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Gradient Mortgage Capital launches to serve DSCR clientele
Florida-based Gradient Mortgage Capital, a wholesale mortgage banking platform, launched Monday with the intent to serve mortgage bankers and brokers across the country with debt-service-coverage ratio (DSCR) and small-balance commercial real estate loans.
Nationwide Mortgage Bankers brings on new chief culture officer
Chris Allen, the former chief talent officer for Movement Mortgage, takes on the Charlotte-based chief culture officer role for NMB.
Blend sells Title365 to Covius Services
Blend acquired Title365 from Mr. Cooper for $422 million in 2021. It will continue to use the platform for title and closing services.
The Federal Reserve delivers lower rates for Christmas
The 10-year yield and mortgage rates fell after the Fed meeting, which gave us mortgage rates under 7% last week.
Movement accuses Summit founder Todd Scrima of corporate espionage
Movement accuses Summit’s CEO Todd Scrima of leading a corporate raid with the help of former Movement managers.
FCC’s newly adopted lead gen rules could accelerate lawsuits against lenders
The FCC adopted a new set of rules on Wednesday that looks to disrupt how potential homebuyer leads are bought and sold.
How is the housing market impacting real estate agents?
There’s plenty of advice available to help buyers and sellers navigate the current market. But what about real estate agents? HW+ Premium Content
A conversation with NAR’s newest leader
Tracy Kasper, broker-owner of Berkshire Hathaway Home Services Silverhawk in Idaho, is in line to be the NAR president in late 2023. HW+ Premium Content
Real estate agents hold breath on commission disclosure
Whether real estate agents must tell homebuyers what commission percentage they stand to make is now in the hands of the Justice Department. HW+ Premium Content
