Bloomberg reports Figure’s enlistment of banks for lending arm IPO
As a mortgage industry expert, I summarize news for private lenders. Stay updated with Figure Technologies as they hire investment banks for the LendCo IPO.
Court Greenlights Anywhere and RE/MAX Commission Lawsuit Settlements
"Judge Bough grants preliminary approval to RE/MAX and Anywhere's commission lawsuit settlements. Potential involvement of the DOJ piques curiosity in the mortgage industry."
RE/MAX Report: Decline in Home Sales as Inventory Increases
"Explore the latest insights from RE/MAX CEO; home sales are down, yet inventory growth indicates promising signs for the market. Dive into the in-depth analysis here."
Assessment of the Real Estate Industry Developments for a Specific Week
"Explore this week's Real Estate hits and misses featuring Chicago's latest office property, the status of FHA's MMI Fund, and a public funding standoff over a $1.5 billion stadium."
Opinion Piece by Phil Hall: The Landscape Post Sitzer/Burnett in the Mortgage Industry
"Explore Phil Hall's Op-Ed on potential impacts in the real estate industry, focusing on broker fee structures. Learn about life after Sitzer/Burnett. Stay updated with Weekly Real Estate News."
New York’s Plaza Apartment Fetches $66 Million in Notable Sale
"Discover inside secrets of a significant off-market real estate transaction, in which a grandiose NYC Plaza apartment sold for an astounding $66 million."
Is Artificial Intelligence Capable of Addressing Racial Disparities in Homeownership?
"Explore how AI can potentially bridge racial disparity in homeownership. Learn from Urban Institute's Janneke Ratcliffe's insights on AI's role in mortgage processes."
System Lockdown on Mr. Cooper Prompted by Cyberattack
"Leading home lender Mr. Cooper faces a cybersecurity intrusion incident, leading to an immediate lockdown of certain tech systems. Access the latest industry news here."
Assessing the Commission Lawsuit Verdict’s Influence on Future NAR Membership
"Explore how slower housing market conditions, more than the recent lawsuit verdict, are predicted to imminently impact NAR's membership tally, as per industry experts."
Rocket Enhances Margins under New CEO, Continues Profitability in Third Quarter
"Rocket Companies registers solid Q3 2023 profits, with increased margins in direct-to-consumer and wholesale channels, indicating robust industry growth for private lenders."