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- Mortgage rates ease as the labor market cools May 7, 2024Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report.
- Flagstar Bank makes changes to TPO leadership May 7, 2024Flagstar Bank has made changes to its third-party origination channel leadership, with Rich Hoffman stepping in to head up the division.
- Despite industry headwinds, Real believes it can continue growing agent count May 7, 2024Real executives discussed how the firm plans to continue attracting agents in a post-NAR-settlement world during firm's Q1 2024 earnings call.
- What a 15-year market share high means for the broker industry May 7, 2024Market volatility and rising rates have made borrowers more sensitive to the ever changing market, resulting in them becoming more informed on their options when choosing a lender and the benefits of working with an independent mortgage broker.
- San Francisco Realtors partner with AI startup Sidekick May 6, 2024The region’s 4,000 agents will have the ability to leverage Sidekick’s AI-powered real estate assistant
- AnnieMac Home Mortgage welcomes a new face to its executive team May 6, 2024New Jersey-based AnnieMac Home Mortgage appointed Ian Aubourg to the role of senior vice president of retail sales.
- NRMLA, MBA provide comments on HECM application, origination documents May 6, 2024The trade groups are seeking to give reverse mortgage lenders more time to transition away from long-used documents.
- Home price signals point to flat growth May 6, 2024Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding.
- After exiting wholesale, Fairway hires origination teams across the nation May 6, 2024The company added nearly 100 employees last month from Movement, Summit, Intercap and Norcom
- Warren Buffett: Real estate agent commission structure “has worked out very well” May 6, 2024"People do negotiate down commissions to some extent, but I can tell you, I’ve looked at the figures and I think the system has really worked out very well," Buffett told shareholders on Saturday.