Sherry Chris, a veteran in the industry, discusses healthy risk taking
Sherry Chris is a true veteran of the real estate industry. Chris started her career in the 1980s as a realty agent and was promoted to branch manager at Royal LePage in 1987. Chris rose through the corporate ranks to…
Fed’s rate course was altered by bank failures, but in an unexpected manner
Wednesday’s news conference was held by the Federal Reserve Chairman Jerome Powell following a meeting of the Federal Open Market Committee in Washington, D.C. Jerome Powell, Federal Reserve Chairman, spoke Wednesday at a news conference following a Federal Open Market…
Powell reiterates his commitment to cooling the prices as the Fed raises rates
The Federal Reserve raised interest rate at its ninth consecutive meeting. It indicated that there may be more increases to come, a clear indication it’s confident its efforts to curb inflation won’t lead to a banking crisis. This is the…
According to HMDA data, the top 10 mortgage lenders for 2022
Wells Fargo retained its No. JPMorgan Chase fell to the eighth spot, but other depositories filled in the remaining positions in the back half. These rankings were based on loans secured by one-to four family properties. Bank of America was…
Nick Bailey, CEO of RE/MAX, on the technology that should be left behind
Nick Bailey is RE/MAX’s president and CEO. He will also be a speaker at Gathering of Eagles 2023. Bailey will be sharing his views on technology real estate needs and what we should leave behind during Gathering of Eagles’ “CEO…
First Republic rescue may be facilitated by U.S. backing
Sources familiar with the rescue negotiations say the government could be involved in the lifting of assets from First Republic that have eroded the bank’s balance sheet. The government could be able to help First Republic recover assets that have…
LOs claim that the banking industry’s turmoil has had little effect on day-today lending.
The banking sector turmoil that saw Signature Bank and midtier Silicon Valley Bank collapse has caused borrower anxiety but has not had an actual impact on mortgage lending. Moreover, interest rates have fallen and borrowers have expressed concern about the…
AnnieMac purchased Family First Funding
AnnieMac Home Mortgage, a Mount Laurel-based nonbank lender has apparently purchased Family First Funding in Toms River. According to AnnieMac, Family First was experiencing liquidity problems, which led them to sell. Historically, restrictions on production funding, especially in a down…
Reasons To Consider Condos in Your Home Search
Are you having difficulty finding a home that meets your needs and fits your budget? Condominiums, also known simply as condos, are an option worth looking into. Bankrate says that a condo is a cheaper way to get into homeownership…
Gathering of Eagles celebrates Father’s Day
Gathering of Eagles 2023 will be a great opportunity for us to forge new partnerships, but we will also be forging a connection between fathers. The first day of Gathering of Eagles, June 18, is also Father’s Day. We want…