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Fannie Mae posts $3.3B profit, tops $100B net worth despite earnings dip
Despite a 9% quarterly decline and a 26% annual decline in net income, the company posted its 30th straight profitable quarter.
Mortgage applications fall to their lowest level since May
Purchase and refinance applications also fell, with MBA’s Joel Kan attributing the declines to job and economic uncertainty
Consolidation, mobility shape real estate agent recruiting in Q2
Findings from Recruiting Insight show total agent membership remaining steady, with strategic recruiting becoming a key lever for growth.
Vice Capital Markets is first to integrate Fannie Mae’s new loan pricing API
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Thursday that it is the first to integrate Fannie Mae’s new loan pricing application programming interface (API) into its trading portal.
ICE Mortgage Technology debuts asset and audit analysis tools
The products, which are fully integrated into the Encompass system, allow mortgage professionals to quickly and accurately streamline lending processes, improve accuracy and support compliance efforts, the company said.
Older Americans are increasingly reliant on credit cards to cover basic living expenses
Large shares of older Americans are increasingly reliant on credit cards to cover basic expenses, including for housing, according to AARP.
American Real Estate Association welcomes first local chapter
The New York Residential Agent Continuum announced it was integrating with American REA on Wednesday, as part of a local chapter expansion.
Georgia MLS unites with 12 local boards to enhance data access
Georgia MLS announced a deal with 12 local MLSs to enhance data access under a single database for more than 55,000 agents.
Art Carter, CRMLS ‘stand firmly’ in support of Clear Cooperation
As the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week.
