Compass’s Recent Performance Sheds Light on the Future of Real Estate Brokerage
Compass demonstrated resilience in a challenging market, achieving a 26% revenue increase to $1.4 billion in Q4, with strong transaction growth amid low resale activity.
Gibson plaintiffs’ motion to intervene in eXp and Weichert settlements denied
Plaintiffs in the Gibson lawsuit are denied intervention in the eXp World Holdings and Weichert Realtors' settlement, impacting future legal strategies in real estate.
Dominion Financial Develops AI Assistants for Real Estate and Mortgage Professionals
Discover how the internally developed digital assistants, Harvey and Donna, are transforming the mortgage industry by supporting real estate investors and brokers.
Rocket Companies to Acquire Mr. Cooper in Significant $9.4 Billion Agreement
Rocket Companies is acquiring Mr. Cooper, the largest mortgage servicer, a move poised to significantly influence the mortgage landscape.
Significant Updates to Mortgage Licensing Regulations in Maryland
Maryland's mortgage licensing laws are evolving. Private lenders should stay informed about recent emergency regulations from the Office of Financial Regulation.
Virtual Staging: Top Apps and Innovative AI Solutions to Consider
Discover six innovative virtual staging apps that streamline the home staging process, saving time and reducing costs for private lenders and real estate professionals.
Homebuyers Achieved Historic Levels of Down Payments Recently
Average down payments reached $29,900, or 14.4% of purchase prices, signaling a notable trend in buyer behavior and financial commitment in the mortgage market.
Greystar Launches Construction of Virginia Multifamily Build-for-Rent Project
Greystar has commenced construction on a multifamily build-for-rent community in Virginia, responding to growing demand for rental housing options.
Mortgage Leaders Seek Clarity on FHFA’s Decision to End SPCPs
The termination of special purpose credit programs may restrict financial support options for underserved communities, impacting equity in lending practices.
FHA limits loan eligibility to U.S. citizens and permanent residents.
FHA mandates US citizenship or permanent residency for all borrowers, impacting eligibility across its loan programs and shaping lending practices for private lenders.