Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the... Read more »
Newly launched LUXE Realty brings on sales leaders

Newly launched LUXE Realty brings on sales leaders

Arizona-based brokerage LUXE Realty welcomed Jack Luciano and Raul Siqueiros as director of estates division and director of new development, respectively, the company announced on Thursday. The two real estate agents were... Read more »
CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

NewMark Merrill Companies has acquired the CVS Pharmacy building within Placentia Town Center, a 142,666-square-foot retail center located on the southwest corner of Yorba Linda Boulevard and Kraemer Boulevard in Placentia, California. Deal... Read more »
Gary Keller brings buyers’ agent value proposition front and center

Gary Keller brings buyers’ agent value proposition front and center

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about... Read more »
For LA Home Brokers, January Brings Active Start to Year

For LA Home Brokers, January Brings Active Start to Year

The year started on a bullish note for L.A. residential sellers, with a solid uptick in signed contracts and an increase in listings in January. During the first month of the year... Read more »
CVS Acquisition Brings Placentia Retail Center Under Sole Ownership

Industrial Outdoor Ventures Brings Montclair Property to Full Occupancy

 Industrial Outdoor Ventures (IOV) has leased a 0.9-acre portion of 4187 State St. in Montclair to Mission Steel Fabrication. The lease creates 100% occupancy at the 2.8-acre property, which is also leased... Read more »
Gary Keller brings buyers’ agent value proposition front and center

Cyberattack at loanDepot brings systems down

Top-15 U.S. mortgage lender loanDepot confirmed Monday morning that it is the industry’s latest cyberattack victim. The incident has brought loanDepot’s systems down.  The California-based lender, which originated about $17 billion in mortgage loans... Read more »
A sub-7% mortgage rate brings holiday cheer

A sub-7% mortgage rate brings holiday cheer

The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year,... Read more »
Rocket Homes brings house hunting to your car via Apple CarPlay

Rocket Homes brings house hunting to your car via Apple CarPlay

Rocket Homes is looking to make your daily commute part of your home search experience. The company announced Tuesday that the Rocket Homes iOS app is now available on the infotainment screen... Read more »