After a decade of declines, foreclosure activity is on the rise

Many loans would have been foreclosed if not for federal government protections enacted during the early days of the COVID-19 pandemic, according to a new report from Attom Data Solutions. Continue reading

Rocket Mortgage wants the world to know it’s in Canada

Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans. Continue reading

RE/MAX’s Motto Mortgage now has 194 offices in 39 states

With a new office in Alaska and an expanded presence in South Carolina, Motto Franchising has signed seven new franchisees in 2022. Continue reading

LoanDepot to shed 4,800 workers in 2022 in bid to return to profitability

Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable refinancing business. Continue reading

Interest rate hikes keep Miami the least affordable city in the nation

Buyers would have to spend 86 percent of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop. Continue reading

Tell us about the most expensive sale of your career: Pulse

This week, we want to hear all of the glamorous details about the priciest real estate transaction of your career. Continue reading

Does a jump in demand fully explain the pandemic housing market?

A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past two years. Continue reading

UpEquity latest Power Buyer to join zavvie’s solutions marketplace

Austin, Texas-based mortgage platform UpEquity has more avenues to partner with real estate brokerages as it looks to expand its footprint to 23 states by the end of the year. Continue reading

Short-term rental market balancing out after rush of supply

“Our expectation is that demand will grow at 5.7 percent for the year, about a quarter of the growth rate in 2022,” AirDNA says in its 2022 mid-year outlook. Continue reading

High profile firm to turn over info on Trump’s real estate deals

Cushman & Wakefield was going to have to pay $10,000 for not complying with subpoenas that are part of an investigation into the Trump Organization. Continue reading