Compass just declared independence from the MLS and took Redfin and Rocket with it

What does this partnership mean? Coldwell Banker agent Cara Ameer examines Compass’ latest moves against “organized real estate” for answers. Continue reading

Unlisted founder talks inventory, seller signals, market opportunity

Unlisted founder Katie Hill believes off-market is the solution to real estate’s long-standing inventory problems. But her idea has been tried before. Continue reading

Fannie and Freddie cleared to back loans of up to $832,750 in 2026

The $26,250 increase in Fannie and Freddie’s baseline single-family conforming loan limit is the smallest since 2020, but pushes the ceiling in high-cost markets to $1,249,125. Continue reading

Rocket Mortgage rolls out bullish $822,550 conforming loan limit

The 2.4 percent increase ahead of an official announcement in November surpasses more cautious 1.5 percent increases adopted last month by UWM, Pennymac, CrossCountry and Rate. Continue reading

RE/MAX taps an industry veteran to revive Motto Mortgage brand

Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate. Continue reading

As JVs struggle, Rate names top salesman to head retail mortgage

Guaranteed Rate Inc.’s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits. Continue reading

Rocket offering renters up to $5K in closing credits

RocketRentRewards lets homebuyers earn closing cost credits equal to 10 percent of their verified rent payments over the past year, or $2,160 for those paying the average $1,800 in rent. Continue reading

Homebuyers get a break as big lenders redefine ‘jumbo mortgage’

CrossCountry Mortgage joins Rocket, Pennymac, UWM and Rate in raising conforming loan limit above current $766,550 cap for Fannie Mae and Freddie Mac ahead of an official announcement. Continue reading

UWM and Rate join the $802K conforming loan limit party

With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA’s official announcement. Continue reading

Rocket funding 2-year rate buydowns for low-income buyers

Lender creates and funds an escrow account that’s used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires. Continue reading