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New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

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

Fairway Independent Mortgage Corp. has produced a three-part documentary series about its mortgage originators. “L.O. Confidential: A Season on the Street” follows three Fairway teams in Arizona, Indiana and Texas over several months. The episodes detail how the loan...
BMO Expands Welcome Home Grant Program to California

BMO Expands Welcome Home Grant Program to California

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

BMO Financial Group has announced a $2 million commitment to expand its Welcome Home Grant program to California. The program offers up to $16,000 in grants to eligible borrowers to help with down payment and closing costs, helping buyers in underserved communities...
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....
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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