The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy, published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. Described as a “blueprint” for the GSEs’ 2025–2027 “Duty to Serve” plans, the publication aims to […]
Independent mortgage lender Embrace Home Loans has promoted Ryan “Buddy” Hardiman to the position of president, the company announced on Wednesday. Before the promotion, Hardiman served as the company’s senior vice president of retail and direct sales for more than four years. In his new role, Hardiman will lead its lending and fulfillment operations. He […]
The late January auction of iconic Hamptons estate ‘La Dune’ marked the first time a property was included in an art auction at Sotheby’s. The $88.48 million winning bid on ‘La Dune’ also made the estate the most valuable property ever auctioned live at Sotheby’s. ‘La Dune’ was included in Sotheby’s weeklong ‘Visions of America’ […]
As we come out of the holidays, we’re cleaning up, throwing out tired-looking decorations and looking for a place for presents in the closets or
Invitation Homes, the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California‘s “rent gouging” laws, the state’s Attorney General
Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Blue Sage Solutions’s
AutomatIQ Borrower from CoreLogic is a one-stop borrower verification and qualification platform. The platform was built focused on two key aspects: what data do lenders
Serena by the Sea, a waterfront condominium project by Valor Capital, which is still completing construction, has listed its largest unit for sale. The unit,
Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three
Like the corporate brokerage defendants in the Sitzer/Burnett commission lawsuit, the National Association of Realtors also filed post-trial motions. The motions were filed on Monday prior to the filing deadline, but they did not appear on the court docket until Tuesday evening. The trade group joined defendants HomeServices of America
As we come out of the holidays, we’re cleaning up, throwing out tired-looking decorations and looking for a place for presents in the closets or cabinets. However, if you’re like many Americans, you’re probably planning to take at least some of those presents back to the store for a refund
Invitation Homes, the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California‘s “rent gouging” laws, the state’s Attorney General Rob Bonta announced on Monday. As part of the settlement filed in Los Angeles County Superior Court, Invitation Homes will pay $2.04 million in civil
Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Blue Sage Solutions’s primary product offering is a cloud-based digital lending platform designed to operate in the retail, wholesale, and correspondent lending channels while ensuring compliance. Additionally, the
AutomatIQ Borrower from CoreLogic is a one-stop borrower verification and qualification platform. The platform was built focused on two key aspects: what data do lenders need, and why do lenders need this data? Lenders need answers to three key questions: Does the borrower have the capacity to pay? Does the
Serena by the Sea, a waterfront condominium project by Valor Capital, which is still completing construction, has listed its largest unit for sale. The unit, listed for $2,999,000, has an open-concept layout, panoramic views and an interior that blends modern aesthetics with custom-made Italian finishes, hardwood bedroom floors and large