News

‘All strapped in’: Luxury clients face whiplash as banking fallout unfolds

The sudden change in the global banking landscape has left luxury real estate clients hanging out “in the parking lot,” Kofi Nartey said, as they wait to see where the

Even after layoffs, 3 in 4 mortgage lenders lost money in Q4 2022

Lenders lost $2,812 per loan as business dropped off faster than they could trim expenses and production costs hit a record-high $12,450 per loan, a Mortgage Bankers Association survey found.  

New mortgage fee won’t debut until after spring homebuying season

Industry groups continue to object to a new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and consumers.  

Coldwell Banker latest brokerage to settle in wake of ‘Newsday’ exposé

Coldwell Banker agents subjected prospective homebuyers of color to different requirements than white homebuyers, according to the Office of the New York State Attorney General.  

As losses mount, Blend looks beyond mortgage for future growth

The San Francisco-based cloud banking software provider has trimmed the company’s payroll by 1,100 employees and cut annual expenses by $72 million.  

The 5 best outdoor smart-tech home upgrades

The days are getting longer, and many of us are looking forward to spending more time outside. Here are five favorite smart outdoor updates.  

Mauricio Umansky’s 6 tips for helping new agents navigate a shift

It’s not always possible to predict how the world — and therefore the market — will shift. What we can do is teach new agents how to navigate the changing

Real estate industry reacts to the SVB meltdown: The Real Word

This week, Byron Lazine and Nicole White discuss Brad Inman’s view on the Silicon Valley Bank collapse, Plunk’s impact on the real estate industry and Elon Musk’s future Texas fiefdom.  

Beagel’s custom offer management is more than it promises: Tech Review

Beagel aims to be a deeply integrated software partner leading with an in-browser open offer solution that allows buyers to bid on homes and agents to manage the process  

Real Matters hires new chief financial officer as revenue dwindles

Executives with the Canadian real estate tech company said its U.S. expansion plan and ambitious goals to grow its appraisal and title insurance market share are still in place.