Real Estate Broker/Agency News

Foundation Title & Escrow merges with Paulus Title

Foundation Title & Escrow announced it is expanding its footprint in Alabama through its merger with Paula Title. This is the latest in a series of growth expenditures for Tennessee-based Foundation Title & Escrow. Previously, the company expanded its territory into Florida’s Emerald Coast area. As part of this merger,

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Offerpad expands services through homebuilder partner

iBuyer Offerpad has made its services available through Maronda Homes, a homebuilder in Pennsylvania, Florida, Ohio, Kentucky and Georgia. This is the first of the company’s strategic homebuilder partners to offer the services to new-construction customers, and they’re starting with the Florida market. As a partner in Offerpad’s Homebuilder Alliance

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Mortgage applications drop over holidays

Mortgage applications dropped 4.2% from two weeks prior, according to the latest report by the Mortgage Bankers Association. Mortgage rates continued 2020’s trend at historically low figures, with the 30-year fixed rate at 2.86% and the 15-year fixed rate at a survey low of 2.40%, according to Joel Kan, MBA’s

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FHFA announces 2021 plans to serve underserved areas

The Federal Housing Finance Agency published the 2021 plans for Fannie Mae and Freddie Mac to serve the most vulnerable communities through their Duty to Serve plans. While these plans normally encompass three years – and would need to lay out the plan for years 2021 to 2023 – due

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