Newrez reports solid Q2 profits with a focus on $65B in 2026 originations.
Newrez reports a profit increase in Q2 driven by improved servicing performance and higher originations, signaling positive trends for private lenders.
Sitzer/Burnett Data Motion Serves as a Compliance Alert for the Industry
Plaintiffs seek to inform 562 opted-in MLSs, allowing silence post-7 days to imply consent for releasing listing and commission data per NAR settlement.
Fed hawks gain influence despite no increase in interest rates.
Yields increased ahead of the Fed meeting, with the 10-year at 4.60% and oil prices dropping below $79, creating uncertainty in hike projections.
Brokerage Transaction Fees May Result in $2 Billion Cost to Consumers
Brokerage admin fees typically range from $400 to $600 per side, potentially exceeding $1,000, with total annual costs approaching $2 billion.
Mortgage Rates Approach 7% While Housing Demand Remains Resilient
Mortgage rates are nearing 7% for locked loans across all credit profiles. Yet, home purchase and refinance demand remains resilient despite affordability challenges.
Suburban Expansion in DFW is Emerging West of Fort Worth
Explore how Parker County and Weatherford are emerging as promising suburban markets in North Texas, reflecting demographic and economic growth trends similar to Collin County.
Local Strategies for Gaining a Competitive Advantage in a Consolidating Market
Independent brokerages can thrive in a consolidating market by focusing on specific neighborhoods and streamlining local content, enhancing visibility and scalability.
The Hidden Impact of Mortgage Lock-In on Accidental Landlords in America
Mortgage lock-in is driving homeowners into landlord positions as sales decline. With 30-year rates at 6.43%, 1.33M sales were stalled by lock-in trends.
ClosingLock Introduces Payment Tools to Safeguard Homebuyer Funds
"Discover enhanced functionalities for title and settlement companies, enabling seamless management of incoming and outgoing buyer funds within a unified platform."
Agent Migration Slows as Focus Shifts to Retention Strategies
External moves among agents remain stable, totaling 3,390 this quarter with a slight decrease of six from the previous period, indicating market consistency.