Fannie Mae reduces expenses and reports $3.7 billion profit in Q1.
Fannie Mae reported a $3.7B profit in Q1, driven by $7.3B in revenue, as expenses decreased by 19% and net worth grew to $112.7B, highlighting financial stability.
Will REMAX Headquarters Move to Florida Following Real Acquisition?
Potential relocation creates uncertainty for Colorado brokers and staff, especially amid REMAX's established presence in Denver's competitive market.
Castlelake and Redwood Establish $8 Billion Prime Jumbo Mortgage Partnership
Castlelake and Redwood Trust have partnered to acquire up to $8 billion in prime jumbo mortgage loans, expanding their market presence and investment opportunities.
Ron Leonhardt states CCM is fully invested as Two Harbors deal progresses.
Two Harbors has revised its merger agreement with CrossCountry, increasing the cash price per share to $11.30, enhancing value for stakeholders.
Illinois Realtors Collaborates with MRED for Enhanced MLS Access
Illinois Realtors collaborates with MRED to enhance MLS access for members, with pre-registration now available and rollout anticipated shortly.
Private Capital’s Real Estate Surge: Why Specialized Servicing is Now Essential
Private capital is reshaping real estate finance. Discover why the surge in non-bank lending makes specialized mortgage servicing operationally essential for lenders and note investors.
Atlantic Avenue Leads in HECM Broker Report Rankings
Atlantic Avenue topped the February HECM TPO broker rankings with 901 total endorsements, highlighting its strong performance in the reverse mortgage market.
Keller Williams Purchases Michael Lewis Marketing Suite
Keller Williams has acquired MLMS, enhancing marketing services for 130,000 agents, with plans for a comprehensive network rollout. Explore the implications for private lenders.
Mortgage Applications Decrease by 1.6% as Borrower Intent Diminishes
Mortgage applications declined 1.6% as 30-year fixed rates reached 6.37%. While refinancing decreased by 4%, purchase activity increased by 21% year over year.
Virginia Embraces California’s Innovative Church-Land Housing Model
Virginia's new legislation allows churches and faith groups to develop affordable housing on their land, following California’s successful model for accessible housing solutions.