Financing Program Targeted at Sellers Preparing for Home Staging
Discover a new financing program designed to assist sellers with home staging, currently in select markets with plans for broader availability.
SFR Investors Reduced Home Purchases This Year
Institutional investor activity declined as iBuyers, flippers, and sale-leaseback firms emerged to fill the gaps in the mortgage market.
Vishal Garg predicts Better’s AI may underwrite 75% of mortgages soon.
Better’s CEO announced that 40% of its current mortgages are underwritten by AI via the Tinman platform, showcasing a significant shift in mortgage processing.
OCC Ends 2021 Consent Order with Wells Fargo
Wells Fargo's termination of the OCC consent order highlights a significant shift in its loss mitigation strategy, affirming improvements in compliance and operations.
Fannie Mae’s Increasing Blacklist Is Hindering Home Sales
Condominium owners face challenges selling as properties are blacklisted by Fannie Mae due to insurance and repair issues, complicating buyer financing options.
Fraudster Sentenced for Real Estate Scams Inspired by ‘Seinfeld’
Discover how Thomas John Sfraga, alias TJ Stone, leveraged popular culture in his schemes, ultimately leading to his sentencing for real estate fraud.
Five Consent Orders Issued for Unregistered Mortgage Broker in British Columbia
Four real estate licensees and a mortgage broker face disciplinary actions in British Columbia. Discover the implications for private lenders in this evolving landscape.
The Ascendancy and Decline of Prominent Real Estate Brokerage Firms
Explore the evolving landscape of residential brokerage as emerging models challenge traditional practices, reflecting broader cycles of growth and decline in the industry.
Rising Production Expenses Affect IMB Profits in Fourth Quarter
In Q4 2024, 61% of firms across all business lines reported pre-tax net financial profits, a decrease from 71% in Q3 2024, indicating shifting market dynamics.
Howard Hanna seeks judge’s recusal in Gibson commission lawsuit over conflict.
In the Gibson commission suit, the brokerage argues that attorney Matthew Dameron's campaign donation to the judge's wife raises concerns over case impartiality.