To spur affordable housing, the federal government is selling land for dirt cheap

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Interior announced this week its plans to arrange the sale of federal land to the State of Nevada in an effort to spur construction of affordable housing units in the Las Vegas metropolitan area.The arrangement
Read MoreRE/MAX remains profitable even as US agent count drops

Despite a 10.6% annual decline in revenue and a 6.3% drop in U.S. agent count, RE/MAX Holdings, the parent company of the real estate giant RE/MAX, stayed in the black during the second quarter of 2023.Overall for the quarter, RE/MAX generated a net income of $2 million, down from $5.8 million a yea
Read MoreLOs: Turn data assets into origination opportunities

Rates are high, housing inventory is down, and competition for new originations is fierce. Leaders across mortgage and banking are turning to their marketing partners with some variation of the same ask: “We need to improve the effectiveness and profitability of our campaigns, increase originations,
Read MoreSEC ends investigation into Better.com and SPAC partner’s alleged securities law violations

Aurora Acquisition Corp., the special purpose acquisition company planning to make public the digital nonbank lender Better.com, said on Thursday that the Securities and Exchange Commission (SEC) ended an investigation of the companies with no enforcement action. In July 2022, HousingWire reported t
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