Blog

UWM brings back 1% down conventional mortgage program
Jun 11, 2025
Nation's largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer's down payment when financing a purchase backed by Fannie Mae or Freddie Mac.
WeWork is profitable again after working through its bankruptcy
Jun 11, 2025
The coworking behemoth says it is on a path to profitability after spending a year negotiating with landlords to eliminate $4 billion in debt and begin to turn a profit, according to a new report on Tuesday.
Rising inventories have more homebuyers going to their lender
Jun 11, 2025
Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the Mortgage Bankers Association reported Wednesday.
Jon Grauman and Adam Rosenfeld launch Resident Group at Side
Jun 11, 2025
The duo previously led the Grauman Rosenfeld Group at The Agency and have collectively closed more than $3 billion in career sales. The new firm will be focused on client service, they said.
NYC broker fee bill goes into effect despite REBNY lawsuit
Jun 11, 2025
New York City's broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill's enforcement but failed.
Fairway Independent Mortgage buys itself a new Midwest division
Jun 11, 2025
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway as a division manager.
3rd indictment adds new charge against Alexander brothers
Jun 11, 2025
The new allegation of aggravated sexual abuse by force, threat or intoxicant against Oren and Alon brings the total number of counts against the brothers collectively up to 10.
May CPI misses projections even as tariff effects hold off
Jun 11, 2025
Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump's latest tariffs have yet to ripple through, the Bureau of Labor Statistics reported Wednesday.
CFPB enforcement chief resigns, saying mission ‘under attack’
Jun 11, 2025
The Trump administration is seeking to cut 90 percent of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements.
Most likely to succeed (or disrupt): Class photos from Real Estate High
Jun 11, 2025
Compliance expert Summer Goralik shares a fictional yearbook of “Real Estate High,” because sometimes the best way to understand the industry is to take it back to homeroom.