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Intercontinental Exchange posts record Q3 earnings
Intercontinental Exchange’s Q3 earnings exceeded expectations, driven by strong performance in mortgage technology and data services.
Fannie Mae cuts 62 jobs under FHFA’s push to streamline operations
Fannie Mae cut 62 jobs on Thursday across its operations, technology, and diversity teams as part of an ongoing strategy imposed by Federal Housing Finance Agency (FHFA) Director Bill Pulte to reduce positions not related to the enterprise’s core activities.
One in five Americans believe they’ve lived in a haunted house
While a majority say they’d feel uneasy living in a haunted house, three-fourths wouldn’t immediately move out if they discovered one.
NAF hires Nathan Ballentine as regional VP for South Carolina
Nathan Ballentine joins New American Funding as regional vice president for South Carolina, focusing on growth, development and partnerships.
Figure debuts AI-powered platform for DSCR loans
Figure reported that West Capital Lending and Axen Mortgage are among the first partners to embed its DSCR product.
Bessent to present Fed chair candidates to Trump in December
Treasury Secretary Scott Bessent to present Trump with Fed chair candidates in December. The decision comes amid Trump’s criticism of current Fed policies.
Buyer agency agreements test limits of real estate agent-buyer trust
With more agents claiming clients are cutting them out of deals, industry leaders warn that lawsuits could harm reputations.
Stellar MLS, BeachesMLS enter data sharing agreement
Subscribers of the two Florida-based MLSs will now have access to over 180,000 active listings across the two MLS territories.
Zillow and Esusu expand credit-building for renters
Starting in November, renters can verify their lease details and payment method, and Zillow and Esusu will handle the reporting process.
Opinion: The risk from Fannie Mae’s mission creep
Fannie Mae reportedly moving beyond their mission and into the title insurance business raises significant alarm bells.
2022 Rising Star Morgan Salama: The intersection of strategy and real estate
Strategy is the foundational element in building the future of the housing sector. And, if strategy is the foundation, we’d say that Morgan Salama is one of the key people building that foundation.
Colorado Springs offers a window into Stewart’s title strategy
On its first quarter earnings call on Thursday, CEO Fred Eppinger highlighted the firm’s growth in Colorado as a prime example of how expanding in strategic markets has helped the company juice revenue and improve performance, even in a choppy market.
