Chris Franquemont Joins Rate After Transition from CrossCountry
Chris Franquemont rejoins Guaranteed Rate as a producing branch manager, bringing valuable experience from his recent role at CrossCountry Mortgage.
Redfin reports a decline in the popularity of all-cash home purchases.
Homebuyers can buy properties outright with cash, reducing reliance on mortgages. However, cash purchases fell to a three-year low, with only one-third of buyers opting for this method.
Masiello Commission Lawsuit Dismisses Arizona Realtors and Others
Joseph Masiello's commission lawsuit sees reduced defendants as he voluntarily dismisses several parties. Future claims remain possible in this case.
Real Estate Weekly Review: Notable Successes and Shortcomings
Explore the latest trends affecting the mortgage market, including DOGE's influence on legislation, unique developments in Greenland, and Redfin's recent layoffs.
West Coast MLSs collaborate to share listing data effectively.
California’s MetroList, NNRLMS, and ODS are enhancing collaboration by sharing real-time data and market insights, benefiting over 30,000 subscribers across regions.
Real Estate Brokerage Gross Margin Experiences Ongoing Decline
Brokerage firms are navigating intense agent competition, declining valuations, and evolving M&A dynamics, reshaping their strategies for sustained growth.
Lawyers claim Alexander brothers are unpaid and exit Side lawsuit.
Michael Betz and Grayson Marshall are no longer counsel for Tal and Oren Alexander, following unpaid legal fees in a breach of contract case involving Official Partners.
Commercial and Multifamily Mortgage Borrowing and Lending Expected to Increase 16%
Multifamily lending anticipated to reach $361 billion highlights a significant growth opportunity for private lenders in the evolving commercial mortgage market.
Mr. Cooper reports $204 million profit and ranks among top five correspondent lenders.
Dallas-based Mr. Cooper Group reported impressive fourth-quarter earnings, showcasing a $204 million profit and $235 million in pretax operating income, reflecting growth.
Redfin announces layoffs of 450 employees in its rental division.
Redfin and Zillow's new partnership to syndicate rental listings may impact market dynamics, prompting shifts in strategies for private lenders.