Strike Activity Causes Slowdown in Labor Market
"Discover the latest industry insights with October's job gains, which fell significantly compared to September, now under the average monthly gain of 258,000 over the past year."
Glenn Kelman Declares Redfin Well Equipped to Handle Commission Lawsuit
"Private lenders may experience major changes as Redfin's potential breakthrough could revolutionize the mortgage industry. Expert insights into industry transformations included."
Archer Acquires Mortgage Subsidiary from Trustar Bank
"Trustar Bank divests mortgage subsidiary to Archer Mortgage Holding Company in a strategic transaction. Partnership amplifies Archer’s statewide reach and brings enhanced lending options for Virginia community."
Mortgage Rates Stabilize Post Federal Reserve Meeting
"Stability observed in mortgage rates following Federal Reserve's decision to hold rates steady, triggering decreased Treasury yields. A must-read for private lenders."
Michael Strauss and Smart Rate Lose Business Authorization in Illinois
"Smart Rate Mortgage ceases licensing as a residential lender; Michael Strauss, former head of Sprout Mortgage, now holds an inactive MLO license."
ICE Mortgage Business Thrives in Q3 Amid Industry Challenges
"ICE Mortgage Technology delivers strong Q3 results with a notable $131M in operating income. Increase driven by robust sales from Encompass loan origination system and MSP solutions."
NAR CEO Bob Goldberg Steps Down from Position
"Bob Goldberg steps down as NAR CEO following the Sitzer/Burnett commission lawsuit trial setback. Significant news for private lenders, signaling industry shifts."
MISMO President Discusses Gaining Mastery Over AI Applications
"Explore the critical importance of protecting intellectual property in the digital age, underscoring the risks of letting AI like chatGPT access and learn from unrestricted online sources."
Rocket Enhances Margins under New CEO, Continues Profitability in Third Quarter
"Rocket Companies registers solid Q3 2023 profits, with increased margins in direct-to-consumer and wholesale channels, indicating robust industry growth for private lenders."
Examining the Appeal Process for the $1.8B Sitzer/Burnett Commission Lawsuit Verdict
"Explore the potential outcomes of the recent commission lawsuit verdict appeal in the private lending domain. Understand the possible directions this pivotal case may take."