A U.S. appeals court has halted the enforcement of a Florida law that bans Chinese citizens from purchasing property in the state, multiple news outlets reported. The decision places the law on hold until the court rules on the merits of the case. The next step comes when the three-judge panel of the 11th U.S. […]
Veteran mortgage executive James Seely has sued Guild Mortgage for allegedly failing to pay $750,000 in compensation after terminating his employment for cause by “manufacturing out of whole cloth spurious claims of Mr. Seely not working full time,” according to a recently filed lawsuit. “While we do not comment on pending litigation, Guild’s long-standing reputation […]
In my previous article, we discussed the importance of re-evaluating reverse mortgage marketing to “seniors” by dividing the current demographic into two groups: members of the post-World War II generation and baby boomers. This understanding informs our approach to marketing and sales, ensuring that we see and hear our customers fully. In turn, this allows […]
Scott Fava has returned to Compass after an almost five-year absence, the brokerage announced on Thursday. Fava is joining Compass from NestSeekers. “We could not
Rocket Pro TPO – the wholesale arm of Rocket Mortgage – made updates to its existing products to court more brokers. Its ONE+ program –
Few things affect the real estate market more than the rise and fall of interest rates, which has a ripple effect that directly influences everything
Employers kept a brisk hiring pace in December, exceeding economists’ expectations by 43,000 jobs. Jobs increased by 216,000 in December, up from 173,000 in November,
The National Association of Realtors saw its membership numbers drop 1.11% during the last month of the year, as 17,489 former members let their membership
After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1
Since its founding in 2015, remote online notarization (RON) platform Proof, formerly known as Notarize, has helped sellers and buyers close $347 billion worth of real estate transactions, according to an announcement on Friday. While the firm is pleased with this milestone, it has its sights set on California. On
Scott Fava has returned to Compass after an almost five-year absence, the brokerage announced on Thursday. Fava is joining Compass from NestSeekers. “We could not be happier to welcome Scott and his team back to Compass and help them accomplish all their business growth and goals,” Gordon Golub, Tri-State Regional
Rocket Pro TPO – the wholesale arm of Rocket Mortgage – made updates to its existing products to court more brokers. Its ONE+ program – a conventional 1% down home loan program that launched in May – will include Freddie Mac‘s loan product advisor (LPA), which could translate to a
Few things affect the real estate market more than the rise and fall of interest rates, which has a ripple effect that directly influences everything from buyer behavior to market trends. Lower interest rates make mortgages more accessible, paving the way for more buyers into the market and potentially resulting
Employers kept a brisk hiring pace in December, exceeding economists’ expectations by 43,000 jobs. Jobs increased by 216,000 in December, up from 173,000 in November, according to data released by the Bureau of Labor Statistics. Economists were expecting an addition of 170,000 jobs. With December’s numbers in, a total of
The National Association of Realtors saw its membership numbers drop 1.11% during the last month of the year, as 17,489 former members let their membership lapse. Year-over-year, from Dec. 31, 2022, and Dec. 31, 2023, NAR lost 26,367 members, a 1.67% annual decline, according to NAR’s monthly membership report. The