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...

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...

NAR moves to dismiss California agent antitrust suit

It’s been just over a month since real estate agent John Diaz refiled his lawsuit in U.S. District Court in Sacramento, but the National Association of Realtors (NAR), along with other state and local associations, are already asking the court to dismiss it.  On Monday, NAR and the California Association of Realtors, Lodi Association of Realtors, Central Valley Association of Realtors and Metrolist...

ERA Real Estate firms merge in Atlanta

Two established Atlanta metro-area real estate firms — ERA Foster & Bond and ERA Sunrise Realty — have merged, combining operations under a single brokerage that now includes more than 175 agents and six office locations. The combined firm now has a Georgia footprint that extends across Atlanta, Canton, Duluth, Marietta, Milton, Athens and Savannah. The merged firm will be co-led by David Moody...

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