Fidelity National Financial, Jacksonville, Fla., has launched an enhanced version of its BuyBankHomes.com website portal for selling bank-owned homes.The online portal is dedicated to marketing properties that have completed the foreclosure process. Fidelity said the redesigned user interface offers a clean, intuitive environment for both experienced bank-owned property investors and consumers new to the market. Fidelity said the new site incorporates Intelligent Map Searching, so that users are no longer required to be familiar with specific property location data such as city or ZIP code. The layered map feature allows users to start with a broader area, like a state, and zoom in on local markets. The site also features new bidding capabilities for live, online auctions.
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Higher costs than expected, not just for the mortgage but for repairs and more, have recent buyers' regretting their purchase, Clever RE and Redfin found in separate reports.
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New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.
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Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
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The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28