Opinion: Here’s what people are getting wrong about real estate commissions
I recently read editorials and articles by such esteemed publications as The Economist, Entrepreneur Magazine, and The Wall Street Journal concerning the antitrust real estate commission...
Home prices grew in more than 80% of U.S. metro areas year over year...
Home prices keep moving up, offering few signs of relief to cash-strapped homebuyers.
More than 80% of U.S. metro markets saw price gains in the third quarter...
Mr. Cooper hit with consumer class-action lawsuits over cyberattack
Mr. Cooper Group became the target of at least four consumer class-action lawsuits after disclosing a cyberattack at the end of October when customer information was...
Old Republic exits mortgage insurance space
Big Four title firm Old Republic is selling its mortgage insurance business to Arch Capital Group Ltd., according to an announcement on Monday.
As part of the...
Opinion: IMB servicers do a better job than banks on loss mitigation
Fifteen years ago, the TARP bailout bill was signed into law. $700 billion in taxpayer funds were authorized to help stabilize the economy in free fall in...
Marco Fregenal to take the helm at Fathom as Josh Harley steps down
Fathom Holdings is the latest brokerage to make a significant C-Suite change. The firm announced Monday that it has appointed its current president and chief financial...
Mr. Cooper’s automated phone systems, website are back up following cyberattack
The automated phone systems and website of lender and servicer Mr. Cooper are running again following a cybersecurity incident that forced the company to lock down...
RE/MAX Holdings appoints Erik Carlson as new CEO
After a nearly two-year search, RE/MAX Holdings, the parent company of brokerage firm RE/MAX, has found its new CEO. The board of directors has appointed Erik...
Why your LOS isn’t delivering a bespoke borrower experience (and what to do about...
In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” Regardless of the specific LOS...
Mortgage rate lock volume remained flat in October amid headwinds
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in...