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Auction.com’s Daren Blomquist explains the ‘Trump bump’ and 2025 market trends

November 14, 2024 by bp56691
Daren Blomquist forecasts more home sales in 2025 and believes there will be a “Trump bump” at the end of this year.
Categories Auction.com, Election 2024, Foreclosure, Housing Inventory, Housing Market, Podcasts, Power House

Court denies eXp’s motion to stay Gibson suit despite settlement

November 14, 2024 by bp56691
eXp World Holdings negotiated a commission lawsuit settlement with the Hooper plaintiffs, but the Gibson plaintiffs don’t like the terms.
Categories Brokerage, Commission Lawsuit, eXp Realty, eXp World Holdings, Legal, Real Estate

Fathom promotes two executives to scale operations, optimize growth

November 13, 2024 by bp56691
Fathom Holdings is promoting Jon Gwin to chief revenue officer and Samantha Giuggio to president of Fathom Realty.
Categories Brokerage, Fathom Holdings, Real Estate

Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego

NAR faces another antitrust accusation over its three-way membership agreement

November 13, 2024 by bp56691
California real estate broker John Diaz has sued NAR and three other organizations over the three-way agreement.
Categories California Association of Realtors, Legal, MLS, national association of realtors, Nykia Wright, Real Estate

Movement Mortgage names Steve Smith president and CFO

November 13, 2024 by bp56691
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
Categories LendingLife, Mortgage, Movement Mortgage, Origination, People Movers

Home Depot Foundation invests $10M to assist veterans with aging in place

November 13, 2024 by bp56691
Home Depot’s philanthropic foundation is investing the money to help older veterans remain in their homes for longer.
Categories Aging in Place, Department of Veterans Affairs, Home Depot, Reverse, Veterans

Rocket’s origination volume jumps 28% in Q3

November 13, 2024 by bp56691
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in Q3 2024.
Categories Annaly Capital Management, Artificial Intelligence, Earnings, LendingLife, Mortgage, Mortgage Servicing, Mortgage servicing rights, Origination, Rocket Mortgage

Bill Pulte to be considered for HUD secretary, report claims

November 12, 2024 by bp56691
A New York Post report claims that philanthropist Bill Pulte is under consideration for the role of HUD secretary.
Categories Donald Trump, HUD, Mortgage, Politics, Regulatory

Veterans have down payment assistance options of up to $117K

November 12, 2024 by bp56691
Down Payment Resource highlighted 49 of the 2,400-plus assistance programs that offer up to $117,000 specifically for veterans.
Categories Department of Veterans Affairs, Down Payment Assistance, Mortgage, Origination, Veterans
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