Origination

With home improvement spending up, more mortgage bankers are building out teams to capture the market.

Starwood Capital Group is acquiring 2,300 single-family rental homes from Pretium Partners, increasing its bet on U.S. suburban real estate.

While most agree texting is essential, are more traditional methods, like direct mail, still necessary post-COVID?

The company also let go of staff in its Chicago-area office, with one account estimating "hundreds of employees" lost their jobs there.

However, the median monthly expense associated with financing is still lower than that for a lease.

Sales of new U.S. homes edged up in October, reflecting stabilizing demand even as builders face supply-chain disruptions and buyers grapple with rising prices.

Purchase and refinance numbers both came in higher, while average loan sizes also recorded an uptick.

Mortgage lenders and real estate professionals share their perspectives on the cities predicted to draw the most interest from home buyers in the next year, according to the Urban Land Institute.

The number of homes sold in Maine last month fell compared with the previous October, but prices continued to rise due to an ongoing tightening of inventory.

But in November, home buyer demand reached its highest level since RedFin began compiling the data in 2017.