Real Estate Industry News & Insights
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Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Sheldon Haag was sentenced to one year and one day in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Capital Square Acquires Georgia Build-for-Rent Community
Valley Ridge was developed by D.R. Horton and completed in 2023. Continue Reading Capital Square Acquires Georgia Build-for-Rent Community
MBA Taps David Menke as Director of Member Relations
Menke comes to the MBA from CapStar Bank, where he served as vice president of secondary marketing. Continue Reading MBA Taps David Menke as Director of Member Relations
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
The city was accused of failing to maintain a publicly available list of accessible units and their accessibility features. Continue Reading DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
Dan Sogorka Named General Manager of Rocket Pro TPO
Sogorka previously served as CEO and president of Sagent, a fintech company that designs and builds digital mortgage servicing platforms. Continue Reading Dan Sogorka Named General Manager of Rocket Pro TPO
loanDepot Unveils accessZERO Program to Assist Homebuyers
The new program is available nationwide for Federal Housing Administration purchase mortgages. Continue Reading loanDepot Unveils accessZERO Program to Assist Homebuyers
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
A new AI chat interface in Pathfinder is being tested to help mortgage bankers and brokers answer client questions. Continue Reading Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Cenlar Taps David Schneider as President
Schneider joined the company earlier this year as chief financial officer. Continue Reading Cenlar Taps David Schneider as President
Mortgage Rates Keep Climbing to the 8% Mark
The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. Continue Reading Mortgage Rates Keep Climbing to the 8% Mark
Southern First Bancshares Opens Dream Mortgage Center
The center will provide homebuyer education and outreach in an underserved community of South Carolina. Continue Reading Southern First Bancshares Opens Dream Mortgage Center
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
‘Family Guy’ Takes Aim at Reverse Mortgages
A Tom Selleck parody convinced Peter Griffin to consider “Hey Alright Reverse Mortgages – or HARM.” Continue Reading ‘Family Guy’ Takes Aim at Reverse Mortgages
Lendesk Debuts Lender Spotlight AI Assistant
“This product is designed to be an indispensable tool for mortgage professionals,” said Carter Zimmerman, president of Lendesk. Continue Reading Lendesk Debuts Lender Spotlight AI Assistant
Hits and Misses for the Real Estate Week of Oct. 16-20
A Chinese agtech company is kicked out of Arkansas, a Fed officer feels your pain and a wild new building becomes a Las Vegas landmark. Continue Reading Hits and Misses for the Real Estate Week of Oct. 16-20














