Partner Real Estate is on the rise — and making its presence felt. The Los Angeles-based independent brokerage achieved its best-ever placement in the 2025 RealTrends rankings, coming in at No. 13 among mega teams by closed sales volume. For Rudy Kusuma, CEO of the team, the distinction represents more than just a number. “We […]
Partner Real Estate soars to new heights among mega teams Read More »
As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the
Nevada senator criticizes Republican federal lands proposal Read More »
Executives at independent mortgage banks saw their average annual compensation remain largely flat in 2024 compared to the previous year, according to filings with the Securities and Exchange Commission. Some IMB leaders saw their pay rise or dip slightly due to stock awards received in 2024 — or a lack of them compared to 2023.
Here’s how much executives at public IMBs made in 2024 Read More »
Mortgage rates being offered today are only a hair lower for the average lender than they were on June 4th, but June 4th was the best day since early May. In other words, today’s average rate is the lowest in just over a month. This didn’t happen by chance. The underlying bond market has been
Lowest Mortgage Rates in More Than a Month Read More »
United Wholesale Mortgage is bringing back a conventional purchase mortgage in which the borrower only has to come up with a 1% down payment. A previous version of the product was last offered in May 2024. With this iteration, the mortgage is available up to the conforming loan limit for buyers at or below 80%
UWM brings back 1% down conventional mortgage Read More »
Chimera Investment Corp., a New York-based real estate investment trust, announced plans to buy non-QM lender HomeXpress Mortgage in a cash-and-stock deal worth over $120 million Thursday. The deal, expected to close in the fourth quarter of 2025, includes a $120 million cash payment for the Santa Ana, California-based company, plus more than 2 million
REIT buys HomeXpress in cash-and-stock deal worth over $120M Read More »
Mortgage rates continued to operate in the same low 6.8% range they have been in for most of the past two months since a 21 basis point spike in mid-April, according to Freddie Mac. The 30-year fixed rate mortgage declined 1 basis point as of June 12 from one week prior, to 6.84%, the Freddie
Mortgage rates move lower for second week Read More »
Figure Technology Solutions has announced a blockchain-based home-equity line of credit securitization that it says is the first to receive a AAA rating from a major rating agency, broadening its investor base. Standard & Poor’s ratings for the $355 million, six-tranche deal, FIGRE 2025-HE3, range from a top AAA to B-minus, which is a low-end
Figure HELOC securitization breaks new ground in ratings Read More »
When your house doesn’t sell, it doesn’t just feel frustrating – it feels personal. You put time, money, and emotional energy into this move. You told your friends and family it was happening. And now that your listing has expired without a buyer? You’re left feeling stuck, and maybe even a little embarrassed. And here’s
Your House Didn’t Sell. Here’s What To Do Now. Read More »
Century 21 Myers Realty has merged with PAL Realty, a Leesburg, Florida-based firm that specializes in serving 55-plus active adult communities. The merger expands the reach of Century 21 Myers Realty to seven offices and brings its agent count to approximately 160. PAL Realty, founded in 2006 by broker June Robbins, will now operate under
Century 21 merger expands central Florida presence Read More »