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.
What to Anticipate in the Housing Market of 2024
Discover the latest insights for private lenders in a volatile economy and housing market. Stay informed and navigate uncertainty with expert mortgage industry summaries.
Battle among Homebuilders Bolsters Economic Growth
"Exploring new strategies employed by builders to combat mortgage rate hikes, now touching 8%. Uncover how increased funding is maintaining the pace in the industry."
The Mortgage Industry Remembers the Late Patti Cook
"Pioneering industry figure, Patricia 'Patti' Cook, passed away at her home at age 70. Her 45-year tenure in the mortgage sector left an indelible mark and shattered glass ceilings."
CondoTek and MGIC Launch Solution for Condo Compliance Issues
"Discover CondoTek and MGIC's new condo compliance solution, offered at no additional cost with CondoTek's CPW. A breakthrough development in real estate compliance."
RE/MAX Untroubled by Resulting $55M Commission Lawsuit Settlements
"Explore the historical correlation between commission rates and supply-demand metrics in the mortgage industry, as noted by RE/MAX CEO, Nick Bailey."
ICE Mortgage Business Thrives in Q3 Amid Industry Challenges
"ICE Mortgage Technology delivers strong Q3 results with a notable $131M in operating income. Increase driven by robust sales from Encompass loan origination system and MSP solutions."
Accurate Group Expands Portfolio with Acquisition of AMC Voxtur
"Accurate Group set to widen its appraisal services, aiming at enhancing its impact across mortgage lending, default, and servicing sectors. A strategic move for private lenders."
Zillow Secures Acquisition of CRM Platform, Follow Up Boss
"Zillow Group gears up to purchase CRM system, Follow Up Boss, in an impressive deal worth up to $500 million, escalating advancements in the mortgage industry."
Unexpected Guilty Verdict in Commission Lawsuit Impacts Real Estate Industry
"Experts discuss potential changes in real estate operations and industry future post Sitzer/Burnett verdict. Private lenders may see shifts in agent behaviour and commission norms."