Top Headlines
Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Sanjay Patel is scheduled to be sentenced on Dec. 12. Continue Reading Georgia Real Estate Attorney Pleads Guilty to Fraud Charges
Tiffany Wright Named CEO at Global Real Estate Advisors
Wright comes to GREA from HFO Investment Real Estate, where she was chief operations officer. Continue Reading Tiffany Wright Named CEO at Global Real Estate Advisors
Zillow Promotes Jeremy Wacksman to CEO
He succeeds co-founder Rich Barton, who remains on the Zillow board and becomes co-executive chairman. Continue Reading Zillow Promotes Jeremy Wacksman to CEO
Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’
“Most real estate agents don’t make any money,” he admitted. Continue Reading Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’
Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Continue Reading Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
Guest Opinion: The Realtors’ View of the Current Mortgage Market
The 2023 NAR president offers his association’s view on how Congress can upgrade today’s mortgage policy environment. Continue Reading Guest Opinion: The Realtors’ View of the Current Mortgage Market
Fewer Mortgage Applications Amid Rising Rates
The Refinance Index took an 8% tumble from the previous week and was 43% lower than the same week one year ago. Continue Reading Fewer Mortgage Applications Amid Rising Rates
Equifax Debuts Employment Verification Tool for Mortgage Originators
“It’s critical for lenders to have access to timely verification data at each stage of the mortgage process,” said Equifax’s Ashley Wood, Continue Reading Equifax Debuts Employment Verification Tool for Mortgage Originators
MBA: Number of Loans in Forbearance Continue to Decline
The trade group’s latest Loan Monitoring Survey estimated 255,000 homeowners are currently in forbearance plans. Continue Reading MBA: Number of Loans in Forbearance Continue to Decline
Q1 Household Debt Tops the $17 Trillion Level
Mortgage originations (including refinances), dropped in the first quarter to $324 billion, the lowest level seen since 2014. Continue Reading Q1 Household Debt Tops the $17 Trillion Level
Mortgage Rates Inch Lower
“This week’s decrease continues a recent sideways trend in mortgage rates,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Inch Lower
Mortgage Delinquency Rate Drops to Historic Lows
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Drops to Historic Lows
US Foreclosure Activity Stabilized in April
Atlantic City, New Jersey, was the major metro with the highest foreclosure rate. Continue Reading US Foreclosure Activity Stabilized in April
Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Mortgage payments on a typical home could be 22% higher by September. Continue Reading Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Mr. Cooper Group Acquires Home Point Capital for $324 Million
The transaction comes one month after Homepoint agreed to sell certain assets of its wholesale originations channel to The Loan Store Inc. Continue Reading Mr. Cooper Group Acquires Home Point Capital for $324 Million
