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Wells Fargo is retreating from the mortgage market it once led

Wells Fargo is retreating from the mortgage market it once led

by Third Party | Jan 10, 2023 | Mortgage Information, News/Current Events

Source: CNN Business —  New York(CNN)Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and...
Upbeat sentiments led the realty sector to end 2022 in high spirits

Upbeat sentiments led the realty sector to end 2022 in high spirits

by Third Party | Jan 10, 2023 | Industry Updates, International Real Estate News

Source: Construction Week —  2022 has been a great year in the history of the Indian real estate sector. After the setback of two years of slowdown, the real estate sector has gone through a tremendous transformation setting new record numbers in 2022. For the...
Layoffs, sluggish markets signal rough start to 2023

Layoffs, sluggish markets signal rough start to 2023

by Third Party | Jan 10, 2023 | Real Estate News, U.S. Housing Market

Source: The Real Deal —  The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential...
Meta updates property listing policy, riling agents

Meta updates property listing policy, riling agents

by Third Party | Jan 10, 2023 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: The Real Deal —  Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to the social media site’s virtual...
Buying a home became a key way to build wealth. What happens if you can’t afford to?

Buying a home became a key way to build wealth. What happens if you can’t afford to?

by Third Party | Jan 10, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: NPR —  Rebecca Bush started her home search in January of 2020. “I thought maybe I’ll find the perfect house in the next couple of months, and then it will line up with when my lease ends,” the 27-year-old says. “Obviously we all...
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