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Compass has nabbed a pair of top agents to add to its teams in Florida and Colorado. Bonnie Heatzig is coming over from Douglas Elliman, bringing her extensive knowledge to the Boca Raton, Florida-based team at Compass. She has more than 20 years of experience in luxury real estate, selling…
Continue reading →Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday that it has decided to waive the $795 origination fee charged to broker partners on home equity loans. “When you think about what home equity looks like or represents across the country, there’s a record-breaking home equity, with homeowners…
Continue reading →Loan originators in today’s mortgage market have weathered significant challenges. They’ve endured a major drop in volume, a rapid rise in rates, and uncertainty surrounding realtor commission settlements and their impact on referral partners. If you are still in the game, you’re already demonstrating resilience and adaptability. Now, it’s time…
Continue reading →Over the last five years, I have been fortunate enough to publish several articles on Artificial Intelligence (AI), typically with a heretical tone. No one can deny that AI is powerful and that AI when applied deeply to verticals and scenarios will be a major factor in the transformation of business. On…
Continue reading →In 2023, following the collapse of Silicon Valley Bank, the spreads between the 30-year mortgage and 10-year yield were at their worst, leading to new cycle highs. This meant mortgage rates were significantly higher than average. However, this year, we’re seeing a different trend with the spreads: they’re improving, and mortgage…
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