Identifying the Most Expensive ZIP Code in America
Explore the striking disparity in housing prices, as Fisher Island's median listing reaches $11.9 million—over 27 times the national average.
Vic Lombardo Appointed President of Mortgage Services at RE/MAX Holdings
Vic Lombardo joins RE/MAX Holdings as President of Mortgage Services, bringing expertise from Guaranteed Rate Affinity to enhance their mortgage offerings.
LeadingRE Expands Preferred Vendor Program to Include AccountTECH
Explore darwin.Cloud by AccountTECH, a platform integrating commission tracking, reporting, and accounting with MLS and transaction data for enhanced efficiency.
Independent Mortgage Banks Return to Profitability with $950 Per-Loan Gain
Independent mortgage banks reported a pretax net production profit of $950 per loan, showing a robust recovery from a previous loss, highlighting market resilience.
Are Housing Permits Indicating an Impending Recession?
Housing permits hit a cycle low amid reported job losses in residential construction, signaling potential challenges for private lenders in the market.
Mortgage Rates Gradually Approach 6% Threshold
Housing market dynamics show improving conditions for buyers and sellers. Anticipation of lower mortgage rates may enhance opportunities in the near future.
Reasons Behind Vendors’ Delays in Transitioning to the ICE SDK
"ICE delays legacy tech retirement, sparking debate among lenders about the industry's readiness for modernization and the need for timely adaptation."
Caliber Home Loans penalized $2.3 million for excess charges to borrowers in California.
Caliber Home Loans faces $1.8 million in penalties and refunds over $550,000 to California consumers for violations, highlighting compliance concerns in lending.
HUD to Implement English-Only Policy, According to Report
The department will eliminate non-English flyers and materials from its website and offices, streamlining communication for all stakeholders involved.
July Sees Continued Increase in Demand for New-Home Purchase Mortgages
July saw a rise in purchase activity for new homes, as mortgage applications and new-home sales estimates showed significant improvement, signaling market strength.