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United Wholesale Mortgage CEO Mat Ishbia has set the goal of topping arch-rival Rocket Mortgage by 2024. The second quarter earnings report shows he still has quite a bit of work ahead of him. The wholesale-only lender originated $59 billion in mortgages in the second quarter, generating $139 million in net income, UWM disclosed in […more]
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When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past the dollar signs and dive deeper […more]
Congratulations to our 11 Compass agents and teams named to Los Angeles Business Journal’s 2021 Leaders of Influence: Residential Real Estate Brokers list. This special section of LA Business Journal recognizes some of the most dynamic brokers in the region, chosen from nominations submitted to the journal. The editorial department selected honorees “based on a […more]
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This article was first published on NerdWallet.com. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about a new first-time homebuyer report from NerdWallet data journalist Liz Renter. Then we pivot to this week’s question from Scott in Green Bay, Wisconsin. He wrote us […more]
In an interesting announcement last week, HUD and FHFA issued a joint MOU (memorandum of understanding) that enhances efforts to synchronize fair lending policy, enforcement and investigatory activities. This is a rare instance where HUD and the regulator of the GSEs have publicly agreed to attempt to synchronize efforts on such a major policy effort. […more]
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