MBA: Weekly mortgage applications actually on the rise

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Mortgage applications climbed 1.6% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 14, 2018.

‘We Will Rebuild, and Many People Will Come Again’

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Real estate professionals in the Carolinas put their businesses on hold to help communities get back on their feet after Hurricane Florence.

Builders Warn Trade War Is Now Hitting Housing

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The latest round of tariffs “could have major ramifications for the housing industry,” the builders’ trade group warns.

A Big Nuisance Entering More Homes This Fall: Spiders

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More spiders will likely weave their webs inside homes this fall. Here’s how you can get rid of them.

Singapore real estate giant CapitaLand enters U.S. multifamily with $835 million acquisition

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With rents continuing to rise with little sign of slowing, multifamily real estate in the U.S. is beginning to draw some serious international investor interest, as one of Asia’s largest real estate companies is planning a U.S. invasion of its own. Singapore’s CapitaLand announced Tuesday that it is entering the U.S. multifamily market with an $835 million acquisition of 16 apartment communities in Seattle, Portland, Los Angeles, and Denver.

Home builders group: New tariffs on Chinese goods are a tax on housing

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New tariffs against China could add $1 billion in costs to goods involved with housing construction. According to CNBC’s Realty Check, the NAHB estimates that of the 6,000 goods under the umbrella of the latest round of tariffs, roughly 600 products, representing $10 billion in goods, are related to the construction of new apartments and homes.

Quicken Loans onboards new agency to head massive marketing effort

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According to an article from AdAge by Adrianne Pasquarelli and Megan Graham, IPG MediaBrands’ Universal McCann will now be the agency of record responsible for Quicken Loans’ media planning and buying, which Rock Holdings, Quicken’s parent company, has already made considerable investment in.

CoreLogic’s new integrated solution streamlines underwriter workflows

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Despite all the improvements in consumer-facing point of sale solutions, underwriters are still following a manual process when it comes to borrower verification. CoreLogic, a leading global property information, analytics and data-enabled solutions provider, launched AutomatIQ Borrower to pull all of the disparate borrower verification tools together into a single solution from one provider.

C2 Financial ramps up reverse education

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With more than 600 loan officers operating in 10 states, C2 Financial is one of the nation’s biggest brokerages, raking in $2.4 billion in originations last year. While C2 has had a HECM division for years, it did not see much action until father-daughter duo Scott Harmes and Christina Harmes took over the channel, establishing a certification program for C2 LOs that has caused volume to spike.

FTC shuts down real estate websites that allegedly preyed on Section 8 renters

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The Federal Trade Commission shut down a series of real estate websites that allegedly targeted Section 8 voucher recipients and falsely promised “exclusive” access to rental listings in exchange for a monthly or weekly subscription fee.