Realtor Addresses Rising Land Fraud Attempts at Iowa City Property
Realtor Adam Pretorius urges industry professionals to prioritize integrity by reporting real estate fraud, challenging shame and stigma in the process.
Fed Rate Cut in September: Mortgage Professionals Question Potential Impact
Amid expectations of rate cuts by the Federal Reserve, mortgage experts note potential minimal effects on the industry, urging caution and careful planning for private lenders.
Commercial and Multifamily Mortgage Originations Increased by 66% Year-Over-Year
Discover a significant 140% year-over-year increase in loan volume for office properties, highlighting trends in commercial and multifamily mortgage originations.
ICE Reports $851 Million Profit in Second Quarter, Adjusts Revenue Expectations
ICE's mortgage technology division reported $531 million in revenue, reflecting a 4.1% increase from the previous quarter and a 4.9% year-over-year growth.
John L. Scott CEO explains AI strategies and MLS consolidation trends.
Explore the transformative impact of artificial intelligence across various sectors and the urgent need for MLS consolidation in the evolving mortgage landscape.
Southern California Luxury Brokerage Partners with eXp Realty
Brett Zebrowski and Palm Realty Boutique, a 90-agent firm with $750 million in sales volume, are aligning with eXp Realty to enhance their market reach.
Pending Home Sales Decrease 0.8%, Reflecting 2.8% Year-over-Year Decline
Private lenders should note the month-over-month and year-over-year declines in the Midwest, South, and West, while the Northeast experienced a notable 2.1% gain.
Fannie Mae Reports $3.3 Billion Profit and Exceeds $100 Billion Net Worth
"Despite a 9% quarterly and 26% annual net income decline, the company maintains profitability for 30 consecutive quarters, showcasing resilience in the market."
Report Highlights Rising Rental Housing Costs in New York City
Danielle Hale critiques Zohran Mamdani's rent freeze pledge amidst NYC's rising rental costs, emphasizing challenges in the current housing market dynamics.
Record Levels of Down Payment Assistance Now Available, Reports DPA Resource
DPR has introduced 45 new lending programs, increasing the total to 2,554 in the U.S. This expansion highlights evolving opportunities in the mortgage market.