The U.S. Attorney for the Southern District of New York (SDNY) announced individual charges Tuesday in a sweeping case that involves kickbacks and bribes from the New York City Housing Authority (NYCHA), charging 70 current and former NYCHA employees with bribery and extortion. The investigation involved more than a year of collaboration between the office […]
Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With the central bank expected to cut interest rates this year, banks reported that loan demand should strengthen across residential loan categories in 2024, […]
Insellerate, a customer relationship management (CRM) provider that serves banks, credit unions and other lenders, has rehauled its user interface (UI) to make it more user-friendly and efficient. To redesign the interface, the company collected feedback from more than 250 loan officers, demonstrating the company’s commitment to enhancing user experience. “The new UI is a […]
ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system
Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023.
National Association of Realtors President Tracy Kasper has resigned following a threat made against her, the trade group said Monday. “Kasper informed NAR’s Leadership Team
The mortgage market should improve in 2024 due to a combination of competitive pressures easing and mortgage demand picking up from historical lows last year,
A bevy of copycat commission lawsuit plaintiffs are looking to consolidate their nine suits in Missouri under Judge Stephen Bough, who over saw the Sitzer/Burnett
Change is five years into its mission as a Community Development Financial Institution (CDFI), a mission that has seen Change soar to become the nation’s
The battle among big brokerages for top agents continues in Texas, where eXp Realty added two top teams last week. The Mike Seder Group joined eXp after spending more than 25 years with RE/MAX. The team boasts 12 members, including Mike Seder’s wife Ally, and their two sons Patrick and
ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system (LOS) through a partnership with Halcyon, a tech firm specializing in advanced data integration. “In the current market where the refi boom has dried up
Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. Home prices will be up this year by a few percentage points, also. These are very clear trends as we start the new year. 2022
National Association of Realtors President Tracy Kasper has resigned following a threat made against her, the trade group said Monday. “Kasper informed NAR’s Leadership Team that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR,” NAR said in a written
The mortgage market should improve in 2024 due to a combination of competitive pressures easing and mortgage demand picking up from historical lows last year, according to a note from Piper Sandler, a leading investment bank. But don’t expect profitability to be significant compared to long-term historical averages as home
A bevy of copycat commission lawsuit plaintiffs are looking to consolidate their nine suits in Missouri under Judge Stephen Bough, who over saw the Sitzer/Burnett commission lawsuit trial in October 2023. In a filing dated Dec. 27, 2023, the plaintiffs in the Gibson and Umpa suits, the oldest and the