Las Vegas home sells for $25M, shatters Sin City sales record

The buyer, LoanDepot founder Anthony Hsieh, is leasing the property back to the developer for the next 30 months. Continue reading

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading

Keep your eye on these top 10 purchase lenders this year

Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading

These are the mortgage lenders that dominated refinances in 2020

Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading

The top 10 independent mortgage brokers gaining market share

Mortgage brokers claimed more than 20 percent of market share for the first time in over a decade this January, and these 10 companies are leading the charge, according to rankings published by the Association of Independent Mortgage Experts. Continue reading

Here are the top 10 mortgage lenders for 2020

The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading

Newbie agent goes viral with parody of Garth Brooks song

Chicago-based eXp agent Sean Cochran‘s real estate parody of “Friends in Low Places” garnered more than 575,000 views in one month. Continue reading

Borrowers are turning to digital lenders — and abandoning banks

Americans are increasingly forgoing traditional banks when taking out home loans, pushing mortgage revenue down for big name lenders but offering a boon to unconventional, tech-enabled companies. Continue reading

LoanDepot originator’s email to Realtor ignites blowback

A mortgage originator with loanDepot in California tried to poach a Realtor that had worked with a mortgage broker on multiple transactions, the company confirmed to Inman after an email detailing the allegations was made public. Continue reading