Rocket Reduces Workforce by 2% Following Redfin Acquisition Completion
Detroit's Rocket Companies announces layoffs shortly after acquiring real estate brokerage Redfin for $1.75 billion in stock, raising industry concerns.
Clear Cooperation Policy: Ten Antitrust Risks Identified in Real Estate
Explore the implications of Clear Cooperation (CCP) on private lenders, highlighting potential legal challenges and the risk to industry credibility. Learn more.
Idaho Brokerages and Agents Involved in RICO Lawsuit
Brokerages are facing legal action for allegedly colluding with developers to sell defective homes, raising concerns for private lenders about risk management.
Opendoor Emerges as Reddit’s Latest Memestock Sensation
Opendoor's equity price has notably surged, influenced primarily by discussions and activity within Reddit's Wall Street Bets subreddit, impacting market trends.
Mortgage Spreads Approaching Pre-Pandemic Levels
"Despite a tumultuous news cycle, mortgage rates held steady, influenced by enhancements in mortgage spreads, offering stability for private lenders."
Non-QM Loans: Transforming Homeownership in Today’s Economy
Explore the evolving U.S. mortgage landscape, where Non-Qualified Mortgages are reshaping lending practices to reflect modern earning and living trends.
MMI launches AI interface for loan officers to access detailed mortgage data.
Discover how MMI's AI-powered chatbot revolutionizes lending with insights from 500 million origination records, enhancing decision-making for private lenders.
Texas Home Sales Increase by 1.4% in the Second Quarter
Texas sees a slight decrease in median home prices, now at $340,000, despite a 1.4% increase in home sales, highlighting market resilience for lenders.
RE/MAX Reports Continued Rise in Home Sales for Fifth Consecutive Month
Learn how June's median sales price edged up to $440,000, reflecting ongoing growth in home sales and its implications for private lenders. Read more.
RealPage Expands Rent Payment Options with Livble Acquisition
Livble's rent payment solution integrates with RealPage, enhancing efficiency in installment-based processing for private lenders in property management.