Industry News

Although the impact of the COVID-19 pandemic on the real estate industry has been well-documented within the United States, it’d be prudent to know how the global event impacted other countries as well. 

First American Financial Corporation's Potential Home Sales Model for October 2021 reported that potential existing-home sales increased 0.1% month-over-month to 6.27 million, with household formation continuing to grow, largely driven by millennials.

Guaranteed Rate named Dr. Ramesh Sarukkai as the company’s new chief product and technology officer.

The lawsuit alleged that misstatements and omissions by Zillow executives drove up share prices that later plummeted when Zillow had to shut down operations. 

WFG National Title Insurance Company added Debbie Youens as South Texas regional escrow manager and Gregg Harris as South Texas regional sales manager.

Fitch Ratings is expected to rate COLT 2021-5 Mortgage Loan Trust's residential mortgage-backed certificates.

With only 10.01% down, borrowers and first-time-buyers don't have to pay for mortgage insurance.

Homebuyers' confidence in the housing market may be shifting in a negative direction, that is according to OJO Labs.

This year's surge in house hunting has driven property insurance shopping to new heights, pushing it past automobile insurance shopping in Q3 2021.

Due to the far-reaching impact of the COVID-19 pandemic, Ginnie Mae hereby permits the use of eSignatures and RON for loan modification agreements.