Executives of Dark Matter Technologies talk automation, cost cutting in its Empower LOS; AI’s role in the origination process
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NAR, brokerages and 21 local Realtor associations accused on colluding to raise agent commission in new California commission suit.
Jim Butler talks about moving to digital, how the company is using AI and the vibe you get working with industry experts.
Mortgage rates declined to 6.6% this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines.
The single-family building boom is tapering a bit. Overall, an estimated 1.413 million units were started in 2023, a drop of 9.0% compared to 2022.
Scammers are more brazenly targeting older Americans claiming to be representatives of CFPB or another federal agency, the Bureau said.
Without enough cash to pay its existing Chapter 11 bankruptcy obligations, the administrator for RMF’s estate aims to convert to Chapter 7.
UWM aims to connect homebuyers with a local mortgage broker, provide available loan options through its rebranded website Mortgage Matchup.
GSEs buying more MBS and the Fed ending QT could be a fix — though one seems far more likely than the other.
Delayed closing that stemmed from the Dec. 20, 2023, cyber incident are expected to lead to weaker fourth quarter financials at First American.
Analysts view the forward curve and recent reductions in the mortgage rate as signs of life for a potential refi recovery.
New data on prices of materials and labor needed for homebuilding suggests supply constraints have eased, and homebuilders have a relatively clear path to keep cranking out units.