North Bethesda, Maryland-based Bright MLS has hired Steve Mapes as executive vice president of growth and strategy, according to an announcement on Tuesday. Mapes joins Bright from First MLS (FMLS), where he served as chief revenue officer. The newly created role at Bright is focused on expanding the multiple listing service’s market presence and accelerating […]
Bright MLS hires Steve Mapes as EVP of growth and strategy Read More »
Mortgage rates continued to climb this week and are now approaching 7% for locked loans across all borrower credit profiles. But home purchase and refinance demand hasn’t fallen steeply despite the increased affordability pressures. On Tuesday, HousingWire‘s Mortgage Rates Center showed that rates for 30-year conforming loans averaged 6.94%, up 9 basis points from one
Mortgage rates near 7%, demand holds up ahead of Fed meeting Read More »
Newrez delivered a higher profit in the second quarter of 2026 as its mortgage servicing performance improved and originations increased compared to the prior quarter. Executives at parent company Rithm Capital said Tuesday that the company is projected to originate about $65 billion this year, compared to $63.4 billion in 2025. “Results were driven by
Rithm projects $65 billion in 2026 originations at Newrez Read More »