Buffet’s boring (but brilliant?) brokerage

Some may call the business boring, but like most of Buffet's other companies, HomeServices is a tried and true brand.

Was this newsletter forwarded to you? Sign up here. This morning, Senior Real Estate Reporter Matthew Blake published an in-depth look at Berkshire Hathaway's HomeServices. Some may call the business boring, but like most of Buffet's other companies, HomeServices is a tried and true brand that generates a ton of cash.   Matt's article is part of our HW+ premium membership, which we launched in January 2020 and have seen thousands of your fellow HousingWire readers join over the past year. They join for the content, like this, this, and this, but they stay for the community in our HW+ Slack Channel and our virtual events.   Our next virtual event is the fourth annual engage.marketing, which will be live everywhere on June 17th. The content at engage.marketing is targeted to marketing and production leaders at mortgage lenders and real estate brokerages. This year, we'll be providing insights and strategy on the transition from a refi boom in 2020 to a competitive purchase market in 2021. HW+ members can attend all of our virtual events for free as part of their membership.   Diego Sanchez HousingWire General Manager HW Media Chief Operating Officer Inside eXp Realty's stunning growth    Wall Street's darling brokerage features a quiet leader, loud-and-controversial recruitment model. Glenn Sanford cuts a modest figure. Nope, wait, eXp Realty's Glenn Sanford isn't cutting any real life figure at all. Listen now Builder confidence jumps, despite crazy lumber prices    Builder confidence rose one point to 83 for newly built single-family homes in April, according to the latest National Association of Home Builders and Wells Fargo Housing Market Index (HMI) report. Digital mortgage platform Maxwell announces $16.3M Series B Maxwell will use the funding to accelerate value to community lenders. Today, the company helps 250+ lenders offer top borrower experience and close loans 50% faster than the national average. To learn about Maxwell's ambitious plans, click here. Sponsored by Maxwell Mortgage rates move down to 3.04%    The average U.S. mortgage rate fell for the second consecutive week, down nine basis points to 3.04%, according to Freddie Mac's Primary Mortgage Market Survey. Should lenders look to non-QM when the refi boom slows?   HousingWire recently sat down with Tom Hutchens, Angel Oak EVP of production, who shared how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown. Presented by FICS HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039, (469) 893-1480 Unsubscribe Manage preferences