A&D Mortgage closes acquisition of Mr. Cooper’s 3rd-party channel
Deal gives the nation's biggest provider of riskier "non-QM" mortgages additional capacity to offer more traditional loans backed by Fannie and Freddie, FHA, VA and USDA.
Alexanders fire back against Side in counterclaim
The brothers have filed a counterclaim against the white-label firm, alleging that it manufactured events surrounding their disassociation from Side. They have also filed an opposition to Side's motion for contempt against them.
Bay Area, NYC buyers drive bidding wars as market shifts loom
A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide.
Compass acquisition offers a glimpse into @properties’ finances
Following its acquisition of Chicago's largest brokerage in January, Compass on Friday pulled back the curtain on @properties’ financial health over 12 months prior to the headline-grabbing merger.
Grant program incentivizes teardowns of old mobile homes
FHLB Cincinnati's Hundred Homes Initiative's $50,000 grants can be used for a down payment or closing costs on a newer home in Ohio, Kentucky or Tennessee, and pay for the disposal of vacated mobile homes
Agents can help sellers unlock value with renovation ROI: Revive
Revive has used its findings in the presale renovation space to produce an extensive white paper that dedicates its pages to proving the value of updating a home before selling it.
Rocket’s appetite for growth could ding corporate debt rating
Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion.
Agents feel joy, rage, confusion over Clear Cooperation ruling
Some respondents to Inman's Pulse survey seemed furious about the determination, while others were pleased, especially at the fact that CCP had been preserved. Still, multiple respondents simply expressed confusion over the new policy.
How and when to say ‘no’ as a new real estate agent
Coach Verl Workman writes that setting healthy boundaries, including saying "no" when needed, provides a more balanced life and fulfilling career in real estate.