Apply Online
Schedule a Call

REALTORS & HOMEBUILDERS

Toll Brothers acquires private Arkansas homebuilder

Homebuilders, Housing markets, M&A, REALTORS & HOMEBUILDERS /

Toll Brothers, one of the largest homebuilders in the United States, is acquiring a private homebuilder based in Fayetteville, Arkansas. Processing Content Headquartered in Fort Washington, Pennsylvania, Toll Brothers’ purchase of Buffington Homes of Arkansas will expand its national footprint with a strong presence in northwest Arkansas, the company said in a press release Tuesday. […]

Toll Brothers acquires private Arkansas homebuilder Read More »

Homebuilders set for another ‘lost’ earnings season

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS /

For US homebuilders, the Iran war dashed what little optimism they had left for this earnings season.  Processing Content Developers including D.R. Horton Inc., Lennar Corp. and KB Home all missed expectations last quarter and estimates suggest both sales and earnings have fallen further as conflict in the Middle East unsettled buyers and raised costs.

Homebuilders set for another ‘lost’ earnings season Read More »

Homebuilder sentiment falls to seven-month low

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS /

US homebuilders’ confidence fell to a seven-month low in April as the Iran war pushed up mortgage rates and materials costs at the start of the spring selling season. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo declined four points to 34, according to data out

Homebuilder sentiment falls to seven-month low Read More »

Cornerstone Capital Bank adds employee stock ownership plan

CAREER & COMPENSATION, Mortgages, REALTORS & HOMEBUILDERS /

Cornerstone Capital Bank in Houston announced it has launched a new qualified retirement plan that invests in its parent company’s stock and allows employees to share in ownership. Processing Content Company team members, including those in affiliated business arrangements, will be eligible to participate in the employee stock ownership plan. Joint venture and real estate

Cornerstone Capital Bank adds employee stock ownership plan Read More »

New-home purchase applications hit record high in March

Homebuilders, Originations, REALTORS & HOMEBUILDERS /

New-home purchase originations surged in March, waving off wartime macroeconomic concerns to set a record high, even as signs of a construction slowdown emerged.  Processing Content Applications for newly purchased homes accelerated 11% year over year, according to the Mortgage Bankers Association’s monthly builders survey. Compared to February’s more subdued activity, volumes popped upward by

New-home purchase applications hit record high in March Read More »

U.S. Bank adds Built to manage construction loan activity

Homebuilders, Mortgage technology, REALTORS & HOMEBUILDERS, Servicing /

U.S. Bank has turned to Built Technologies, which provides technology for real estate and construction finance, to help manage its portion of this process. Processing Content The bank says it will be able to fund projects faster as well as give clients real-time visibility into each step in the construction process and the related financing.

U.S. Bank adds Built to manage construction loan activity Read More »

LoanDepot partners with Texas builder for new lender launch

LoanDepot partners with Texas builder for new lender launch

Homebuilders, Industry News, Originations, REALTORS & HOMEBUILDERS /

LoanDepot is behind a new mortgage business from West Texas-based Betenbough Cos., helping launch the affiliate as part of an expanded strategy to expand upon homebuilder partnerships. Processing Content Olive Branch Home Loans will serve customers of Betenbough, a top 50 builder based in Lubbock. Betenbough sells its homes through eight sales centers located throughout

LoanDepot partners with Texas builder for new lender launch Read More »

TransUnion launches new fraud and personal safety check app

Fraud, Mortgage technology, REALTORS & HOMEBUILDERS, TransUnion /

TransUnion is launching a new app set to help Realtors confirm property ownership to prevent fraud, conduct personal safety checks and drive more effective prospecting. Processing Content TruLookup for Real Estate is a purpose-built solution that reduces the need for real estate professionals to analyze multiple databases or download numerous apps when researching potential clients

TransUnion launches new fraud and personal safety check app Read More »

Fewer buyers are interested in newly built homes

Homebuilders, Housing markets, Mortgages, REALTORS & HOMEBUILDERS /

There was less interest in buying a newly constructed home last month, as macroeconomic uncertainty squashed a recent market rally.  Processing Content New home purchase applications for February were up 0.9% from the same time last year, but down 1% from January, the Mortgage Bankers Association reported Thursday. The tepid Builder Application Survey results follow

Fewer buyers are interested in newly built homes Read More »

What happens when you use ChatGPT to sell your home?

Artificial Intelligence, Mortgage technology, REALTORS & HOMEBUILDERS /

Artificial intelligence has reached the negotiating table. Processing Content A South Florida man this month described how he sold his house using ChatGPT as his real estate agent, a choice he claimed led to meaningful savings. Robert Levine told NBC South Florida he used the chatbot for much of the process, from pulling together marketing

What happens when you use ChatGPT to sell your home? Read More »