Co-founder of UK’s LendInvest launches new US venture

Christian Faes’ Los Angeles-based Faes & Co. will back tech-enabled direct lenders that cater to U.S. residential real estate investors including F2 Finance. Continue reading

Mortgage rates hit new 2023 high on debt ceiling, inflation worries

For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won’t be over until Congress actually votes to approve the deal negotiated over the weekend. Continue reading

Are ARMs and 40-year mortgage loans good deals for buyers? 

Focusing exclusively on monthly payments can mean borrowers lose sight of the advantages, and drawbacks, of various loan products. Trainer Bernice Ross looks at some alternatives to the 30-year fixed rate mortgage. Continue reading

Private mortgage insurers have friends in high places

House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015. Continue reading

RE/MAX’s Motto Mortgage aims for 1,000 offices nationwide

Being named to Entrepreneur magazine’s 2023 Franchise 500 list puts some wind in the sails of the company’s long-term goals. Continue reading

Homebuyers flinch as mortgage rates ascend toward 2023 highs

Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries. Continue reading

Economist explains that controversial FHFA fee change

There’s been a lot of talk about the FHFA’s fee increase, but economist Matthew Gardner thinks that, for the most part, it’s much ado about nothing. Continue reading

WFG swoops in to acquire nearly two dozen Doma title locations

The struggling digital title and closing provider is set to receive up to $24.5 million with earnouts “based on the retention of specified employees” by WFG Continue reading

Majority of buyers lean on agents, not banks, for financing info: Poll

A new survey conducted by Zillow suggests there are opportunities for real estate agents and companies that provide information and make lending more user friendly. Continue reading

Fannie Mae’s latest outlook is grim. 6 ways agents can beat the odds

There’s always a way that agents can position themselves for changing marketing conditions, and brokers can facilitate that process, according to broker owners Bridget Gilbert and Laura Garner. Continue reading