Have Agent Commissions Shifted Since the Recent Settlement?
Real estate agent commissions have remained stable despite predicted fluctuations, highlighting resilience in the market amid evolving business practices.
Improved Mortgage Spreads Result in Record Low Rates for Borrowers
Mortgage rates hit a new low today despite a stable to rising 10-year yield, as improved mortgage spreads play a crucial role in this shift.
LoanDepot Reports Revenue of $283 Million Under Hsieh’s Leadership
loanDepot reported a 30% increase in originations and reduced expenses in Q2, resulting in a smaller net loss after founder Anthony Hsieh returned as CEO.
Aperture Global Real Estate Expands Operations in Montana
Aperture, the luxury division of LPT Realty, expands operations to 17 U.S. states and four international cities, enhancing opportunities for private lenders.
Kevin O’Leary Relocating from Boston Due to Elizabeth Warren’s Policies
"Shark Tank's Kevin O'Leary attributes his move to Florida to Elizabeth Warren's policies, highlighting the impact of political climate on real estate decisions."
Citadel Credit Union Launches Initiative for Philadelphia’s Minority Homeowners
Citadel Credit Union introduces a program offering up to $18,000 for buying, refinancing, or improving homes in eligible neighborhoods.
Freddie Mac enhances CHOICEHome financing to support affordable housing.
Discover the immediate impact of including modern single-section, factory-built homes for buyers and builders, enhancing options in the housing market.
Opendoor Engages Agents to Enhance Profitability Strategies
iBuyer achieves adjusted EBITDA profitability for the first time in three years, reporting increased revenue and reduced net losses, marking a significant milestone.
Mortgage and refinance applications show recovery in recent MBA report.
The refinance share of mortgage activity rose to nearly 42%, indicating a significant shift in market dynamics and opportunities for private lenders to engage.
FHFA Enables Fannie and Freddie to Increase Investments in LIHTC Properties
Discover how the FHFA's new directive enables Fannie Mae and Freddie Mac to expand investments in LIHTC properties, enhancing private lending opportunities.