by Jesse Williams | May 6, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The Federal Reserve is proposing changes to a landmark fair housing law—the Community Reinvestment Act, or CRA—attempting to “strengthen and modernize” regulations around how big banks and lenders serve low income neighborhoods and predominantly non-white communities....
by Jesse Williams | May 6, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The first three months of 2022 proved fortuitous for two of iBuying’s most prominent players, Opendoor and Offerpad, as both companies capped the first quarter with milestone performances. The most noteworthy news came out of Opendoor’s camp as the...
by Jesse Williams | May 6, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The upward trajectory of U.S. job growth held firm in April, but the latest report from the U.S. Bureau of Labor Statistics (BLS), shows that labor market expansion has slowed slightly. Based on Friday’s BLS data, employers added 428,000 jobs in April—a slight...
by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Up-and-coming tech-focused brokerage Fathom is still red hot after reporting huge revenue growth in its Q1 earnings report on Wednesday, crushing projections by almost 15% at $90.1 million while continuing to add agents and build market share. With over 9,000 agents...
by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 5.27% this week, marking another increase from last week’s average of 5.10%, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key findings: 30-year fixed-rate mortgage averaged...
by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
As the mortgage industry undergoes significant changes, a massive shakeup is on the horizon as software and analytics company, Black Knight, Inc., is slated for new ownership. Intercontinental Exchange Inc. (ICE), a global provider of data, technology and market...