Rabois: Major Cuts Needed, Not iBuying, According to Opendoor Co-Founder
Opendoor's co-founder rejoins the board, advocating for cost reductions while emphasizing the continued importance of iBuying in the company's strategy.
Union Home Mortgage Acquires Sierra Pacific Mortgage Assets, Sources Say
Union Home Mortgage Corp. has agreed to acquire assets from Sierra Pacific Mortgage Co., potentially enhancing its market presence and operational capabilities.
Pacaso introduces 30-year mortgage option for shared vacation homes.
Pacaso launches an innovative 30-year mortgage for vacation home co-ownership, supported by a $100 million investment from Texas Capital, enhancing financing options.
Key Mortgage Launches Affinity Partnership Program for Professionals
Discover a new initiative providing comprehensive support for private lenders, featuring three partnership models and innovative relocation and loan trading services.
Rechat Introduces AI Tool for Connecting Real Estate Agents
Discover a platform where agents can connect seamlessly, utilizing listing data and location filters for efficient communication and enhanced collaboration.
MLSs prepare for the rollout of NAR’s postponed marketing changes.
Private lenders are observing varied implementations of MLOS across different MLS platforms, aligning with NAR's vision for flexible policy adoption.
Stephen Miran Appointed as Fed Governor Before Upcoming FOMC Meeting
Miran's approval by the Senate Banking Committee marks a key development for private lenders, potentially influencing economic policy and lending practices.
Linkhome Holdings Launches Platform for Real Estate Purchases Using Cryptocurrency
**Learn how Linkhome's AI platform integrates cryptocurrency for real estate transactions, enhancing accessibility for investors and homebuyers alike.**
Mortgage Rates Reach New Annual Low Ahead of Federal Reserve Meeting
Mortgage rates fell to a yearly low of 6.25% after lower-than-expected manufacturing data from the New York Fed, presenting potential opportunities for private lenders.
Intensified Debate Over Property Taxes in Ohio
Ohio's evolving property tax policies since the 1990s have significantly increased the burden on homeowners, impacting the landscape for private lenders.