July 2025

Logan Finance promotes Dave Weatherford to TPO executive role

Nonqualified mortgage (non-QM) lender Logan Finance Corp. on Thursday announced the promotion of Dave Weatherford to Executive Vice President of TPO Production, effective immediately. The promotion follows Logan Finance’s launch of its new Open Road product series, announced in June. The series, which expands upon Logan’s preexisting non-QM offerings, involves seven specialized Non-QM mortgage...

Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

Veteran entrepreneur Phillip Cantrell distills four decades of hard-won business wisdom into his newly released book, “Failing My Way to Success: Lessons from 42 Years of Winning (and Losing) in Business,” which officially launched July 15. The founder and CEO of Benchmark Realty — who sold the company to United Real Estate in 2020 — says the inspiration for writing the book stemmed from a...

Realtors Relief Foundation sends $500K to Texas flood victims

The nonprofit Realtors Relief Foundation (RRF) has allocated $500,000 to assist residents in south central Texas following recent floods that took the lives of more than 130 people and displaced families across the region. The funding — distributed through Texas Realtors and eight local associations — will be used to help affected residents cover housing payments as recovery and relief efforts...

U.S. Condo Market Suffers Sharpest Price Drops in Over a Decade as Buyers Retreat

Condo Prices and Demand Crumble in Florida and Texas Based on new Redfin data, the U.S. condominium market is unraveling faster than any other segment of the housing sector, as rising costs and tighter financing rules push buyers to the sidelines and sellers flood the market. The median sale price of a U.S. condo fell 2.2% year-over-year to $354,100 in May, marking the second-steepest annual drop since...

VantageScore 4.0 is coming. But much work needs to be done

In the days following the announcement that VantageScore 4.0 was suddenly in play for conventional mortgages, FinLocker‘s Brian Vieaux had to burst some bubbles. Most of the 15 to 20 loan officers he spoke to were ecstatic about being able to use the new credit scoring model. Millions of new prospective borrowers could be scored with VantageScore, they said. That’s opportunity in a down...

Top San Diego luxury real estate brokerage joins Compass

The Exude Luxury Group — a top-producing real estate firm in Southern California — has departed Side and joined Compass in San Diego’s La Jolla neighborhood, marking a new phase for the six-person team led by Erika Borunda Ahajanian. The group has closed more than $500 million in career sales — including $121 million in transactions in 2024 — and is known for its work with high-profile luxury...

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