Wells Fargo warns it will cut costs as mortgage lending continues to slide

Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices. Continue reading

Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

Rocket Mortgage is targeting homebuyers more aggressively in marketing campaigns designed to bring consumers directly to its website. Continue reading

Builder confidence drops to lowest level in more than a year

Nationwide builder sentiment fell by 5 points to 75 in August, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Continue reading

First American providing same-day title decisions on eligible mortgage refis, home equity loans

Taking a page from the playbook of a fintech upstart, the nation’s largest title insurance underwriter is making an automated title decision engine available to title agents. Continue reading

What agents should know about working with institutional investors

Formerly a commercial real estate agent, Dan Noma, Jr. has focused his work on institutional investors for more than a decade. Here, he shares what he’s learned and why agents should consider this sector of the industry. Continue reading

How agents can nab new inventory as moratoriums expire

It’s unclear exactly how many properties will be freed up after federal eviction and foreclosure moratoriums expire at the end of July. But whichever way it goes, agents will want to be prepared. Continue reading

Digital closing firm Doma sees agents as key area for growth

Doma, which plans to go public this month on the strength of its digital title insurance, escrow and closing platform, is intent on growing its business with real estate agents. Continue reading

Police called to Home Depot to stop an exorcism in the lumber aisle

On Facebook, the Dickson City Police Department posted that the people who were attempting the exorcism were escorted out of the Home Depot. Continue reading