Monthly Archives: October 2023

More lenders raise their conforming loan limit to $750K

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Following Rocket’s lead, UWM and Guaranteed Rate say they’ll price mortgages of up to $750,000 as if they’re eligible for purchase by Fannie Mae and Freddie Mac in anticipation of expected 2024 increases. Continue reading →

Flyhomes rebounds with launch of nationwide lender partner channel

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“Buy before you sell” product is the first offering in a phased rollout, with plans to offer a full suite of products, including cash offer services. Continue reading →

‘Modest’ commission proposals are insufficient, says watchdog

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Long critical of the lack of real estate commission transparency, watchdog group Consumer Federation of America released steps for creating a competitive landscape around agent commissions. Continue reading →

Mauricio Umansky finds his groove on ‘Dancing with the Stars’ week 3

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The Agency’s CEO made a significant recovery from his fumbling performance the week prior as he delivered a comeback foxtrot that had judges singing the praises of his “suavecito” moves. Continue reading →

Stakes are incalculable for NAR as bombshell commission trial looms

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Next week’s long-anticipated Sitzer/Burnett commission trial is only the most immediate threat to real estate’s most powerful trade organization as it navigates a series of existential challenges. Continue reading →

Breakfast Club’s DJ Envy accused of endorsing pal’s home-flip scam

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RaaShaun Casey, host of the syndicated iHeartRadio show “The Breakfast Club,” is accused of promoting pal Cesar Pina’s home-flipping venture, frequently in distressed areas of New Jersey. Continue reading →

Why US consumers are souring — and what that means for housing

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Maegan Sherlock, senior research analyst for John Burns, spoke with Intel about the results of the firm’s latest household sentiment survey: “I was hoping to see a new ‘magic’ mortgage rate.” Continue reading →