Agent Commission Rates Remain Relatively Unchanged Nationwide
Agent commission rates across Anywhere's business segments saw a slight annual decline of 2 to 6 basis points, highlighting consistent market dynamics.
Examining Pennymac’s Ambitious Plan to Double Broker Market Share
PennyMac, despite a profit decline, aims to enhance its broker business through strategic hiring, technology investments, and robust servicing portfolio growth.
Mortgage Industry Response to Potential Shutdown of VA Servicing Program
The VA outlined plans to wind down the VASP servicing program, eliciting diverse responses from industry experts, highlighting implications for private lenders.
New York State Sees Slight Increase in Housing Inventory Amid Steady Sales
Private lenders should note the ongoing trend of rising median home prices alongside a slight increase in housing inventory in New York, despite stagnant sales.
Strategies for Competing with Cash Offers in Real Estate Transactions
Explore 13 effective strategies for private lenders to compete with cash offers, enhancing your clients' chances of success in competitive bidding wars.
New Jersey AG Files Antitrust Suit Against RealPage and Ten Landlords
RealPage faces a new antitrust lawsuit from NJ Attorney General Matt Platkin, raising concerns about market practices in the property management industry.
Washington Legislature Initiates Study on Home Equity Investment Products
Washington Legislature commissions an academic study to explore home equity investments, aiming to provide insights for private lenders in the evolving market.
Mile High Lifestyles Partners with Your Castle Real Estate, Expands Workforce
Mile High Lifestyles, co-founded by Jaden Hanson, partners with Your Castle Real Estate, adding 25 agents to enhance their market presence in Denver.
NRP Group Begins Development of Mixed-Income Housing Near Dallas
Discover a new mixed-income housing community near Dallas, featuring a public park for residents and the wider Anna community, fostering inclusive living.
Place Acquires Remine for $1.5 Million in Cash at Auction
Remine, established in 2015, was acquired by a consortium of MLS organizations in 2021 for $53.5 million, enhancing tools for private lenders in real estate.