Court extensions granted for Texas Capital Bank and Ginnie Mae
Extensions granted
Lee Ann Reno, a magistrate judge in the U.S. District Court for the Northern District of Texas, has approved both requests.
TCB is seeking a...
Sotheby’s International Realty adds pair of New York agents
“Fire Island is a truly special place, and I’m committed to helping buyers and sellers navigate its unique real estate landscape,” Fuchs said. “Joining Daniel Gale...
Defunct FGMC, former employees seek $1.75M settlement on WARN Act suit
The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff –...
Former Newrez head of marketing Bijoy John joins Guaranteed Rate
Guaranteed Rate hired Bijoy John, former head of marketing at Newrez, as its vice president of marketing.
John’s new tasks will include consumer direct marketing and the...
Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it...
JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Friday,...
The 8% mortgage is here
Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according to one index.
Per...
Rocket Pro TPO announces updates to existing mortgage products
Rocket Pro TPO – the wholesale arm of Rocket Mortgage – made updates to its existing products to court more brokers.
Its ONE+ program – a conventional...
U.S. Bank appoints new retail lending leader
U.S. Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business...
A Complete Guide to Understanding Pocket Listings
According to BatchService and ResiClub Analytics, there were approximately 1.2 million “pocket listings” or off-market real estate sales in the United States in 2024, with the...
10 ways for real estate agents to stay compliant with fair housing laws
The last thing homebuyers and sellers expect to encounter on their real estate journey is discrimination. But until 1968, unethical practices in real estate prevented thousands...