Industry News

The Urban Institute recently published a study on why there are so few people purchasing affordable properties at auction, with financing being among the barriers reported.

Promotes President Kenneth DeGiorgio to CEO as CEO Dennis Gilmore becomes chairman.

Curbio will become the enabling force behind Better Real Estate's pre-listing preparation offerings in four markets: Atlanta, Austin, Dallas, and Houston.

Founder Daniel Gilbert accused of using non-public information to sell $500M in shares; company denies the allegations.

Incenter LLC is partnering with with The National Association of Minority Mortgage Bankers of America (NAMMBA) in hopes to bring more women and minorities into the mortgage industry.

American Financial Resources, Inc. began the rollout of its new Non-QM Bank Statement Qualifying Loan.

SitusAMC named Jeff Osheka as the company's director, head of residential technology sales.

Integration with Fannie Mae Connect Whole Loan Purchase Advice Seller API will expedite processing and reconciliation of purchased loan data for mortgage bankers.

Carrington Mortgage Services introduced its ProcessIQ product that was developed to assist brokers in moving complicated and time-sensitive loans through their pipeline more efficiently.

UWM filed a lawsuit against America’s MoneyLine, alleging that the high-volume California-based brokerage owes UWM $2.8 million after repeatedly violating the “All-In” Initiative.