Tag Archives: mortgage

CoreVest gearing up to make more bridge loans to flippers

By | | Uncategorized
Comments Off on CoreVest gearing up to make more bridge loans to flippers

Parent company Redwood Trust closes deal to acquire Portland, Oregon-based bridge loan provider Riverbend Funding LLC. Continue reading →

AnnieMac expands mid-Atlantic presence, acquires OVM Financial

By | | Uncategorized
Comments Off on AnnieMac expands mid-Atlantic presence, acquires OVM Financial

Rising mortgage rates are prompting some lenders to downsize to adapt to changing market conditions. But the market shift is also expected to drive mergers and acquisitions. Continue reading →

Making $67K? That’s no longer enough to buy the typical US home

By | | Uncategorized
Comments Off on Making $67K? That’s no longer enough to buy the typical US home

The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Continue reading →

Don’t let the market define you: 3 ways to reset your attitude

By | | Uncategorized
Comments Off on Don’t let the market define you: 3 ways to reset your attitude

The recent market shift has some real estate professionals responding out of fear. Instead, writes coach Todd Duncan, dig down and get in touch with the fundamentals to develop a service-oriented approach that will win the day. Continue reading →

Property marketplace Sundae cuts 15% of its workforce

By | | Uncategorized
Comments Off on Property marketplace Sundae cuts 15% of its workforce

Sundae, which lets homesellers sell their properties as-is to investors without hiring an agent, said layoffs were targeted to its newest markets. Continue reading →

Roostify, Indecomm aim to expedite gig worker’s mortgage applications

By | | Uncategorized
Comments Off on Roostify, Indecomm aim to expedite gig worker’s mortgage applications

The partnership integrates Indecomm’s automated income calculation technology, IncomeGenius, into the Roostify Beyond platform to analyze income of self-employed borrowers. Continue reading →

Homebuyers are beginning to seek smaller mortgages as rates rise

By | | Uncategorized
Comments Off on Homebuyers are beginning to seek smaller mortgages as rates rise

As demand picks up for government loans favored by entry-level buyers, the average purchase mortgage request has shrunk by 10 percent, to $413,500. Continue reading →

What’s your top tip for luxury agents in today’s market? Pulse

By | | Uncategorized
Comments Off on What’s your top tip for luxury agents in today’s market? Pulse

This week, we want to know: How have the past couple of years redefined the luxury market and changed what it takes to be a luxury agent? Continue reading →