Every few years, the real estate industry gets a jolt that sends agents scrambling to reassess their careers and where they hang their license. The current wave of consolidation — eXp acquiring Next Home, Real acquiring Remax, Compass acquiring Anywhere — is the latest version of that jolt. And if the conversations I’m having with […]
Brokerage consolidation is not the threat, weak relationships are Read More »
After posting a decent recovery from 9-month highs yesterday, it looked like mortgage rates were destined to bounce back toward slightly higher levels today. In fact, when lenders released their initial rates this morning, the average 30yr fixed rate was indeed moderately higher. But shortly after 1pm ET, news broke regarding additional progress in the
Mortgage Rates Recover After Starting Higher Read More »
NEXA Lending entered into what it described as a “strategic investment and phased acquisition agreement” with Copper Ridge Ventures. Processing Content Copper Ridge Ventures is a holding company for mortgage joint ventures owned by Tim Owens. NEXA noted its president, Geri Farr, and Tammy Richards, its chief strategy officer, have had a relationship with Owens
NEXA makes ‘strategic investment’ in Copper Ridge Ventures Read More »