Fed hawks are on the war path, sending mortgage rates higher
Today the 10-year yield hit a yearly high of 4.74% and mortgage rates rose six basis points to 6.83% (as of this writing), as all the Federal Reserve hawks came out to play, and they were not taking a page from Fed Chair Kevin Warsh’s playbook. They want their voices heard loud and clear — and they
ICE posts strongest quarter for mortgage tech since 2022
Intercontinental Exchange Inc., the operator of the New York Stock Exchange (NYSE) and parent company of ICE Mortgage Technology, reported its strongest quarterly mortgage business performance in four years during the second quarter of 2026. While reporting a profitable quarter, the company also ann
💋 ‘I Want Your Sex’ scores big
The waiting game Friday, July 31 — Let’s kick Friday off with some merger news – it seems I think about nothing else these days. In light of a lawsuit from 12 states attempting to block Paramount’s acquisition of Warner Bros. Discovery, Paramount has halted the merger until five days after a trial
Consumer Sentiment Stays Positive, Though Down From a Year Ago
The latest University of Michigan Consumer Sentiment Index, released July 31, showed that Americans are optimistic about the economy. With June’s number at 49.5, the final July index of 55.2 represents a worthy uptick, showing that consumers are becoming more positive about their personal financials
Every real estate agent has AI now, how sellers spot real expertise
A homeowner recently asked me to review a listing presentation prepared by another real estate agent. It was impressive. The pricing analysis was organized, the marketing plan included video, social media and buyer targeting, and the language was polished throughout. A few years ago, a presentation
NEXA’s Mike Kortas criticizes loanDepot, pitches LOs to switch companies amid ongoing lawsuit
An ongoing feud between loanDepot and NEXA Lending was brought to light again this week through a social media posst authored by NEXA CEO Mike Kortas, which urges loanDepot loan officers to join NEXA. In the post, which begins with the line “Attn: Loan Depot Loan Officers,” Kortas offered a year of
Several Retired Judges File to Formally Protest Tuccori Settlement Procedure
Four retired federal judges are formally protesting the procedure by which the National Association of Realtors® (NAR) and other big brokerages, including Anywhere, settled the buyer commission cases, saying that the practice will encourage “forum-shopping” by class-action defendants. In a 22-page
Unsustainable US construction demand is impeding housing market success
The AI boom over the last few years has created a new class of exceedingly wealthy technology innovators, investors and employees. Compounded with a bullish stock market and IPOs like SpaceX sending employees into affluence within days, it comes as no surprise there’s increasing demand for complex,
Reducing risk: Why the right IT service provider matters
In real estate, title insurance and mortgage lending, technology keeps transactions moving. Production platforms, email, cloud applications and networks must operate reliably and securely, often under significant time pressure. For many small and mid-sized organizations, managing that environment en
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