SoCal indie brokerage Dilbeck Real Estate merges with Engel & Völkers

Engel & Völkers, the global luxury real estate brand, just partnered with Dilbeck Real Estate, one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel & Völkers brand. Additionally, nine office locations will convert to Enge
Read MoreFreddie Mac profits jump to $2.9B in Q2 2023

Freddie Mac generated $2.94 billion in net income in the second quarter, up 41% from the first quarter and 20% year-over-year. Like its larger government sponsored enterprise cousin Fannie Mae, Freddie Mac’s second quarter was boosted by rising home prices. Executives on Wednesday said home prices r
Read MoreRithm delivers big profit in Q2, starts mortgage biz spin-off

New York-based Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms at a time when the parent company of New Rez and Caliber plans to spin off its mortgage business. “If you think about whe
Read MoreDataDigest: The winners of the purchase market

For all the confusion and volatility that the pandemic caused the mortgage industry, it was clear that the near-zero interest rates were always going to be temporary. After many warnings, The Fed finally made its move in March 2022. Its aggressive inflation-crushing policy extinguished the greatest
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