There’s only one month left until HW Annual kicks off on Oct. 3rd. As the conference quickly approaches, so does the deadline to lock in the exclusive room rate for the Fairmont Princess Resort in Scottsdale, Arizona. Take advantage of staying on the property and being close to all the
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Rocket Companies, the parent company of Rocket Mortgage, extended the second round of voluntary career transition offers to employees amid the company’s forecast of much lower origination volume in the third quarter. “We recognize career growth options in certain areas of our business are limited right now, while the housing
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Digital mortgage lender Better.com and blank-check firm Aurora Acquisition Corp. extended the deadline to conclude their merger agreement, but the companies have already started to discuss options in case the deal fails. In May 2021, Novator Capital-sponsored special purpose acquisition company Aurora announced plans to make Better.com public in the fourth quarter of 2021. The deal valued
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Inflation slowed more than expected in July, the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from last year. It seems as if every day there is
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A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city. A federal jury convicted Victor Makras, president of Makras Real Estate, for inflating a debt
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California-based Impac Mortgage Holdings received a notice on Friday from the NYSE American LLC requiring a plan to adjust its stockholders’ equity level amid consecutive financial losses. Otherwise, the mortgage lender will be subject to delisting proceedings, according to a Securities and Exchange Commission (SEC) filing. In the most challenging mortgage market in well over a
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In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind
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Nationwide Appraisal Network (NAN) was the top-ranking appraisal management company on the 2022 Inc 5000 list at No. 1427, with an average 451% in revenue growth from 2018 to 2021. We sat down with Steve Sussman, NAN’s chief business development officer, to find out how the company is growing so
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“There is a housing recession in terms of fewer home sales, lower housing starts, and declining mortgage lending, especially the collapse in …
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Until Jim Irsay puts his Zionsville mansion up for sale. Or Malcolm Brogdon sells his Fishers estate while he’s still with the Pacers. Real estate is …
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The average number of days it took for a home to go from listing to ratified sales contract was 20, unchanged from a year before and below the …
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The result is fewer home sales. Homes are also taking longer to sell: According to real estate brokerage Redfin (RDFN), 61.2% of homes for sale in …
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