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