Buyer demand for mortgages jumps for first time in almost a month

With low for-sale inventory keeping home price appreciation in many markets at record highs, the jump in FHA purchase applications is potentially a sign that more first-time buyers are finding purchase options despite the high prices. Continue reading

RE/MAX’s Motto Mortgage up and running in 38 states

Ever since real estate franchising powerhouse RE/MAX decided to apply the company’s expertise to the provision of home loans, its Motto Mortgage business has been capitalizing on its status as the only national franchisor in the mortgage broker channel. Continue reading

Rocket Homes hiring in-house agents, launching iBuyer program

Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading

1.7M homeowners still in forbearance as protections expire

Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to borrowers and give them a chance to apply for assistance, such as a loan modific… Continue reading

First American to pay $1.185M over alleged perks for real estate agents

Networking group provided video marketing of listings, bus caravans to promote listings, investigators allege. Continue reading

Acquisitions spur Black Knight’s double-digit revenue growth

A string of acquisitions coupled with strong organic growth helped software, data and analytics provider Black Knight post double-digit revenue growth during the second quarter. Continue reading