Mortgage rates stabilize after Fed meeting
Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year...
Bob Goldberg out as NAR CEO
The National Association of Realtors’ longtime CEO Bob Goldberg is leaving the trade association, multiple sources with knowledge of the situation have confirmed...
Better Insurance is Better’s latest move to become a leading digital homeownership company
New York-based digital lender Better Home & Finance Holding Company launched Better Insurance to allow customers to shop for homeowners insurance through a...
Homestar Financial Corp. to cease retail operations
A combination of mortgage volatility and extreme margin compression forced Homestar Financial Corp. to suspend retail operations.
The Gainesville, Georgia-based lender announced plans to...
New home sales rise up despite affordability headwinds
New home sales figures exceeded projections in September despite mortgage rates at 23-year high, declining mortgage applications and waning builder confidence.
In September, the...
FinCEN expands GTOs of all-cash home sales yet again
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department, announced last week that it will again be expanding its Geographic Targeting...
Mr. Cooper’s profits increase to $275M in Q3
Mr. Cooper Group improved its profitability in the third quarter of 2023 mainly due to the performance of its servicing portfolio, which benefited from...
Nosalek plaintiffs look to get in on Anywhere and RE/MAX settlements
The plaintiffs in the Nosalek buyer broker commission lawsuit have asked Judge Patti Saris of the U.S. District Court in Boston to stay...
Redfin launches new agent pay plan in San Francisco, Los Angeles
Long known for its salaried compensation for agents, Redfin is trying a new pay model in two of the nation’s largest housing markets...
Mortgage applications stall with 8% rates
With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior, according...