Compass-Anywhere deal brings $9B mortgage JVs under one roof
Industry leaders see the Compass–Anywhere merger as simplifying the mortgage side of the business, which includes Guaranteed Rate Affinity and OriginPoint.
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Property tax, mortgage relief package introduced by Ohio lawmakers
Senate Bill 255 would allow qualifying homeowners to apply for up to $3,000 per year in grants to help cover monthly housing costs.
Sun Belt leads sales volume but posts nation’s lowest absorption rate
Housing market efficiency varies dramatically by region with Sun Belt showing lowest absorption rate despite highest sales volume.
Katie Sweeney, AIME lawsuit escalates as broker group files counterclaims
Katie Sweeney lawsuit against AIME seeks $280,000 in unpaid compensation while the mortgage broker association counters with allegations of misconduct.
Tech Pulse: Real estate referral landscape; new e-sign tool
Real estate agents are navigating a shifting lead-gen landscape — balancing referrals, paid portals like Zillow, and tech tools such as CRMs.
Groundfloor Lending expands leadership team
The recent appointments of Patrick Donoghue as vice president and general manager, Kendall Bazan as vice president of revenue, and Andrew Hurd as vice president of risk mark the next chapter for Groundfloor Lending as it matures into a standalone brand under the Groundfloor umbrella.
How will lenders recalibrate as Fed signals path to lower rates?
Mortgage lenders are recalibrating ahead of the Federal Reserve’s anticipated monetary easing cycle, rolling out rate promotions, streamlining operations and broadening product menus.
Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources
Ohio-based Union Home Mortgage Corp. (UHM) has reached an agreement to acquire assets of California-based Sierra Pacific Mortgage Co., sources told HousingWire.
Miami luxury home prices soar to $1.13 million, nearly triple national average
Miami’s luxury real estate market shows exceptional strength with average prices at $1.13M, triple the national average. New construction and future builds command even higher premiums.
North Carolina housing market offers 20% price advantage over national average
North Carolina’s housing market presents a compelling value proposition with 62,710 active listings and typical homes priced around $519,908 compared to the national average of $647,307, the Tar Heel State presents a compelling alternative to pricier markets across the country. First-time homebuyers will find plenty to love in North Carolina, where more than one-third of all listings fall below the $300,000 mark.