Banks can now delay appraisals for up to 120 days after closing

In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading

Real estate firms nab $8B in small business stimulus loans

The real estate industry has so far secured 3.22% of the money being doled out as part of the pandemic-prompted Paycheck Protection Program. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

Pulse: What’s your biggest challenge with financing? Readers sound off

What’s your biggest challenge with financing? From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing. Continue reading

Zillow declares mission accomplished, debuts new comprehensive vision

Zillow this week debuted a new mission statement: Rather than simply building a marketplace, the company says its new goal “is to give people the power to unlock life’s next chapter.” Continue reading

First American acquires Docutech

The move furthers First American’s goal of providing a digital, end-to-end closing platform. Continue reading

Here’s why Compass launched a bridge loans program

Carly Litzenberger, the senior director of new ventures at Compass, gave more insight into the impetus behind launching the program at Inman Connect in New York. Continue reading

Here’s why Compass launched a bridge loans program

Carly Litzenberger, the senior director of new ventures at Compass, gave more insight into the impetus behind launching the program at Inman Connect in New York. Continue reading