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- Mortgage applications tick up as interest rates ease: MBA May 8, 2024Mortgage demand rose by 2.6% last week as interest rates decreased following the news of a slowing job market.
- Newrez cuts jobs after concluding Computershare acquisition May 8, 2024Newrez informed Florida and Colorado authorities of layoffs that will impact 123 employees beginning in July
- Time is ticking for the VA to change broker payment rules May 8, 2024Real estate professionals are voicing their concerns about the impact of agent commission changes on VA borrowers.
- Why agents should personalize marketing May 8, 2024The more directly you speak to prospective or current clients—and the more time you put into understanding their wants and needs—the greater impact your marketing efforts will have.
- Redfin’s losses grow amid difficult market conditions May 7, 2024Redfin showcased pockets of growth in Q1 2024 despite challenging market conditions, but its overall losses grew to $66.8 million.
- ADU options set to expand in California May 7, 2024Housing startup BOXABL is now approved to sell a factory-built accessory dwelling unit in California, which could increase the supply of affordable homes.
- Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38M May 7, 2024President and CEO Frank Martell said the company restored operations relatively quickly after the cyber incident, but it brought with it lost revenue and additional expenses.
- Carrington names new vice president of TPO marketing May 7, 2024Carrington Mortgage Services hired Steven Winokur to serve as vice president of marketing for third-party originations.
- Annual home price gains reach 5.3% in March: CoreLogic May 7, 2024U.S. single-family home prices continued their upward trajectory in March, marking the 146th consecutive month of annualized gains.
- FOA records loss in Q1 but remains confident about improving profitability May 7, 2024The company recorded a loss in Q1 2024 but remains bullish on its outlook after completing its AAG consolidation and an impending rebrand.