Real Estate Agent Tools
What Is a Reverse Mortgage & What Does It Mean to Me?
Source: The Street --- A reverse mortgage is an increasingly attractive proposition for older Americans who may be low on cash, need to supplement retirement income, and want to use their home equity to remain in the house they own. What Is a Reverse Mortgage? Reverse...
Digital Rental Marketplace REZI Creates World’s First Residential Lease-Backed Security
REZI, the rental marketplace that automates the leasing process for residents and property owners alike, announced today that it signed a $100M deal with SR Alternative Credit, LLC, (SRAC) a private credit affiliate of Spouting Rock Asset Management, LLC, to purchase...
Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
“Brokers who facilitate private marketplaces are likely to find themselves on the wrong side of history,” said Damian Eales. Continue Reading Realtor.com CEO Wades into Debate Over Clear Cooperation Policy
New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Racing has taken place at Freehold since the 1830s. while organized racing began in 1854 with an annual fair featuring harness racing. Continue Reading New Jersey’s Historic Freehold Raceway is Sold, with Mixed-Use Development Planned
Trump Organization Expands Into Mobile Phone Sector
The mobile phone plan will start at $47.45 a month, a reference to Trump serving as the 45th and 47th president. Continue Reading Trump Organization Expands Into Mobile Phone Sector
Florida Realtors Education Foundation Allocates $233,000 in Scholarships
All recipients are Florida residents and will attend community colleges, four-year universities, graduate programs or law schools, both in state and out-of-state. Continue Reading Florida Realtors Education Foundation Allocates $233,000 in Scholarships
Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Martell replaces Shane Paladin, who stepped down in April – he had only served in the executive leadership role in January. Continue Reading Former loanDepot CEO Frank Martell Tapped to Run SmartRent
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Historic San Francisco Theater to be Renovated and Reopened
Ted Gerike, founder of the Los Angeles cinema and bookstore Now Instant Image Hall, was hired as the theater’s creative director. Continue Reading Historic San Francisco Theater to be Renovated and Reopened
HUD and Ginnie Mae in Housing Finance Deal with South Korea
The agreement is designed to identify and remove barriers to public and private capital flows into housing finance systems, with an emphasis on long-term, stable investment. Continue Reading HUD and Ginnie Mae in Housing Finance Deal with South Korea
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
According to the companies, M2B Mortgage was created to “provide a more personalized, streamlined, and reliable lending experience.” Continue Reading Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
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