True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

Top CFPB official “hates” QM rules, jeopardizing safe harbor

A top CFPB official in charge of the rule-making process has heavily criticized the agency's own qualifying mortgage rule, jeopardizing safe harbor.

Fraud risk factors at closing increased almost 90% last quarter

A variety of risk factors could be contributing to the drastic increase in wire and title fraud risk factors in mortgage and real estate closings – for example, compliance issues and an increase in transaction data errors.

Real Estate

RE/MAX prices IPO at $19-$21 per share

RE/MAX announced an initial public offering of 10 million shares Thursday, with the stock likely to price between $19 and $21.

The company plans to use net proceeds from the offering to reacquire regional RE/MAX franchise rights in select markets, redeem preferred membership interests and to repurchase ownership stakes from existing shareholders. 

Additionally, the company was added to the New York Stock Exchange under the symbol RMAX. 

As previously covered in HousingWire, "RE/MAX going public means that the market has turned around and the company sees it as a reality," explained Brendon DeSimone, a national real estate expert and broker, who follows the space closely.

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3d rendering of a row of luxury townhouses along a street

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