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

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

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

Here are the mistakes agents must avoid: The Real Word

This week, Byron Lazine and Nicole White discuss mistakes agents make when competing, consumer recession fears and the Marketeer. Continue reading

As rates rose, demand for mortgages dwindled every month in Q2

Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data released Monday by Black Knight. Continue reading

As recession looms, consumers see tide turning in favor of homebuyers

Fannie Mae finds 81 percent of Americans think the economy is on the wrong track, but the share of consumers who think it’s a good time to buy ticked up in June. Continue reading

June jobs report reveals impact of layoffs on real estate industry

Fears of impending recession and a slew of prominent layoff announcements put only a moderate damper on real estate hiring last month, according to the U.S. Bureau of Labor Statistics. Continue reading

3 trends poised to disrupt the real estate landscape

Emerging trends in real estate can sometimes be difficult to understand. Expert Sundance “Monty” Brennan explains why he thinks these 3 disruptors should be on your radar in the months to come as the market continues to shift Continue reading

Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading