Author name: Ricky Vasquez

Compass, the brokerage owned by Compass International Holdings, has launched a new program it says will help agents generate passive income while retaining control over how they manage their business. On Friday, the brokerage launched its Listing Agent Lead and Referral Program.  Under this program, every Compass real estate agent maintains their contact information on […]

Virginia-based mortgage lender City Lending Inc. is winding down operations as regulatory burdens and ongoing industry consolidation weigh on independent mortgage banks, according to founder and CEO Jorge Campodonico. The lender originated approximately $232 million in mortgages over the past 12 months — most of it through Federal Housing Administration (FHA), conventional and purchase loans

The conversation around credit reports in mortgage lending has taken a recent turn. Faced with spiraling mortgage origination costs and continued affordability challenges for homebuyers, policymakers and industry leaders understandably are searching for ways to reduce friction and cut costs in the mortgage process.  One proposal being advanced is the adoption of a single-bureau credit