Credit Suisse acquired by rival UBS in biggest bank merger since 2008

The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading across international financial markets. Continue reading

Low mortgage rates keep home costs in an acceptable range

Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading

Rates for 15-year mortgages continue slow rise from prior lows

Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading

Mortgage lenders deal more purchase loans amid fewer refis

The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading

CoreLogic to acquire automated closing costs firm ClosingCorp

The deal is expected to close in the third quarter if it receives regulatory approvals and meets “customary closing conditions.” Continue reading

Pulse: What’s your biggest challenge with financing? Readers sound off

What’s your biggest challenge with financing? From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing. Continue reading

5 bad buyer habits that need to stop

Buying a home is stressful, and it can cause lots of anxiety for buyers. Sometimes that stress and anxiety can cloud buyers’ judgement. But when buyers take matters into their own hands, it can result in expensive mistakes. Continue reading

8 things mortgage lenders do that frustrate agents

When the loan process gets derailed, it can set off an entire contagion of events that create a tremendous amount of stress for all involved. Here are eight things mortgage lenders do that frustrate agents to no end. Continue reading

Dollars and sense: 10 things financially smart agents already know

In this recurring column on all things agent and broker finance, Jack Gross explains why establishing financially savvy habits starts with self-awareness and how he learned that the hard way. Continue reading

How agents are impacted by mortgage digital disruption

Mortgage providers have been gaining ground when it comes to true digital disruption of the notoriously clunky, paper-heavy process. Although there’s still plenty of work to do, the industry has made some important strides toward streamlining the proce… Continue reading