Pennymac TPO offers temporary relief on credit report fees

Pennymac TPO is waiving a $99 credit report fee charged at closing for loans submitted through its POWER+ portal in December, the lender announced Wednesday. “Qualified credit report fee waivers will be paid by Pennymac at closing—no action required by the partner,” the company said in a notice to b
Read MoreHomebuilders turn to digital pre-sales to drive buyer confidence

From Want-To to Yes: How Digital Pre-Sales Became the Only Path Forward Buying a new home has never been a “must.” Even when life events prompt people to move, choosing new construction is a want-to decision that depends on confidence and clarity. And that’s true more so now than almost any time in
Read MoreReal estate veteran Steve Simonetti opens REMAX NEXUS

Steve Simonetti entered the real estate industry after being inspired by his father’s journey in as a real estate agent and in purchasing investment properties. Over five decades later, Simonetti is still at it, but recently he has taken on a new role as franchisee. In October, Simonetti, a longtim
Read MoreGreystar to pay $24M, end hidden fee practices under FTC, Colorado settlement

Greystar — the nation’s largest multifamily rental property manager — has agreed to pay $23 million to the Federal Trade Commission (FTC) and $1 million to the state of Colorado. The settlement follows allegations that Greystar misled renters by advertising low monthly prices while adding undisclose
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