“PennyMac Reconsiders 2021 Expansion: 300 New Jobs in North Carolina Put on Hold”
Pennymac has decided to abandon its proposed expansion in North Carolina, which would have added over 300 jobs, as a result of extended periods of high interest rates.
“Strategies for Expanding Your Real Estate Portfolio in 2024”
Developing a strategy for a portfolio doesn’t need to be arduous; it merely requires some thoughtful consideration and time. Let me share how I’m broadening my portfolio this year.
“Guild Mortgage Seeks Judicial Confirmation for $10.7M Award in Employee Poaching Case”
The granting of the award emerged from a contentious arbitration conflict involving three former Guild staff members. They were alleged to have engaged in unfair recruitment practices when they made the move to CrossCountry.
“Exploring the New Developments in the Sitzer-Burnett Commission Suit: NAR’s Request for a New Trial Unveiled”
NAR, along with Keller Williams and HomeServices, sought legal judgement and a retrial in the lawsuit involving Sitzer/Burnett.
“Enhancing Mortgage Lending: AutomatiQ Borrower from CoreLogic Streamlines Verification and Decision Analysis”
The process of underwriting a borrower is largely dominated by income underwriting, accounting for approximately 80% of the overall effort and intricacy required. The analysis instrument named “AutomatIQ Borrower Income” has been created to apply to a broad range of borrowers.
“Mastering Personalized Gift-Giving in the Real Estate Industry”
By transforming conventional strategies associated with branded products and leveraging the potential of individualized touches, agents are able to craft an unforgettable and positive experience that resonates long after the finalization of a deal.
“Rekindling the Market: A Surge in Mortgage Demand – Insights from the MBA Study”
Despite the initial increase in mortgage rates in early 2024, there was a notable rise in mortgage requirements following adjustment for the holiday period.
“Improving HUD: A Comprehensive Analysis of 35 Key Recommendations by the Watchdog”
In a recent report presented to the secretary, the Office of Inspector General for the Department of Housing and Urban Development (HUD OIG) highlighted 35 major challenges that the department needs to tackle within this year.
“Invitation Homes Settles California Rent Gouging Case with $3.7 Million Payment”
Invitation Homes, recognized as the largest landlord of individual family rentals across the country, has successfully negotiated a resolution to allegations claiming they breached rent overcharging regulations in California.
“Introducing Blue Sage Solutions’ Innovative Digital Servicing Platform for Mortgage Lenders”
Blue Sage Solutions, a firm specializing in software development, has introduced an innovative servicing platform. This novel platform effectively combines loan initiation and servicing activities via the use of technology based on APIs.
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