MBA Secondary: Leaders of big banks and IMBs agree — a shakeout…

20-05-2018

Stearns Lending CEO David Schneider noted that even with companies finding more efficiencies in their process, something will have to give. “I think that capacity needs to come out of the system. There has been a lot of growth in independent banks, but they built their business with margins much...

Read more

Midyear Update: Flat Forecast for Home Sales This Year

20-05-2018

For the foreseeable future, the housing market will be plagued by scarce supply, according to presenters at the 2018 REALTORS® Legislative Meetings & Trade Expo, held recently in Washington, D.C. With the economy and employment encouraging growth, home sales will be subdued, though still on an uphill track, according to National...

Read more

For Buyers, Credit Matters—but How Much?

20-05-2018

Borrowers not as creditworthy as others often have higher mortgage payments; in fact, according to an analysis recently released by Zillow, the average borrower categorized with credit as “fair” can be on the hook for $21,000 more than a borrower with an “excellent” score. Here’s how: Borrower A has a credit...

Read more

How Can Brokers Lead the Effort to Increase Listings, Boost Inventory?

20-05-2018

According to RISMedia’s 2018 Power Broker Report & Survey, 71 percent of Power Brokers are being challenged the most by inventory shortages. This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses how to address the issue, and offers up steps and solutions. Moderator Christina Pappas, District Sales Manager, The Keyes...

Read more

Amazon Experience Centers Look to Transform Smart-Home Shopping

18-05-2018

Amazon is making moves yet again. As a way to market its smart-home business segment without having to invest in conventional store locations, the online marketplace giant has partnered with Lennar Corporation to provide connectivity demos of Alexa-enabled products—everything from video doorbells and smart shades to lighting and scheduled deliveries—within the...

Read more

HUD kills key tool used to enforce Obama fair housing rule

18-05-2018

The Trump administration just took another significant step toward derailing a controversial fair housing rule issued by the Obama administration in 2015. HUD announced late Friday afternoon that it is “withdrawing” a computer tool that was to be used to enforce the Obama administration’s Affirmatively Furthering Fair Housing rule.Read more:...

Read more

TRK Connection names Jeremy Burcham to lead sales

18-05-2018

Mortgage quality control and origination management solutions provider TRK Connection announced this week that Jeremy Burcham joined the company as executive vice president of sales. Burcham comes to the company from The Compliance Group.Read more: https://www.housingwire.com/articles/43414-trk-connection-names-jeremy-burcham-to-lead-sales

Read more

Texas-based OJO Labs raises $20.5 million to bring AI to real estate

18-05-2018

A group of real estate, financial services, and home services companies are joining together to help bring artificial intelligence to real estate and beyond. Austin, Texas-based OJO Labs announced on Friday that it raised $20.5 million in its Series B funding round. Taking part were Realogy, Royal Bank of Canada...

Read more

Accel-KKR acquires fintech veteran Sageworks

18-05-2018

Sageworks, which is one of the country’s first fintech companies, announced it has been acquired by private equity firm Accel-KKR, which primarily invests in software and technology-enabled services businesses.Read more: https://www.housingwire.com/articles/43412-accel-kkr-acquires-fintech-veteran-sageworks

Read more

New 3 World Trade Center to mark another step in NYC's downtown…

18-05-2018

More than 16 years after the World Trade Center tragedy, a major part of the rebuilt WTC site is getting ready to openRead more: https://www.cnbc.com/2018/05/18/new-3-world-trade-center-marks-another-step-in-nycs-downtown-revival.html

Read more

[PHOTOS] Shaq to sell massive Florida mansion for $28M

18-05-2018

Basketball legend and sports commentator Shaquille O'Neal recently put his 31,000 square-foot home on the market for $28 million.Read more: https://www.housingwire.com/articles/43408-photos-shaq-to-sell-massive-florida-mansion-for-28m

Read more

Property management tech provider Mynd raises $20 million

18-05-2018

Property management technology provider Mynd announced this week that it raised $20 million in its Series B funding. Mynd was founded in 2016 by Doug Brien and Colin Wiel, who previously founded Waypoint Homes, a single-family rental operator that eventually grew into the largest player in the industry.Read more: https://www.housingwire.com/articles/43407-property-management-tech-provider-mynd-raises-20-million

Read more



advertisement


Mortgage Rates

 

advertisement


National Weather

Click on map for forecast

advertisement