Cloud-based brokerage LPT Realty and its luxury spinoff Aperture Global Real Estate on Monday announced their reservation of a combined Nasdaq stock ticker as they prepare for an initial public offering. “One step closer to our IPO,” Michael Valdes, the CEO of LPT International, wrote in an Instagram post. “We have reserved the combined ticker […]
LPT Realty, Aperture Global book their spot on the Nasdaq ticker Read More »
Following the surprising jobs report released on Friday, the 10-year yield dipped slightly on Monday. As a result, mortgage rates have reached a new low for 2025, with Mortgage Daily News reporting a rate of 6.57%. Remarkably, we haven’t seen a single Fed rate cut this year! The bond market influences the Federal Reserve, and
Mortgage rates hit lowest levels of 2025 Read More »
Baird & Warner Real Estate has launched an internal Image Services division to provide real estate marketing visuals in response to the abrupt closure of VHT Studios. The new unit will be led by Shannon Lange — former area sales and account manager for VHT Studios and Matterport — and a licensed real estate agent
Baird & Warner launches image services division amid VHT Studios closure Read More »
As a real estate agent, it’s easy to assume your listings speak for themselves, but buyers and sellers still want to know who they’re working with. A well-written agent bio helps you build credibility, make a lasting impression on prospective clients and turns curious browsers into serious leads. Your real estate agent bio doesn’t need
How to Write a Lead Winning Real Estate Agent Bio in 7 Steps (+ Examples) Read More »
The reverse mortgage market appeared to recover in July after dipping in June, according to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI) that was released late last week. HECM endorsements rose 5.6% in July to 2,369 loans, the highest level recorded since February 2025. HECMs also saw regional gains
HECM endorsements rise to highest level since February Read More »
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The monthly jobs report is routinely the most closely watched economic report as far as bonds are concerned and Friday’s caused a significant amount of bond buying (which, in turn, pushes rates down). Friday’s reaction
Lowest Mortgage Rates Since Early October Read More »
Bloomberg News (Bloomberg) — At one midsized U.S. mortgage lender, almost a quarter of customers who dispute property appraisals find that the value of their home had been miscalculated. It’s an industrywide issue that has historically penalized minority groups, and now President Donald Trump has offered lenders the chance to ignore his predecessor’s attempts to make it easier
Mortgage lenders stick with Biden-era reappraisal guidance Read More »
Frank Cassidy, the acting Federal Housing Association commissioner, has apparently been nominated for the job on a full-time basis. The Mortgage Bankers Association put out a statement on Aug. 2 in support of Cassidy’s appointment. His current title at HUD is principal deputy assistant secretary, and he was nominated to the position by the Trump
Frank Cassidy nominated as Federal Housing Commissioner Read More »
UBS Group AG agreed to pay $300 million to settle a mortgage-related case with the U.S. Department of Justice as it continues to work down the list of legal issues it inherited when it bought Credit Suisse in early 2023. The Zurich-based bank said the decision will resolve all of the outstanding payments owed from
UBS pays $300 million to settle Credit Suisse mortgage case Read More »
Bloomberg News The Consumer Financial Protection Bureau is ramping up its attacks on the Government Accountability Office, claiming the independent congressional watchdog was “politicized” for questioning acting Director Russell Vought’s decision to reject funding for the CFPB this year. Mark Paoletta, the CFPB’s chief legal officer, sent a letter Thursday criticizing GAO for questioning Vought’s
CFPB calls GAO funding probe ‘political’ and ‘weaponized’ Read More »