Old Republic is set to acquire a major insurer of small farm owners and select commercial agricultural operations. The specialty insurer bought Everett Cash Mutual Insurance Co. and affiliated companies for an undisclosed number, following its conversion to a stock company in a sponsored demutualization transaction. “With ECM’s ‘narrow and deep’ expertise in the farm […]
Old Republic to acquire major farm owners insurer Read More »
Limited economic data has economists expecting the Federal Reserve to maintain its rate-cutting posture, but other factors might be having a greater effect on mortgage lending, with the 30-year fixed rate mortgage interest rate average now at a 2025 low. Even with the relatively flat movement of yields, which often sway the direction of mortgage
Mortgage rates fall to lowest mark in over a year Read More »
Scroll through your feed and you’ll see plenty of finger-pointing about why homes cost so much. And according to a national survey, a lot of people believe big investors are to blame. Even though data shows that’s not true, nearly half of Americans surveyed (48%) think investors are the top reason housing feels so expensive
The Reason Homes Feel Like They Cost So Much (It’s Not What You Think) Read More »
The Casa Team by Chiqui Delgado and Edgar Marquez at Douglas Elliman is expanding its operations from New York City to Miami. The real estate team brings more than two decades of combined experience in sales, media, design and law. “Chiqui and Edgar bring an exceptional combination of sales expertise, legal insight, media influence and
The Casa Team expands Douglas Elliman operations to Miami Read More »
NEO Home Loans, powered by Better, said Thursday that Bri Lees has been appointed as its head of marketing, a move aimed at strengthening the connection between its adviser-led model and Better’s digital platform. Lees will oversee NEO’s brand, communications and marketing growth strategy, developing systems that align the company’s operations, presence and scalability. “NEO
Bri Lees joins NEO Home Loans as head of marketing Read More »
After falling slightly in August, existing home sales were back on the rise in September, according to data released Thursday by the National Association of Realtors (NAR). Month-over-month, the paces of existing home sales rose 1.5% in September to a seasonally adjusted annual pace of 4.06 million. This represents a 4.1% annual increase. “As anticipated,
Existing-home inventory up 14% from a year ago Read More »
Federal Housing Finance Agency (FHFA) Director Bill Pulte said on social media Wednesday that his agency is reviewing the loan-level price adjustment (LLPA) matrix — the fees charged on conventional loans to account for risk. Pulte said the review is being led by Barry Habib, the founder and CEO of MBS Highway and a well-known
Pulte says LLPA fees under review, signals relief for borrowers Read More »
Veronica Figueroa, the leader and founder of the eXp Realty-brokered The Fig Team, has been dismissed from the recruiting lawsuit involving Keller Williams agents in Waterford Lakes, Oviedo and Lake Nona, Florida. The claims against Figueroa were voluntarily dismissed from the suit earlier this month by the three Keller Williams franchisee plaintiffs, which include Keller
Realtor Veronica Figueroa dismissed from recruiting lawsuit Read More »
I’ve been involved in federal housing policy for more than 50 years, beginning my career at the U.S. Department of Housing and Urban Development (HUD) in the 1970s and later serving on the staff of the U.S. House Committee on Banking, Finance and Urban Affairs — now the Financial Services Committee — from 1983 to
It’s time for a federal housing policy reset Read More »
Prior to starting his career in real estate Ravi Kantha was a criminal prosecutor and later a white collar criminal defense attorney. While Kantha says he enjoyed his work, he felt like something was missing. Ultimately, he said it was a conversation with his then soon-to-be father-in-law, who is an insurance broker, that inspired him
‘Relentless competitiveness’ is the key to this NYC real estate team’s success Read More »