Author: Michael Gersitz

A new, invitation-only home listing platform hit the web last week. Forbes launched a luxury home listing platform which the company says will capitalize on its audience and “connect, inform, and inspire high-net-worth potential homebuyers and sellers” about properties for

LERETA has acquired the Flood Determinations Solution from Wolters Kluwer Governance, Risk and Compliance for an undisclosed sum, according to reports. Jim Micali, LERETA chief operating officer, said the acquisition will provide a seamless experience for customers. “LERETA and Wolters

The Lone Star State has long been attractive to businesses of all kinds. The combination of warm weather, lots of space to build and the lack of a state income tax has been drawing companies for years. But this year,

In a letter Monday to U.S. Treasury Secretary Steven Mnuchin, housing industry associations expressed their opposition to a swift end to conservatorship for Fannie Mae and Freddie Mac. The Mortgage Bankers Association, the American Bankers Association, the National Association of

Mortgage lender and servicer Homepoint – formerly known as Home Point Financial – recently launched a mobile app that is growing in popularity amongst its customers and mortgage broker partners. The app, a mobile extension of Homepoint’s online Home Ownership

Homebuyer, an Ohio-based software startup offering digital mortgages to first-time home buyers, announced on Monday it had snagged $1.4 million in a seed round from private investors. The company was founded in 2019 by Dan Green, under the mission to

The total number of loans in forbearance decreased from 5.54% to 5.48% as of Dec. 6, according to the Mortgage Bankers Association. Fannie Mae and Freddie Mac loans in forbearance decreased to 3.26% – an 8-point improvement. Ginnie Mae loans

Opendoor announced last week that it has expanded its iBuying services in Provo and Ogden, Utah; Rochester, Minnesota; Lakeland, Winter Haven, Sarasota, Deltona, and Ormond Beach, Florida; and Oxnard, Thousand Oaks, and Ventura, California. The iBuyer also said that homebuyers

Accessory dwelling units (ADUs) have increased in popularity exponentially since the 1950s and are considered by some industry experts to be one solution to the affordable housing crisis. Now, as remote working and virtual classrooms have become the “new normal”

Nexsys Technologies, a subsidiary of Rocket Companies, launched its Clear HOI platform for all mortgage lenders on Wednesday – a new product it says will cut homeowners’ insurance verification time to mere minutes. The platform will allow lenders to automate

The Federal Housing Finance Agency (FHFA) has released its annual report on single-family guarantee fees (g-fee) charged by Fannie Mae and Freddie Mac for 2019 to package home loans into securities that are sold to bond investor.. The two GSEs

What a crazy year we have all been through. Last year, I visited Japan, London, Puerto Rico, Oregon and Las Vegas twice. This year I had fewer visits than that to my local barber and I was ecstatic to be

With the onset of COVID-19, the already-siloed communication channels between mortgage lenders, real estate agents, title agents and underwriters became even more strained as standard methods of in-person communication were no longer an option for many. In addition to the

This week’s people mover announcements features another addition for Offerpad‘s executive team, with Steve Johnson stepping into the role of chief operating officer. The recent string of executive-level hires is part of a company focus to prepare for growth through