
Investor home purchases hit lowest second-quarter level since 2020
U.S. real estate investors bought about 52,000 homes in the second quarter, the lowest level for that period since 2020, according to a report from Redfin. Purchases were down 6% from a year earlier — the largest drop since late 2023. Redfin, which analyzed purchase records across 39 major metropoli

Non-QM lender Griffin Funding unveils AI-driven underwriting platform
Griffin Funding has launched an internal artificial intelligence-driven platform designed to help loan officers navigate the complex world of non-QM lending. The tool, known internally as “LIA,” pulls hundreds of pages of program guidelines into a single system and uses AI to deliver tailored answer

Beaufort Academy high schoolers remember 9/11
BEUAFORT, S.C. (WTOC) - Thursday, Beaufort Academy high schoolers placed around 3,000 small American flags on the school’s front lawn in remembrance of those died, including civilians, firefighters, law enforcement and military personnel.Lower school students lined a fence at the school with 200 fla
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