Opinion: The GSEs are targeting IMBs on buybacks

I am going to be controversial here. The GSEs have become more aggressive in their levels of buybacks with lenders. I say this without the benefit of the specific data, and I would love to see some from Fannie Mae and Freddie Mac, or the FHFA, but in the absence of that, I have interviewed a wide va
Read More10 powerful mindset secrets for motivation

The strongest agents are constantly analyzing their return on investment regarding how they’re spending both their time and their money. This includes money spent on their business as well as their personal lives. Below are the top 10 powerful secrets that strong agents use to stay motivated and kee
Read MoreOpinion: What the ICE-Black Knight merger means

The decision to allow the ICE – Black Knight merger to proceed announces the digital integration of the real estate value chain anticipated for over 25 years. Digitization redraws industry boundaries and changes how the value of information is expressed, enriched and exchanged. The capital, capabili
Read MoreIt all comes down to trust in data

Here’s one for you: How many fintech companies does it take to reduce the cost to originate a loan? There’s no great punchline to throw in here — only the sobering fact that it cost a record high of $13,171 to originate a loan in the first quarter of 2023, according to Fannie Mae’s recent lender sen
Read MoreOpinion: how to close the minority homeownership gap

Since 2008, the number of private secondary mortgage providers has reduced dramatically, and those that remain in the market generally purchase jumbo loans from more affluent borrowers. Fannie Mae and Freddie Mac have been under government conservatorship since the beginning of 2008. Ginnie Mae is w
Read MoreHousing inventory stalls: Less than 3K homes added
The housing inventory data from last week makes me wonder if we are starting the seasonal decline in active listings in August. Mortgage rates also had a crazy week and purchase apps fell once again.Weekly active listings rose by only 2,939Mortgage rates went from 7.04% to 7.20% and back to 7.03%Pur
Read MoreStylish Terrace Home Pays Tribute To Melbourne’s Architectural Heritage

The Domain Precinct of Melbourne, Australia, is at once chic, historic, urban and affluent.
Read MoreWhat’s Listing And What’s Selling Right Now In NYC’s ‘Discerning But Liquid’ Real Estate Market

Check out some of the latest luxury properties over $5 million that just hit or left the Big Apple market.
Read MoreIs Crowdfunding Still Viable In Today’s Market?

CrowdStreet CEO steps down amid fire after $50 million went missing, raising concerns over crowdfunding investments.
Read MoreFlorida affordable housing law that dilutes local power has upset the apple cart

A new affordable housing law passed by Florida’s legislature and signed in March by Gov. Ron DeSantis is reportedly creating anxiety among local elected officials who are concerned that the new law cedes too much control over zoning and other matters to the state government.The “Live Local Act,” pas
Read MoreVa.-based Coldwell Banker Premier expands to Maryland

Coldwell Banker Premier announced a merger with Coldwell Banker Professional Real Estate Services along with all of its sales associates, which further expands Coldwell Banker Premier’s office footprint into Cumberland, Maryland, and surrounding markets. This is the sixth merger by Coldwell Banker P
Read MoreRedfin looks to experiment with a new brokerage compensation model

Redfin was in the red yet again in the second quarter, but its losses are narrowing and it’s tweaking its unique brokerage model to court more experienced agents in pricey coastal areas. Redfin’s financialsRevenues at Redfin fell 21% year-over-year to $275.6 million, down from $606.9 million a year
Read MoreMortgage rates fall after softer labor data
Mortgage rates are finally headed lower after a crazy week of jobs data showing that the economy isn’t going into recession. Job growth is slowing as we get closer and closer to the target range of the make-up demand in labor, but it hasn’t broken yet. What do I mean by a make-up demand in labor? As
Read MoreTo spur affordable housing, the federal government is selling land for dirt cheap

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Interior announced this week its plans to arrange the sale of federal land to the State of Nevada in an effort to spur construction of affordable housing units in the Las Vegas metropolitan area.The arrangement
Read MoreRE/MAX remains profitable even as US agent count drops

Despite a 10.6% annual decline in revenue and a 6.3% drop in U.S. agent count, RE/MAX Holdings, the parent company of the real estate giant RE/MAX, stayed in the black during the second quarter of 2023.Overall for the quarter, RE/MAX generated a net income of $2 million, down from $5.8 million a yea
Read MoreLOs: Turn data assets into origination opportunities

Rates are high, housing inventory is down, and competition for new originations is fierce. Leaders across mortgage and banking are turning to their marketing partners with some variation of the same ask: “We need to improve the effectiveness and profitability of our campaigns, increase originations,
Read MoreSEC ends investigation into Better.com and SPAC partner’s alleged securities law violations

Aurora Acquisition Corp., the special purpose acquisition company planning to make public the digital nonbank lender Better.com, said on Thursday that the Securities and Exchange Commission (SEC) ended an investigation of the companies with no enforcement action. In July 2022, HousingWire reported t
Read MoreThe labor market showed signs of modest cooling in July

Data from the July jobs report released Friday fell roughly in line with expectations. Job gains came in lower than both the 278,000 monthly average for the first half of 2023 and the 399,000 average of 2022. Total nonfarm payroll employment increased by 187,000 jobs, compared to 209,000 in June, ac
Read More$30 Million L.A. Mansion Looks Over A Secret Body Of Water

The Bel-Air property was once owned by the late Ursula Theiss, a German actress and second wife of Hollywood actor Robert Taylor.
Read MoreThis $30 Million Bel-Air Mansion Overlooks A Secret Body Of Water

The Bel-Air property was once owned by the late Ursula Theiss, a German actress and second wife of Hollywood actor Robert Taylor.
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