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Real REMAX strategy shift threatens independent originators

The newly formed Real REMAX Group will no longer be investing in the growth of its Motto Mortgage franchise system, with its sights set on a more unified mortgage platform, the company confirmed with National Mortgage News. Processing Content The move threatens independent mortgage banks and outside loan originators who rely on real estate agents […]

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How Warsh’s hawkish comments will impact mortgage rates

Federal Reserve Chair Kevin Warsh sent markets a clear, hawkish signal: don’t expect any interest rate policy shifts, post-speech commentators said. Processing Content Warsh, if anything, spoke out against providing the markets any forward guidance, which is typically used to price longer-term instruments. The speech was Warsh’s first as chairman at the Federal Reserve Bank

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SEC clears Garg’s return bid as TRO rulings loom

Ex-CEO Vishal Garg may be rewriting the playbook on how to reclaim a company, as the founder’s high-stakes battle with Better Home & Finance reaches another critical stage.  Processing Content The former Better boss received approval Thursday from the Securities and Exchange Commission to begin soliciting shareholder support for his comeback plan, his attorney confirmed.

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