Thursday, November 7, 2024

eXp’s CFO Jeff Whiteside set to leave role

Jeff Whiteside, eXp World Holdings’ chief financial officer, has stepped down from his position, the company announced on Thursday. The brokerage already initiated a search process...

Housing authorities and lenders added 54 homebuyer assistance programs in Q3: report

A total of 2,256 homebuyer assistance programs are available in the U.S. housing market after 54 programs were added in the third quarter, according to Down...

Better launches white-labeled mortgage-as-a-service platform 

New York-based digital lender Better Home & Finance Holding Company has partnered with information technology consulting company Infosys on a mortgage-as-a-service platform. The integrated end-to-end digital mortgage...

30-year mortgage rates see largest one-week drop in a year, reviving mortgage demand

As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. 9, the largest one-week decrease since last...

How the commission lawsuits may prompt intervention from DOJ and regulators

For Regina Braga, the president of Res/Title, the verdict in the Sitzer/Burnett commission lawsuit did not come as a surprise. “We’ve definitely seen a movement in the...

GSEs: Lenders must address quality issues for ‘fatal data points’ before delivering loans

Fannie Mae and Freddie Mac jointly announced this week that they have entered a new critical edit phase for their Uniform Closing Dataset (UCD) as of...

As rates climb, how are non-QM lenders faring?

As mortgage rates hover around 8% for agency mortgages, lenders handling conventional mortgages are struggling to find business. But how are the non-QM lenders faring? According to Acra...

How to make at least $100,000 in 100 days as a real estate agent

Real estate agents: You can turn the next quarter into your best one yet by following this profitable and proactive plan.   4 rules to follow to...

Opinion: New commission standards from NAR don’t address the real issues

In mid-October amidst ongoing controversy, the National Association of Realtors (NAR) announced it has changed its commission rule, also known as its Participation Rule. It now...

Guild reports higher profits in Q3, plans to acquire purchase lenders 

California lender Guild Mortgage reported an increased profit in the third quarter despite high mortgage rates and limited home sales inventory.  The purchase-focused lender with a distributed...