What’s one thing most homeowners would say no one told them about buying a home? If you said how quickly property taxes can go up, you’re not lying—and let me give you a tip to help you save them thousands. But first, last night, some of my MBA Accounting students graciously volunteered with me to […]
In an interview with National Mortgage News, former Federal Home Loan Bank of Chicago executive Steve Thomas complained about the current lack of product development in the mortgage business. That is likely because of a reluctance among lenders to create those unique programs outside of the agency and government spectrums especially since Monday morning quarterbacks
Breaking the mold: new mortgage products emerge Read More »
Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac. Fraser met with Trump to discuss the bank’s possible involvement in monetizing the Federal National Mortgage Association and Federal Home Loan Mortgage Corp., the firms that have been
Citi CEO meets Trump on Fannie, Freddie public offerings Read More »
Zillow’s critics may say that the company has never had the best interests of real estate agents at heart. But on the company’s second-quarter 2025 earnings call on Wednesday night, executives looked to set the record straight. “As we work to streamline residential real estate transactions with our ‘Housing Super App,’ everything we build is
Zillow wants to be the hub for consumers and agents Read More »
On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with Craig McClelland — chief strategy officer at HomeStory and president of LOCAL Realty — for a forward-looking conversation about the shifting landscape of real estate. McClelland emphasizes the growing necessity of consumer-first strategies. He also highlights how major players like Zillow
HomeStory’s McClelland speaks on changing real estate landscape Read More »
The Banner Team — one of the highest-performing real estate groups in the Washington, D.C., metro area — has joined Compass. Led by principal agent Wendy Banner, the 13-agent team brings more than 100 years of combined experience and $2.03 billion in career sales to Compass. The group most recently held the top spot at
Top-producing Banner Team joins Compass, expanding DC-area presence Read More »
As Opendoor looks forward on its path to profitability, the iBuyer is looking to leverage agent relationships to expand its business. A day after discussing this strategic shift during the firm’s second-quarter 2025 earnings call with investors and analysts, Opendoor has announced a partnership with the Jason Mitchell Group (JMG) a powerhouse real estate referral
Opendoor teams up with Jason Mitchell Group Read More »
Daniel Gale Sotheby’s International Realty has added Tanya Fuchs and Valerie Rosenblatt to its team. Fuchs joins the company as a licensed associate real estate broker. She grew up on Long Island’s South Shore and now lives year-round on Fire Island — where she plans to focus her business. “Fire Island is a truly special
Sotheby’s International Realty adds pair of New York agents Read More »
The U.S. Department of Housing and Urban Development (HUD) is cleaning up its books and auctioning off roughly $444 million in reverse mortgages on Wednesday to reduce the risk to its Mutual Mortgage Insurance (MMI) Fund. The sale includes about 1,600 Home Equity Conversion Mortgages (HECMs) tied to vacant single-family homes where the borrowers are
HUD is auctioning off 1,600 HECMs — with more to come Read More »
Showcase Real Estate — a Yuba City, California-based brokerage — has joined The Real Brokerage under its private-label program. Led by broker-owner Donna Phelan, Showcase Real Estate brings 45 agents to Real, expanding the firm’s presence across a seven-county region in Northern California. Since 2018, Showcase has closed more than 2,170 transactions totaling $826 million
Real Brokerage adds California firm via private-label program Read More »