Citi pledges to serve more minority homebuyers

The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading

Nationwide Equities fined $140K for alleged deceptive advertising

The Consumer Financial Protection Bureau says the lender “misled borrowers into believing they could not lose their homes with a reverse mortgage.” Continue reading

Housing market insanity leaves homeownership rate unchanged

The U.S. homeownership rate remained statistically unchanged in the first quarter of 2021, despite the recent increase in housing market activity. Continue reading

EXp launches brokerage operations in Columbia

The virtual brokerage now operates in 14 countries, and has plans to open in others later this year. Continue reading

Realogy opens Inclusive Ownership program to 5 more brands

After a successful rollout at Coldwell Banker, Realogy is expanding the diversity initiative to all of its franchise brands starting April 27. Continue reading

8 ways to help homebuyers through an as-is purchase

As-is sales are always ripe for complications in markets that typically entertain repairs and concessions after the inspection period. Agents need to make sure clients are as prepared as possible before going into a multiple-offer situation. Here’s how. Continue reading

Zestimates can’t keep up with wild housing market, agents say

Four agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs. Continue reading