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Better.com’s CEO apologizes, but the fallout continues

Housing Wire

The blowback from the industry has been immense, with many mortgage executives questioning the ethics of firing employees just weeks before the holidays. The amendments to the transaction do not change the implied equity value for Better of approximately $6.9 billion, the company said.

HR 382
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CAIRN REAL ESTATE HOLDINGS EXPANDS LEADERSHIP TEAM

Realty Biz

Before joining Cairn, Flohr was a General Manager at Berkadia Commercial Mortgage. Cairn comprises more than 4,300 agents operating in 72 offices across 23 states and closes more than $10B in annual in real estate sales volume.

HR 81
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Despite headwinds, these mortgage companies are hiring

Housing Wire

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Recruiting battles for LOs remain fierce, mortgage executives and LOs told HousingWire.

Mortgages 442
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Looking to Buy in Philly or Pittsburgh? Consider Down Payment Assistance in Pennsylvania!

HomeLight

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. Coming up with that amount of money to spend on a single purchase can be daunting, especially for first-time homebuyers, who don’t have equity in an existing home.

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Seven Predictions for 2023: The Grime Edition

Notorious ROB

Rocket Mortgage Acquires Redfin. To be fair, there were a number of big announcements, but the one I honed in on was this one: We plan to overhaul our current mortgage funnels away from third-party lead generation and toward Zillow Home Loans , and bolster our loan officers’ tools and capabilities to help the customers who come their way.

MLS 79