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Nations Lending, Carpenter Realtors launch Commitment Mortgage

Housing Wire

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We Nations Lending originated $3.43

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Who Is the Typical U.S. Homebuyer?

Appraisal Buzz

These were the biggest down payments for first-time buyers since 1997 and for repeat buyers since 2003. Realtors provide critical knowledge and expertise that ensure a successful transaction.” The median down payment for all homebuyers in 2024 was 18%, for first-time buyers it was 9%, and for repeat purchasers it was 23%.

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Mortgage lending volume in 2020 likely to break records

Housing Wire

trillion in refinancings, the highest level since 2003 and more than double the level seen in 2019, the mortgage giant said in a forecast on Tuesday. Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 The dollar-volume record will be boosted by $2.4

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Kendall Bonner named vice president of industry relations at eXp

Housing Wire

According to a company news release, Bonner “will focus on guiding eXp Realty agents through the significant shifts currently shaping the real estate industry, particularly in light of the recent National Association of Realtors settlement.

Realty 448
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CoStar Group hires Freddie Mac’s Christian Lown as CFO

Housing Wire

a student loan servicer he joined in 2003. CoStar believes its business model will succeed, given the recent commission lawsuit settlement by the National Association of Realtors. In the meantime, the enterprise has started the process to identify a successor. At CoStar, Lown will report directly to founder and CEO Andy Florance.

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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

First, more buyers are using agents in 2023 than in 2003. Lastly, Reffkin noted that since the Sitzer/Burnett jury verdict and the announcement of the National Association of Realtors’ nationwide commission lawsuit settlement agreement in March, the industry has not seen any rapid changes in consumer behavior.

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The 25 Best Books for Real Estate Agents in 2025

Housing Wire

Best books for mindset Failing Forward by John Maxwell Rebecca Del Pozo , an agent and trainer out of Washington State, recommended this book, saying, I read this book in 2003 when I was a brand new real estate agent. Paperback Audiobook Best books to improve Realtors communication skills 7 Levels of Communication by Michael J.