Fintech software and hardware provider Mortgage Automation Technologies is launching The BIG Agent, a transaction management platform for real estate brokers and agents. In an announcement on Friday, Mortgage Automation Technologies said the platform is being launched from the same loan origination system solutions that facilitated the implementation of the…
Continue reading →Two lenders based in New Jersey have struck an M&A deal. OceanFirst Bank N.A. is acquiring Garden State Home Loans Inc., which will become a new division for the regional depositary bank, HousingWire has learned. Garden State’s president and CEO, Justin DeJoseph, emailed employees on July 25 to announce the…
Continue reading →Job creation continued to slow in July as unemployment spiked, which economists say is good news for the Federal Reserve and the housing industry. Data from the U.S. Bureau of Labor Statistics released on Friday shows that total nonfarm payroll rose by 114,000 jobs in July, below analysts’ expectations, and well below the average of…
Continue reading →The federal government’s effort to address appraisal bias has stalled and needs a jump start. The Biden administration chose June 1, 2021, the historic 100th anniversary of the Tulsa race massacre, to announce the Property Appraisal and Valuation Equity (PAVE) task force making a historic commitment on a somber anniversary. Now, more than…
Continue reading →With just over two weeks to go until the National Association of Realtors’ (NAR) commission lawsuit settlement agreement will require agents to have a signed buyer representation agreement prior to taking a client on a home tour, Zillow has released 24 state-specific versions of the touring agreement it released roughly three months…
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