the real estate industry, as it also holds or has held large positions in Lone Wolf Technologies, Homepoint, CoreLogic and Meridian.
Home sale cancellations hit record high in January
New data from Redfin shows more than 14% of home sales falling through in January, the highest mark in at least eight years.
