Teams Spotlight: Angela Mayfield, Team Mayfield at BHGRE Central

Find out how this West Virginia team leader creates exceptional outcomes for her team and the clients they serve. Continue reading

UWM brings back 1% down conventional mortgage program

Nation’s largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer’s down payment when financing a purchase backed by Fannie Mae or Freddie Mac. Continue reading

WeWork is profitable again after working through its bankruptcy

The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday. Continue reading

Rising inventories have more homebuyers going to their lender

Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the Mortgage Bankers Association reported Wednesday. Continue reading

Jon Grauman and Adam Rosenfeld launch Resident Group at Side

The duo previously led the Grauman Rosenfeld Group at The Agency and have collectively closed more than $3 billion in career sales. The new firm will be focused on client service, they said. Continue reading

NYC broker fee bill goes into effect despite REBNY lawsuit

New York City’s broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill’s enforcement but failed. Continue reading

Fairway Independent Mortgage buys itself a new Midwest division

Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway as a division manager. Continue reading

3rd indictment adds new charge against Alexander brothers

The new allegation of aggravated sexual abuse by force, threat or intoxicant against Oren and Alon brings the total number of counts against the brothers collectively up to 10. Continue reading

May CPI misses projections even as tariff effects hold off

Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump’s latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday. Continue reading

CFPB enforcement chief resigns, saying mission ‘under attack’

The Trump administration is seeking to cut 90 percent of the CFPB’s workforce, and has dismissesd about 20 active enforcement cases and moved to vacate or weaken several finalized settlements. Continue reading