Up next for the markets: February 14 – Chase Bank
Homebuilder sentiment, existing home sales and retail sales are all on tap, providing a sneak peek into how consumers feel about their bank …
Homebuilder sentiment, existing home sales and retail sales are all on tap, providing a sneak peek into how consumers feel about their bank …
Karl Behrens and Tyler Kellerman represented both the seller, Cedar Creek Investments LLC, as well as the buyer, P & A Realty, in the sale of …
Forecasts take on a new meaning this year as we enter our second year of economic forecasting in a COVID-19 world. This 2022 forecast event brought together some of the top economists and researchers in the housing space, equipping attendees with the insights and data they need to navigate the
Back in August, Christian Wallace spoke effusively about her future at Better.com. The digital lender generated so much money through mortgage refinancing that it bankrolled a formidable real estate division. And Wallace, a former Sotheby’s agent and Opendoor manager, was charged with ensuring the division blossomed. But on Thursday, Wallace
When Zillow stunned the housing world last November by announcing a wind down of its iBuying program – and beginning the process of laying off a quarter of its workforce – the question became what’s next. Suspense built as Zillow has kept a low profile since. On Thursday, we got
Just like other “Big Four” member Old Republic last week, First American Financial announced record breaking earnings during its fourth quarter earnings call on Thursday. The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 billion, with $2.4 billion earned during the fourth quarter.
Reverse mortgage software solutions and loan origination system (LOS) provider ReverseVision announced on Thursday morning that it has been acquired by a division of Toronto-based Constellation Software, a holding company that bought another mortgage LOS in 2019. Staff at San Diego-based ReverseVision was informed of the sale this morning. Terms
If you’re a mortgage loan officer with a decade of experience in the industry, you have likely spent over 80 hours taking continuing education courses. Per regulations put into place by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) and enforced by the Nationwide Mortgage
Freddie Mac reported a net income of $12.1 billion for 2021, a 65% increase from 2020. The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. Freddie Mac’s
It is no secret that 2021 posed a variety of challenges for the title insurance industry. High demand for housing coupled with low mortgage rates led to an increase in both purchase and refinance transactions, pushing many firms to expand their capacity. Stewart Information Services Corporation was no exception. “2020
Mill Valley, California-based Redwood Trust Inc. (NYSE: RWT) on Wednesday reported fourth-quarter 2021 net income of $44 million, or $0.34 per diluted share, matching the Zacks consensus EPS estimate for the quarter. The earnings were off the company’s fourth-quarter 2020 mark of $54.3 million and down from third-quarter 2021 earnings of $88.3 million. Still, the
Powering Real Estate Businesses with Property Data and Analytics Solutions … Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate …