Builder Confidence Declines in the Multifamily Market for Q1
"Explore current challenges in the multifamily market, including construction costs and financing issues, impacting builder confidence significantly."
Blend Discusses Rocket-Mr. Cooper Deal and Plans to Exit Title Business
Blend reports a quarterly revenue drop but hints at a $50M deal while exiting the title business to enhance its digital lending strategy.
DOJ Launches Investigation into Letitia James Regarding Mortgage Fraud
New York AG Tish James faces a criminal investigation into mortgage fraud, initiated by a referral from FHFA Director Bill Pulte, raising concerns for lenders.
Examining the Downsides of Compass’s Pre-Marketing Strategy by Robert Reffkin
Compass's market share has reached 6%, up from 4.47% last year, alongside a significant increase in principal agents to 20,656, highlighting growth momentum.
Hilltop Residential Introduces New Multifamily Development Division
Hilltop Residential Development enhances its leadership by appointing Eric Overton as managing partner, signaling growth in the multifamily sector.
Leading California Team Partners with Coldwell Banker Realty
Coldwell Banker leaders emphasize their expertise in high-end real estate and robust presence in the Bay Area, enhancing opportunities for private lenders.
Redfin reports declining revenue and increased losses in the first quarter.
Redfin's decision to skip an earnings call before its acquisition by Rocket Companies highlights strategic shifts, sparking interest among private lenders in the evolving landscape.
Offerpad and Auction.com Establish Partnership for Real Estate Transactions
Offerpad’s Renovate division to become a preferred provider of property renovation services for Auction.com buyers, enhancing investment opportunities for private lenders.
Closing Costs for Refinancing Vary Significantly by State
New York's average closing costs reach 2.1% of the loan amount, significantly outpacing the national average, highlighting challenges for private lenders.
RentRedi Launches Monthly Newsletter for Rental Housing Investors and Managers
Stay informed with RentRedi's new monthly newsletter, designed for rental housing investors and managers, featuring insights and resources for the industry.