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April stats show first year-to-year decline in Yakima County since December 2019 | Business

BrokerOwner.net May 18, 2022

Statistics released this week by local real estate analyst Kristi … “It’s been quite a while,” Wilbert said of the decrease in home sales.

Normalcy Slowly Returning to the Housing Market, According to First American Potential …

BrokerOwner.net May 18, 2022

“In fact, the market potential for existing-home sales remains 4.2 percent higher than April 2019.” “Mortgage rates increased significantly in April,” …

Eccentric Detroit developer’s estate selling portfolio to fund foundation

BrokerOwner.net May 18, 2022

Landy’s estate is listing almost all of his real estate portfolio, primarily in a couple-block stretch of what once was notoriously known as the …

1 Explosive Real Estate Stock That Just Grew Sales by 384% | The Motley Fool

BrokerOwner.net May 18, 2022

Interest rates are rising, but this company still delivered blockbuster results in the first quarter of 2022. The U.S. real estate market is at a …

Newmark lists 4,248 acres near Lincoln for sale – Sacramento Business Journal

BrokerOwner.net May 18, 2022

More than 4200 acres of mostly undeveloped property northeast of Lincoln is for sale, with as much variety in geography as in potential future …

Mortgage apps decline 11% amid economic uncertainty

BrokerOwner.net May 18, 2022

Individuals across the country put the American dream of homeownership on standby for the week ending May 13, reducing mortgage application volume by 11% compared to the prior week, as measured by the Mortgage Bankers Association‘s (MBA’s) Market Composite Index. “Mortgage applications decreased for the first time in three weeks, as

FirstClose secures $35 million investment from Lateral

BrokerOwner.net May 17, 2022

Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000. The fintech firm currently provides underwriting workflow automation technology, point-of-sale software, and data services for

Narrow Gauge Capital acquires Inco-Check

BrokerOwner.net May 17, 2022

Private equity firm Narrow Gauge Capital (NGC) acquired Inco-Check, LLC, a provider of quality control audit mortgage software and fraud prevention services. Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. With NGC’s acquisition of Inco-Check, the company aims to

Orchard provides cash offers for first-time homebuyers

BrokerOwner.net May 17, 2022

Orchard, which operates a home-buying and selling platform, wants to expand its customer base of first-time homebuyers by helping them to make a cash-backed offer. Buy with Orchard is the firm’s first product targeted to first-time buyers that provides home shoppers with the cash needed to compete with equity-rich homeowners

FHA Commissioner Julia Gordon gets to work

BrokerOwner.net May 17, 2022

Julia Gordon made a habit of stopping by Ed Golding’s office when he ran the agency that she now leads. During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development’s principal deputy assistant secretary from 2015 to 2017. Gordon already possessed

Increase in mobile, online home purchases fuel mortgage-related fraud

BrokerOwner.net May 17, 2022

The rise in mortgage-related fraud over the past three years was largely due to a surge in online and mobile-only mortgage transactions. The pandemic and growing mobile channel fueled the number of fraud cases with application fraud being a key entrant point for fraudsters, a new report analyzing fraud trends