Ever since real estate franchising powerhouse RE/MAX decided to apply the company’s expertise to the provision of home loans, its Motto Mortgage business has been capitalizing on its status as the only national franchisor in the mortgage broker channel. Continue reading
Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading
Across the country, 4.7 percent of mortgages were in some form of delinquency — a number that remained stable from the previous month. Continue reading
Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to borrowers and give them a chance to apply for assistance, such as a loan modific… Continue reading
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading
After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading
Most Americans don’t think prices will be higher in 12 months, but that mortgage rates will rise, according to a new Fannie Mae survey. Continue reading
Falling mortgage rates have fueled boom in refinancing, but demand for purchase loans has slipped, according to data from Black Knight. Continue reading
Networking group provided video marketing of listings, bus caravans to promote listings, investigators allege. Continue reading
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading