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eXp Realty launches land and ranch division
The new division is designed to support agents working in a growing sector of the housing market with tools tailored to land and ranch transactions.
Deadline looms in Minnesota property tax forfeiture lawsuit
As many as 15,000 people may qualify for payment if they lost a home, business or other property due to tax forfeiture between 2012 and 2023
Lenders witness surge of mortgage demand last week
New American Funding’s Patty Arvielo shared that Tuesday was NAF’s best day for applications in three years. Can it continue?
Data automation is the next frontier of mortgage tech?
Industry executives at an MBA conference said they’re looking toward data processing and automation as the next big innovation in mortgage tech.
MSR sector is a raging bull in a bear mortgage market
In the face of all the dour news for the housing market, there is one bright spot — a sector that benefits from rising rates. That is the market for mortgage servicing rights (MSRs). We break down the top sellers and buyers of 2022 year-to-date.
Freddie Mac rolls out $1.8 billion CRT note offering
Freddie Mac has unveiled its third credit risk transfer offering of the year through its Structured Agency Credit Risk (STACR) program. This latest transaction will bring the total note issuance so far in 2022 through STACR to $5.1 billion secured by single-family mortgage reference loan pools valued in total at $121.5 billion.
