Rocket Pro Power Play expands credits and initiates Big Pitch voting.
Rocket Pro has expanded its refinance credit to 60 bps on all refi products, alongside a 60-bps purchase credit and a 40-bps Compass credit for lenders.
The Rarity of 20% Down Payments in Commercial Real Estate Transactions
Rising interest rates increase debt service, leading to stricter DSCR requirements. Many commercial buyers now face higher equity demands for financing.
Two Harbors Reports Pending Approval in CCM Deal and Dividend Formula Update
Two Harbors Investment Corp. has nearly completed the regulatory approval process for its sale to CrossCountry Intermediate Holdco LLC, pending final state approval.
American Real Estate Association focuses on advocacy as membership approaches 100,000.
ARA enhances its board by incorporating REMAX leaders and offers complimentary memberships at company-owned firms, promoting industry collaboration and growth.
Borrowers file lawsuit against LGI Homes and loanDepot for alleged fraud.
Florida homebuyers have initiated a class-action lawsuit against LGI Homes, loanDepot, and LGI Mortgage Solutions, alleging involvement in an "improper home-sales scheme."
RealAnalytica Introduces AI-Driven Workforce for Real Estate Insights
Streamline your lending process with a platform integrating CRM, MLS, email, tax data, marketing, analytics, e-signatures, and transaction management tools.
AI is redefining the skills needed for successful real estate agents.
AI is streamlining agent tasks like follow-ups and marketing, allowing agents to enhance productivity by combining AI efficiency with human insights and negotiation skills.
The Localized Impact of AI on the Housing Market
Amid nationwide price cuts exceeding 40%, select AI hubs like San Francisco demonstrate remarkable resilience, indicating unique market dynamics at play.
Federal Reserve’s Actions Drive Mortgage Rates Higher
Ten-year yield reaches 4.74%, pushing mortgage rates to 6.83%. Fed hawks indicate potential rate hikes amid rising oil prices above $84.
The mortgage industry is addressing only a portion of the market.
Explore the evolving landscape of homeownership beyond buying and refinancing, as homeowners transition through different phases, impacting lending opportunities.