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Tomo provides mortgages in 9 states, adds Georgia, North Carolina

USA Real Estate News-Inman - Tue, 2022-05-17 17:23
Fintech focused on purchase mortgages planning to add more markets and new mortgage products later this year.

Real Estate in the Metaverse: Where Virtual Meets Reality

USA Real Estate News-RISMedia - Tue, 2022-05-17 14:03

The term “Metaverse” is buzzing across the internet and leading to more conversations around its function and social implications.

For virtual reality (VR) enthusiasts, the Metaverse is an expanded cyber universe where one can strap on a headset and escape into an immersive gamescape. With virtual reality-related injuries on the rise, it is only plausible to believe padded Metaverse rooms installed in people’s homes might just become the new mancave or sheshed.

Annual Rent Growth Hits One-Year Record High in March

USA Real Estate News-RISMedia - Tue, 2022-05-17 14:02

U.S. single-family rent price growth continued at a record pace in March, up 13.6% from one year earlier, according to CoreLogic’s latest Single-Family Rent Index (SFRI), released this week.

Share of Mortgage Loans in Forbearance Decreases to 0.94% in April

USA Real Estate News-RISMedia - Tue, 2022-05-17 14:01

The total number of loans now in forbearance decreased by 11 basis points from 1.05% of servicers’ portfolio volume in the prior month to 0.94% as of April 30, 2022, according to Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey, released this week. According to MBA’s estimate, 470,000 homeowners are in forbearance plans.

IDX Broker Expands Client Services to Incorporate IXACT CRM

USA Real Estate News-RISMedia - Tue, 2022-05-17 14:00

Elm Street Technology has announced a product integration between IXACT Contact Solutions and IDX Broker. This merging will create a single sign-on from within the IDX Broker Dashboard, allowing real estate consumer leads to be automatically passed between an IDX website and into a real estate CRM tool.

Power Buyer Orchard now serving first-time homebuyers

USA Real Estate News-Inman - Tue, 2022-05-17 13:11
After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead.
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