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MBA Awards Over $156K in Path to Diversity Scholarships

MBA Awards Over $156K in Path to Diversity Scholarships

by Phil Hall | Nov 29, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has awarded $156,463 in scholarships to 179 industry professionals under its Path to Diversity (P2D) Scholarship Program during the 2023 fiscal year that ended on Sept. 30. The scholarships were given to industry professionals...
JZZ Technologies Closes Acquisition of Oxygen Mortgage

JZZ Technologies Closes Acquisition of Oxygen Mortgage

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Anderson, South Carolina-based JZZ Technologies Inc. (OTC Pink: JZZI), a diversified company focused on real estate development and digital media, announced the closing of its acquisition of O2 Mortgage LLC, dba Oxygen Mortgage. Headquartered in Boulder, Colorado,...
Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

Team Led by ‘Bachelor’ Star and Ex-Cop Joins The Real Brokerage

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Seattle-area brokerage created by a former reality television star and an ex-police officer has joined The Real Brokerage (NASDAQ: REAX). Kirkland, Washington-based MDG Residential is led by Jason Mesnick, who starred on the thirteenth season of the ABC series “The...
Will 2024 Be the Year of Affordable Homeownership?

Will 2024 Be the Year of Affordable Homeownership?

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Next year could see a new wave of homeowner affordability, according to the 2024 Housing Forecast released by Realtor.com. Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year....
Revela Raises $9 Million in Series A Funding

Revela Raises $9 Million in Series A Funding

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Revela, a Detroit-headquartered property management software provider, has raised a $9 million Series A funding round. This marks Revela’s inaugural fundraising initiative since its founding. The company said the newly-raised funds will be used to strengthen...
Mortgage Application Activity Rises Slightly

Mortgage Application Activity Rises Slightly

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
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