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Top Texas real estate team joins eXp
The acquired agency, which includes roughly 80 agents, finished 2024 with $338 million in sales volume and more than 900 homes sold.
ICE: First-time homebuyers account for record share of agency lending in Q1 2025
Intercontinental Exchange’s May 2025 Mortgage Monitor Report, released Monday, found that first-time homebuyers accounted for a record share of agency purchase lending (58%) in the first quarter 2025.
Prudent AI launches one-touch pre-qualification platform
Prudent AI claims the product, Upfront by Prudent AI, is the mortgage industry’s first true one-touch pre-qualification platform
Freedom Mortgage dominates the MSR market
These latest offerings come on the heels of an active year in 2021 on the MSR front, which new data shows was dominated by one lender: Freedom Mortgage.
FHFA’s loan-fee bump buoys PLS market
The Federal Housing Finance Agency’s announcement last week that it will hike upfront fees for high-balance and second-home loans effective April 1 will provide a boost for the private-label securities market, according to executives at one of the leading sponsors of private-label securities.
