EXp CEO: We’re aiming for 250K agents in US — but growth is slowing

Despite ambitious goals, the virtual brokerage eXp Realty is seeing its growth slow amid a lagging market — and the company is unlikely to hit a target Sanford set earlier this year. Continue reading

Mortgage tech provider Lender Price partners with NEXA Mortgage

The deal is the second Lender Price has announced this week to provide broader access to its marketplace product, pricing and eligibility engine. Continue reading

For the first time, Fannie Mae now expects home prices to fall next year

Economists at Fannie Mae project national home prices to decline by 1.5 percent and home sales by 21 percent in 2023 as Fed continues inflation fight. Continue reading

Constellation Mortgage Solutions partners with Lender Price

Integration of Lender Price product and pricing engine enables CMS clients to source, price and lock mortgage loans in real time. Continue reading

Coming soon to a Walmart near you: Mortgages, FHA loans and more

Lenders One member opens the alliance’s first mortgage branch in a New Jersey Walmart, with more openings slated for Florida, California, Ohio, South Carolina and Texas. Continue reading

Tech-enhanced title provider Flueid announces $15M Series B raise

Series A investor Aquiline Technology Growth led the latest funding round following the closure of a new $365 million fund, Aquiline Technology Growth Fund II, back in May. Continue reading

More homebuyers think prices will go down in the next year than up

Survey shows homebuyer sentiment falling for the seventh month in a row as high home prices and mortgage rates weigh on affordability, according to Fannie Mae’s latest National Housing Survey. Continue reading

Finance of America exiting wholesale, correspondent lending

The Irving, Texas-based lender is also reportedly in negotiations to sell its retail mortgage division, which employs about 1,000 loan originators nationwide. Continue reading

What our Peloton obsession has in common with the US housing boom

Like the rise and fall of Peloton, which announced 500 layoffs Thursday, America’s geographic reshuffling has ended with high interest rates further squelching demand, Brad Inman writes. Continue reading