Longbridge Reports Q1 Loss While Leaders Highlight Positive Contributions
Longbridge reported a Q1 loss; however, its parent company maintains confidence in its overall contribution to profitability in the private lending sector.
Rocket Emphasizes Integration Following Growth in Originations and M&A
Lower rates bolstered originations for Rocket Companies in Detroit's competitive market, highlighting strategic growth through acquisitions of Redfin and Mr. Cooper.
Examining the Downsides of Compass’s Pre-Marketing Strategy by Robert Reffkin
Compass's market share has reached 6%, up from 4.47% last year, alongside a significant increase in principal agents to 20,656, highlighting growth momentum.
Home Equity Levels Decline Moderately in the First Quarter
Home equity levels have decreased in 47 states and DC, indicating potential shifts in mortgage lending strategies. Explore the implications for private lenders.
Hilltop Residential Introduces New Multifamily Development Division
Hilltop Residential Development enhances its leadership by appointing Eric Overton as managing partner, signaling growth in the multifamily sector.
Investigation into Mortgage Fraud Involving NY Attorney General Letitia James
New allegations against NY AG Letitia James prompt a criminal probe for potential mortgage fraud. Explore the implications for private lenders.
NAR Reports Home Prices Increased in 83% of Metropolitan Markets
Home prices in many metro markets are hitting record highs, highlighting shifting market dynamics. Discover insights from NAR Chief Economist Lawrence Yun.
Washington, DC Metro Area Sees 25.1% Increase in Active Listings
Median home prices increased by 4.1% to $600,964, while active listings in the Washington, DC metro area surged by 25.1%, indicating market growth.
Homeowners report high costs and emotional stress impacting renovation choices.
Homeowners increasingly rely on savings for upgrades, facing challenges like budget overruns, delays, and personal stress, highlighting trends in home improvement financing.
Tamir Poleg discusses AI’s impact on the future of real estate.
Discover how Real is integrating AI into its core operations, effectively managing thousands of agent inquiries daily to enhance efficiency and service.