In a new SEC filing, the mortgage lender points to actions by CEO Vishal Garg as reasons that areas of company culture ‘require improvement.’ Steep losses are expected in Q4
Only 31% of U.S. households can afford to buy a newly built home, down from 40% a year ago
A company spokesperson confirmed that 119 of Homie's 414 employees were laid off on Friday due to a 'changing real estate market'
Bond market investors, not Fed policymakers, exert the strongest immediate pull on markets that drive mortgage rate trends
'Overall customer satisfaction with primary mortgage originators has dropped 5 points (on a 1,000-point scale) this year, driven largely by declines in satisfaction with the refinancing process,' JD Power
FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data
Cloud-based real estate brokerage makes third acquisition in last 8 months
The number of homes with foreclosure filings rose 29% in January as lenders took advantage of expiring federal restrictions, according to new data from Attom Data Solutions
As home prices soar, institutional investors warm to the idea of taking an equity stake in single family homes
If mortgage rates rise to 3.9% by the end of 2022, homes valued above $383,000 would fall out of reach for the typical American couple on a $2K monthly mortgage budget, according to Redfin
With inventory remaining tight for entry-level buyers, the average loan request hit another record high of $446,000
Flat-fee, end-to-end real estate brokerage Houwzer is launching cash offer and buy before you sell services in six markets
Better employees reportedly 'leaving the company in droves' following the return of CEO Vishal Garg
Affordability and supply constraints seen as limiting opportunities, particularly for younger buyers
Nearly 1 in 4 people planning to buy a home in the next 12 months set aside stimulus money for the transaction, a Redfin survey shows
Jamaica hopes to send an ice hockey team to compete at a future winter games — with support from what might seem like an unlikely Arizona-based real estate backer