On the cusp of capital? Doubts creep in, broker-owners tell Intel

Brokerage leaders told Intel their faith in improving capital conditions is still alive but weakening. What happens next remains an open question with high stakes for the real estate industry. Continue reading

5 pandemic mortgage strategies for the self-employed 

Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval. 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

What’s going on with the chaotic small business loan program?

The Paycheck Protection Program will potentially give real estate agents free money. But the program’s launch has had a rocky start. Continue reading

7 steps for recession-proofing your business

Whether you are a single agent or a broker-owner, your response to the COVID-19 shutdown right now will have ramifications for months and years to come. Here are seven things you need to do right now to take charge of your finances and prepare for what… Continue reading

iBuying giant Opendoor to begin offering home loans

iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading

New Freddie Mac mortgage plan bundles purchases and repairs

The CHOICERenovation program offers homebuyers a single loan, with just one set of closing costs, that they can use to buy a house and then fix it up. Continue reading

Veterans Affairs loans have spiked since 2007 recession: Study

The percentage share of veterans and active duty servicemembers that applied for a first-time home loan partially guaranteed by the U.S. Department of Veterans Affairs (VA) nearly doubled in the run up to the financial crisis, a new study out today fro… Continue reading