The Real Brokerage has not been shy when it comes to its technological ambitions. From launching its agent-focused Fintech product Real Wallet to Tamir Poleg’s AI likeness delivering his Q1 2025 earnings prepared remarks, the company is pushing the envelope when it comes to tech in the real estate space. Last week, The Real Brokerage […]
How Flyhomes’ search portal fits in with Real’s AI vision Read More »
Union Home Mortgage (UHM) is extending its reach into the Cincinnati, Ohio, market, the company announced on Tuesday. Ravi Patel and Justin Allen will both serve as area branch managers of the Cincinnati office and bring with them a team of eight additional loan officers, three loan officer assistants, a processor, a production manager and
Union Home Mortgage expands footprint in Ohio, adds 15 new personnel Read More »
Realtor.com has added a new feature to its My Home dashboard, allowing users to access property tax monitoring and appeals services through a partnership with Ownwell, a property tax appeal company. The integration comes amid rising homeownership costs across the country, with property taxes often cited as one of the largest annual expenses after mortgage
Realtor.com adds property tax appeal tool with Ownwell integration Read More »
A group of banking and mortgage associations is trying to get the U.S. Supreme Court‘s attention due to constitutional concerns about the state of New York’s Foreclosure Abuse Prevention Act (FAPA). Friedman Vartolo LLP announced on Monday that it has filed an amicus curiae brief with the Supreme Court on behalf of five of the
Groups petition Supreme Court over New York foreclosure statute Read More »
Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 business days. This isn’t an incredibly abrupt move, but it’s slightly brisk compared to the average day of rate movement. The good news is twofold. First off,
Mortgage Rates Still Lower Than May/June Despite Drifting Higher Read More »
The US Supreme Court let President Donald Trump move ahead with plans to dramatically reduce the size of the federal government, lifting a court order that had blocked 19 federal departments and agencies from slashing their workforces. Granting a Trump request over one dissent, the justices on Tuesday cleared the administration to implement Trump’s Feb. 11 executive
Supreme Court lets Trump proceed with broad workforce cuts Read More »
The Department of Housing and Urban Development will make mortgage relief measures available in the wake of the Central Texas flooding disaster, joining others in the home lending community offering aid to hard-hit communities. With President Trump issuing a disaster declaration for Kerr County, Texas, over the weekend, a 90-day foreclosure moratorium on properties backed
HUD, lenders offer aid after deadly Texas floods Read More »
Andrew Harrer/Bloomberg Treasuries slipped across the curve Tuesday, pushing yields two to four basis points higher and the 30 year approaching 5% for the first time since May. Yields have been rising as investors pare bets on the Federal Reserve’s interest-rate cuts following a jobs report that revealed a surprisingly resilient US labor market. Interest-rate
Treasuries extend drop as pressures build on longer-dated debt Read More »
The conservator and regulator of two influential government-related mortgage investors has announced a credit score other than FICO’s “classic” metric can be used when submitting loans to them. Effective immediately, Fannie Mae and Freddie Mac will allow lenders to use VantageScore 4.0, Bill Pulte said in an X post referencing one of two advanced credit
Fannie, Freddie add VantageScore, keep tri-merge Read More »
A small lender specializing in investment property loans announced an expansion into wholesale lending. California-based Dunmor announced Monday the unveiling of a wholesale broker division, which will be led by Zeenat Zonte, a wholesale executive who most recently headed the correspondent channel of Newfi. Dunmor, which was founded in 2021, currently sponsors six loan officers,
Bridge lender launches TPO division Read More »