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

What lenders are doing to fend off disruption

It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing? Continue reading

Figuring out financing is the first step for 73.5% of buyers

In a loanDepot and mellohome survey of 1,000 buyers, 73.5 percent said they researched financing options before they began looking for a home. Continue reading