Real Estate Broker/Agency News

Inside the Walmart, Lenders One mortgage deal

On Monday, the cooperative announced that it has struck a deal to lease space in Walmart stores to sell purchase mortgages, refinances, and home equity loans. Lenders One did not disclose the financial terms of the contract. This is not the first deal amongst mortgage lenders and big-box retailers: Costco

Read more

Room for everyone on the crypto real estate bandwagon?

In a brightly lit men’s restroom Friday afternoon, adjacent to where the inaugural Crypto & Real Estate Summit was convening, one conference attendee asked another, “Are you a real estate agent?” “Yep, and you?” “Yes.” “What do you think of all this?” “I’m not quite sure how it works with

Read more

Impac Mortgage Holdings increasingly bets on non-QM

Despite significant market volatility, nonbank lender Impac Mortgage Holdings appears to be long on non-QM. The California-based company reported non-QM originations of $382.1 million in the fourth quarter, roughly double that of the third quarter, and positioned the company for an annualized run rate of approximately $1.5 billion. In total,

Read more