Editor in Chief Sarah Wheeler sat down with Trevor Gauthier, CEO at ACES Quality Management, to talk about the benefits of tech partnerships and how the company is building a moat around their regulatory and compliance business. Sarah Wheeler: How do you think about build versus buy? Trevor Gauthier: For us, it’s actually four-fold. We […]
Mortgage rates stabilized this week despite newly released economic data. The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, a slight increase from last week’s figure of 6.63%, according to Freddie Mac’s Primary Mortgage Market Survey released on Thursday. Meanwhile, the 15-year fixed rate averaged 5.90% this week, down from 5.94% during the prior […]
Intercontinental Exchange (ICE) Mortgage Technology reported an improved adjusted operating income of $193 million in the fourth quarter of 2023, up 98% from one year earlier and fueled by record sales of its loan origination system (LOS) Encompass. For full year 2023, ICE Mortgage Technology posted an adjusted operating income of $508 million, down slightly […]
Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently
Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro
The value of all residential real estate worldwide is approximately $200 trillion. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S.
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Getting your
In the lead up to the Sitzer/Burnett real estate commission trial, the National Association of Realtors expected to prevail. “I am feeling cautiously optimistic and
Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to
Mortgage businesses at Wells Fargo, JPMorgan Chase and Bank of America are now only a fraction of what they were in 2022. As a group, the trio originated about $80 billion in mortgages in 2023, down from nearly $218 billion the prior year – a $138 billion decline (63%). The downsized
Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. Known as “RateReduce Sell,” it’s a major enhancement to the existing RateReduce buydown program, in which sellers have paid
Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. REcolorado, the state’s largest multiple listing service, announced new data sharing partnerships with four other MLSs on Thursday. The Colorado MLS now has partnered
The value of all residential real estate worldwide is approximately $200 trillion. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S. exceeds $1.5 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and
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In the lead up to the Sitzer/Burnett real estate commission trial, the National Association of Realtors expected to prevail. “I am feeling cautiously optimistic and that is because I think that we will, in terms of the litigation, be able to convince a panel of jurors who are consumers that