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Better Homes and Gardens Real Estate expands in California
The firm — already operating in San Luis Obispo, Morro Bay, Pismo Beach, Santa Maria and Paso Robles — now includes 135 affiliated agents.
HouseSavings.com launches flat-fee, low-commission listing platform
The company’s model features three residential listing packages — two flat-fee options starting at $999, and a virtual full-service package with a 1% commission paid at closing.
Longbridge’s Melissa Macerato on how the latest proprietary reverse product came to be
Longbridge Financial’s Melissa Macerato talks about the new Platinum Preserve product, which helps borrowers preserve home equity for their heirs.
What ICE’s critical Encompass change means for the mortgage industry
The sunsetting of Encompass SDK should modernize the mortgage space, but it will cost some vendors serious money to move to the API platform.
Mortgage rates move lower, but where are the homebuyers?
Ahead of the next meeting of Federal Reserve policymakers, mortgage rates continued to decline, but a surge of borrowers has yet to appear.
Rocket Mortgage plans to double its purchase market share by 2027
The nation’s third-largest lender aims to double its current market share in purchase mortgages to 8% and expand its refinance share to 20%.
After mortgage lenders shut down, what’s next for loan originators?
When looking for new lenders, the mortgage product mix, compensation, speed and cultural fit are all factors to consider, LOs say.
Housing Market Tracker: Housing inventory falls once more
The Housing Market Tracker shows that housing inventory decreased by 6,468 units, a more pronounced decline from the previous week.
These four cities will see 2008-like correction in home prices: Goldman Sachs
Goldman Sachs, a multinational investment bank, forecasts home prices will fall further in 2023 than initially expected.
