The founder and chairman of Quicken Loans, now the largest mortgage company in the U.S., revealed that he does not consider himself to be “in the mortgage business.” Dan Gilbert, who in 1985 founded what would grow to become the Quicken Loans of today, presented at the Mortgage Bankers Association conference in Detroit with Vice Chairman Bill […]
OfferPad says it was not given any advance warning from Zillow ahead of Zillow’s move to expand Instant Offers by becoming an investor/homebuyer and seller in its own right. Source: click here
When your state’s sunny weather and waterfront homes are a magnet for international buyers, why not encourage cross-border cooperation between Realtors? That’s exactly what trade groups Florida Realtors and the Canadian Real Estate Association and have set out to do. The two groups signed a memorandum of understanding last week to develop “a mutually beneficial […]
In April, rents increased month-over-month in 81 percent of the nation’s 100 largest metropolitan statistical markets (MSAs), and that number jumps to 89 percent when looking at year-over-year trends. When home and rental prices are all on the rise, it’s easy for buyers and renters to be lured into scams with hopes of saving a […]
The Fed has been oh-so-gradually pushing up on the cost of money, an overnight rate, but only this week has that up-pushing (from “underneath” as traders would say) moved long-term rates, specifically the 10-year T-note, which defines mortgages and a lot else. Source: click here
Sunday, April 22 is Earth Day — a time to appreciate this beautiful planet and raise awareness about the ways we can protect and make it better it for generations to come. As it turns out, when it comes to real estate, upgrading a home to be more sustainable and earth-friendly isn’t just good for […]
Manhattan brokerage Town Residential is eliminating its sales and leasing operations to concentrate on international and new development, a spokesperson for the firm confirmed on Friday. The move will force more than 400 agents to find a new home. Source: click here
In October 2017, wildfires ravaged at least 245,000 acres of land in Northern California, which caused California Governor Jerry Brown to declare a state of emergency as thousands of residents flocked to other parts of the state to escape the flames. While the outpour of support from many individuals and companies was overwhelming, the California […]
Federal regulators on Friday hit banking giant Wells Fargo with a $1 billion fine for violations involving home mortgages and auto insurance. Source: click here
During our session, we spoke at length about disaster preparedness, stranded assets, rising home insurance rates, and the promise of new home technology — to each other. Out of the 150+ industry leaders who attended Disconnect, ours were the only two voices. Source: click here
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