Category Archives: Mortgage

Consumer group say FHFA’s plan to pit VantageScore 4.0 against older FICO Classic score will make “anti-competitive natures of the credit scoring market even worse.”

Raleigh Realty and CrossCountry Mortgage are accused in six separate lawsuits of operating an illegal “pay-to-play” scheme in violation of the Real Estate Settlement Procedures Act (RESPA).

Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June.

CEO Varun Krishna says lender has already seen a surge in leads and higher conversion rates from the Redfin deal, thanks to “cross pollination” of leads, agent referrals and mortgage applications.

Kelman said it was a tough decision to sell, but one that ultimately will empower the company to better compete with portal giants like Zillow, Realtor.com and Homes.com while continuing to focus on customer service.

With job market stable and economy chugging along, futures market investors now think the odds of a September rate cut are less than even.

Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6 percent last week compared to the week before.

A 2024 Inman AI Award winner, Rexera offers customizable AI agents that automate workflows on condo sales by obtaining HOA documents and public records, extracting data and flagging potential issues.

With Trump administration’s Aug. 1 deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy.

RE/MAX’s total agent count grew 2.5 percent from a year ago, to 147,073. But a growing proportion of those agents work outside of the franchisor’s main markets, the U.S. and Canada.