Author: Michael Gersitz

Taken from the September issue of HousingWire Magazine, Arturo is an artificial intelligence property analytics company looking to improve decision making. The company launched in 2018 and has already expanded to the U.S., Canada, Australia and New Zealand, with expansion

Consumer confidence, a key measure in gauging whether people are willing to make big-ticket purchases like homes, surged the most in more than 17 years during September, surpassing the expectations of economists. The gauge rose to 101.8, the highest level

As the Fed pulls out all the stops to stimulate economic activity, mortgage rates have reached record lows. In light of rampant uncertainty and economic hardship, homeowners are leaping at the opportunity to save thousands in annual payments, and the

Urban District Realty, a Washington, D.C.-based brokerage, announced last week the launch of its custom real estate listing system, PROJETO. This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that

The recent new home sales data is at levels last seen in 2006, with monthly supply back down to the low levels seen the last time new home sales data was really strong. For the first time in more than

With the official passage of the California Consumer Protection law on Friday, California’s Department of Business Oversight will be renamed the California Department of Financial Protection and Innovation and given expanded powers. The state legislature says the move will increase

A year ago, Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mark Calabria released the Trump administration’s so-called blueprint to re-privatize mortgage giants Fannie Mae and Freddie Mac with the biggest stock offering in history. Calabria has stuck

Cannae Holdings and Senator Investment Group sent a letter to CoreLogic shareholders on Friday urging them to vote for nine new board members to support their unsolicited buyout bid. “One need look no further than the 40+% rise in the

A year ago, long before anyone talked about a coronavirus, Rocket Companies‘ stock performance, or the curious acronym S-P-A-C, Mat Ishbia had set his plan in motion. Ishbia’s company, United Wholesale Mortgage, had by that point climbed the ranks to

Fidelity National Financial, a provider of title insurance and settlement services to the real estate and mortgage industries, is working to prevent wire fraud in today’s growing digital environment. Mortgage demand remains at a record high, and much of the country’s

Fintech company Sagent announced it hired veteran technology leader Uday Devalla as its new chief technology officer. Devalla brings a wealth of industry experience to his new position, leading engineering, digital transformation, information security, and regtech strategy in housing for

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. Select Network gives agents access

Federal Reserve Governor Lael Brainard, who started her public career in the 1990s as an economic advisor to President Bill Clinton, is the leading candidate for Treasury secretary if former Vice President Joe Biden usurps President Donald Trump in the

Just days after announcing that United Wholesale Mortgage would be going public in the fourth quarter at a $16.1 billion valuation, CEO Mat Ishbia today unveiled a new tech tool that he claims will bring “game-changing flexibility” to brokers. The

Home Point Financial announced on Friday the launch of its charitable community foundation with an initial pledge of $1 million dedicated to funding 50 new minority and female-owned brokerages. In the midst of the Association of Independent Mortgage Experts National