The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent m

HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about industry performance in the first half of 2023 and how lenders can work with borrowers to improve their credit.HousingWire: 2023 has been rough for mortgage lending with mortgage applications down around 60

A week after announcing a pivot in its business strategy, publicly traded title insurance firm Doma announced the sale of its retail operations in Florida on Tuesday.Doma’s Florida operation was purchased by Near North Title Group for an undisclosed sum. Near North Title Group purchased Doma’s Midwe

Ethical and stylish? Yes!

With a history primarily defined by the transition from a Wild West mining town to a hub for scientific research and the tech industry, Boulder, Colorado, is at once r...

The Real Brokerage Inc. has promoted Jenna Rozenblat to chief operating officer. In her new role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the virtual brokerage’s tech vision. Prior to her p

The Housing Policy Council (HPC) is urging the Federal Housing Finance Agency (FHFA) to modify its proposed government-sponsored enterprises (GSEs) single-family pricing framework, including coordination with banking regulators to streamline capital requirements and retention of upfront guarantee fe

The devastation wrought by wildfires is exacerbating a long-running housing crisis on the island of Maui, pitting locals and Native Hawaiians — many of whom rent — against billionaires and real estate developers, the Washington Post reported Monday.The future of Lahaina, an island community that is

Gary Keller took to the stage at the 2023 Keller Williams Mega Agent Camp in Austin, Texas, Tuesday morning with his usual bravado: a black-and-white video featuring his favorite animal, the buffalo, in a thunderstorm, alongside a motivational message for agents. Rather than fear the storm, Keller W

With strong demand and limited options for existing homes, many homebuyers are turning to new construction. Mortgage applications for new construction home purchases increased 35.5% in July on a year-over-year basis, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS

Non-QM lender Acra Lending is projecting mortgage originations will increase in 2023 to about $2.6 billion, up from $2.1 billion last year, says CEO Keith Lind, “and we’ve been profitable every month this year, and every quarter.”Lind says Acra’s success in a punishing operating environment that has

Two former employees have filed a class-action lawsuit against Rocket Mortgage for allegedly failing to pay overtime wages. That’s at least the second case that targets the Detroit-based lender for unpaid wages. Brittany Roseboro and John Glover claim that Rocket’s leadership required them to attend

Homebuilder confidence declined for the first time this year in August, reflecting the difficulties of 7% mortgage rates and reduced housing affordability.The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report showed that builder confidence fell 6 points from

Loan quality control is again top of mind for lenders, partially due to the wave of loan-repurchase requests from Fannie Mae and Freddie Mac earlier this year. Higher loan volumes in 2020 and 2021 led to proportionally more repurchase requests, and the industry is taking another look at their risk m

While on opposite coasts and consisting of disparate inventory, New York City and Los Angeles share similarly competitive markets and, as such, have some of the most expensive real estate in the country.

Chemicals in our air may also be interacting with traditional airborne allergens, she adds, and other air pollution issues like the smoke and ash from wildfires can al...

A ransomware attack has crippled Rapattoni, a Southern California data host for property listing information.Santa Rosa-based Bay Area Real Estate Information Service (BAREIS) and other MLSes, who are clients of Rapattoni, fell victim of the cyberattack. This form of cybercrime encrypts the victim’s

These curb appeal ideas can help you spruce up your home, which attracts buyers and strengthens neighbood bonds.

Real estate professionals across the country are taking action to help support their colleagues in Maui after the devastating wildfires that began on Aug. 8. So far, the fires have killed at least 96 people and more victims are expected. Meanwhile, thousands of survivors are without shelter, water,

The regulator of Fannie Mae and Freddie Mac improperly amended stock purchase agreements in 2012 when it allowed the U.S. Treasury to sweep up the companies’ net profits, a jury in Washington, D.C. found Monday. The jury awarded shareholders of the government sponsored enterprises a total of $612.4