Wed.May 14, 2025

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FHA/VA purchase mortgage demand up 40% annually

Housing Wire

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. On an unadjusted basis, the index increased 1% compared with the previous week. The seasonally adjusted purchase index was a bright spot this week, increasing 2% from one week earlier.

Mortgage 346
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Connexions Optimizes AMC Financial Management with Robust Accounting and Time-Saving Payment Solutions

Appraisal Buzz

Empowering Appraisal Management Companies with Automated Payments, Centralized Accounting, and Enhanced Financial Insights. Connexions – Appraisal Management Software – is optimizing financial management for Appraisal Management Companies (AMCs) with enhanced accounting and payment processing solutions. By automating manual workflows and improving financial visibility, AMCs can reduce administrative burdens, ensure compliance, and strengthen vendor relationships while saving valuable

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Final Offer looks to the future by providing options for consumers

Housing Wire

After the $418 million Realtor commission lawsuit settlement terms were inked about a year ago, executives at Final Offer worked feverishly to tweak a product that promised transparency and flexibility for sellers, buyers and their agents. They fully expected the National Association of Realtors’ business practice changes to alter the way that sellers and buyers transacted.

Agents 281
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GoFormz OCR: Populate Form Fields With Text Pulled From an Image

GoForrmz

Capture data faster and more accurately with image text detection Use OCR (Optical Character Recognition) to accelerate and simplify your data capture. Our Pull text from image functionality enables mobile form users to populate form fields with text pulled directly from an image. For example, if a GoFormz user uploaded a picture of their drivers license, their name, address, date of birth, and drivers license number could be pulled from the image and populated directly within corresponding form

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Do private listings sell for less than those publicly marketed?

Housing Wire

In the ongoing debate over NAR’s Clear Cooperation Policy , one question looms large: who really benefits when a single agent or brokerage represents both sides of a real estate transaction? Many private listings ended up being double-ended deals. Proponents of exclusive listings argue that consumers gain a streamlined process and increased privacy.

Marketing 349

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UWM unveils suite of AI-powered solutions ahead of flagship event

Housing Wire

On Wednesday, United Wholesale Mortgage (UWM) launched a new suite of six artificial intelligence -powered tools built specifically for independent mortgage brokers. The tools, announced ahead of the company’s fourth annual UWM LIVE! event, are designed to simplify mortgage broker workflows, enhance client relationships and allow them to scale their businesses faster.

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Why Montreal' housing market is staying resilient while others wobble

Mortgagebroker News

The city is recording increasing housing prices and a boom in housing starts even while other markets like Toronto and Vancouver trend in the opposite direction

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Bright MLS, Central Virginia Regional MLS finalize data integration

Housing Wire

Central Virginia Regional Multiple Listing Service (CVR MLS) and Bright MLS have finalized a data sharing agreement that integrates real estate listings across a multistate region, the organizations announced Wednesday. The collaboration allows agents and brokers from both MLSs to access current and historical property data across central Virginia and six other states improving cross-market visibility and streamlining services for clients.

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REALTOR.ca unveils new board of directors roster

Mortgagebroker News

New board members bring tech and governance expertise

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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BOK Financial launches mortgage finance line of business

Housing Wire

BOK Financial recently announced the launch of its new mortgage finance line of business, a new vertical dedicated to meeting the credit needs of nonbank mortgage originators across the country. As a top 10 dealer of mortgage-backed securities that offers trading liquidity to more than 500 counterparties, BOK Financial has supported its client base for more than two decades.

Finance 201
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It’s been a long time since we’ve seen housing stats like this

Sacramento Appraisal Blog

This hasn’t happened in a long time. Price stats are barely up from one year ago. Over the past few months, prices have really flattened, and we’ve started to feel all the extra listings out there. Some smaller counties are even starting to get negative price readings. Let’s talk about it. UPCOMING SPEAKING GIGS: 5/21/25 […] The post Its been a long time since weve seen housing stats like this first appeared on Sacramento Appraisal Blog.

Appraisal 408
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'Poly-employment': Transparency in workplaces encouraged amid rise of secondary jobs

Mortgagebroker News

'Just being transparent can drastically lower the chance of a future clash happening,' says expert

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StreetEasy: NYC sellers express ‘remorse’ after listing privately

Real Estate News

A survey by the Zillow subsidiary found that most sellers support broad listing access, and those who listed off the MLS were more likely to regret their sale.

Sellers 293
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Scotiabank partners with ICICI Bank Canada in wealth management deal

Mortgagebroker News

Affluent newcomers can now access more wealth management options

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Report: DOGE overestimated, backtracked on savings from real estate lease cuts

Housing Wire

Since the start of the second Trump administration, the U.S. DOGE Service aka the Department of Government Efficiency has been a lightning rod of controversy due to the ways it has sought to curtail government costs. It’s done so by slashing federal jobs, ending congressionally-approved programs and maintaining what some have viewed as unclear reporting about its actions.

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AppraisalVision announces partnership

Valuation Review

AppraisalVision, the mortgage industry’s appraisal technology platform, recently announced its transformation into the first fully autonomous appraisal execution system through an exclusive partnership with Alpha7X, a next-generation AI agent platform.

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The Easiest Way to Find Profitable Rental Properties

BiggerPockets

This is how to find investment properties that make real money in 2025.

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Zillow: In 233 U.S. cities, a starter home will cost $1 million

Valuation Review

Home shoppers hoping to buy their first home may be in for quite the financial surprise. While the typical starter home nationwide is worth $192,514, there are more than 230 cities where a starter home comes with a price tag of $1 million or more, a new Zillow analysis reveals. Read on to learn more.

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Pivotal Moments: Women of Influence Reflect on the Turning Points That Shaped Their Leadership

Housing Wire

The path to leadership is rarely linear its shaped by decisions made in uncertainty, and challenges faced head-on. As part of HousingWires Women of Influence spotlight series to promote the award’s 2025 nomination period , we asked past honorees to look back on the key moments that most influenced their leadership journey. Their reflections span deeply personal experiences like navigating maternity leave to bold career leaps, mindset shifts, and redefining how they listen and lead in ti

Design 201
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ICE: First-time homebuyers achieve record share of agency purchase lending

Valuation Review

Intercontinental Exchange, Inc recently released its May 2025 Mortgage Monitor Report. The analysis delved into the rising share of first-time and Gen Z homebuyer participation in the mortgage market. Read on for more home purchasing numbers from ICE.

Lending 78
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Stay the course: Why stability is a winning strategy for originators right now

Housing Wire

Originators are entering the spring homebuying season with a set of new challenges: President Trumps tariffs have disrupted markets, leaving an uncertain path forward in terms of housing construction and threatening homebuyers purchasing power. Meanwhile, the Fed has signaled a rate cut will likely be further delayed amid continued inflation concerns.

Lending 281
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President’s budget proposal includes cutting $33.6B in HUD funding

Valuation Review

President Donald Trump’s recommendations on discretionary funding levels for fiscal year 2026 include cutting $33.6 billion in funding for the Department of Housing and Urban Development (HUD), including 43 percent of grant funding for HUD’s rental assistance programs including public housing, Section 8 assistance, housing for the elderly and housing for persons with disabilities.

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The Rookie Guide to Asset Protection: LLCs, Insurance, Partnerships, & Trusts

BiggerPockets

Do you really need an LLC for rentals? What about a trust? What kind of insurance should you get?

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A New Era for Appraisals: Understanding the New URAR

Appraisal Buzz

In this episode, Jim, Hal, and special guest Jared Preisler dive into the brand-new URAR and what it means for appraisers. From market analysis to the sales comparison approach, we’re breaking down how appraisals are evolving (and why it’s not as scary as it sounds). Plus, hear all about the exciting post-event CE opportunities at Valuation Expo, in partnership with the Appraisal Institute.

Appraisal 195
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Poilievre warns of 'more of the same' under Carney's cabinet

Mortgagebroker News

Opposition leader says recycled appointments won’t deliver needed change on housing, economy

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Homebuyers out in force for a 2nd week as mortgage rates stabilize

Inman

With more homes to choose from, purchase loan applications were up 18 percent from a year ago last week as buyers forged ahead despite economic uncertainty.

Mortgage 157
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CMLS appoints Rene Galicia as its new COO

Housing Wire

As multiple listing services (MLS) across the country grapple with a variety of challenges, the industrys trade group, the Council of MLSs (CMLS) is looking to a new chief operating officer to help it navigate choppy waters. On Wednesday, CMLS announced the appointment of Rene Galicia as its new COO. Galicia will start next Monday, May 19. He has been a board member at CMLS since the start of the year.

Training 346
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Top 8 bogus or even deceptive things agents say to land a listing

Inman

With current listings well below average market numbers, some agents will say almost anything to land a listing. Team leader Carl Medford lists the top eight things listing agents might say or do to score a deal.

Agents 94
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How to Find Airbnb for Sale: A Step-by-Step Investor’s Guide

Mashvisor

If youre researching how to find Airbnb for sale, youre stepping into one of the fastest-growing niches in real estate investing. The US short-term market alone was valued at $68.

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Why Montreal's housing market is staying resilient while others wobble

Mortgagebroker News

The city is recording increasing housing prices and a boom in housing starts even while other markets like Toronto and Vancouver trend in the opposite direction

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Court says Berkshire Hathaway Energy, Crye-Leike cannot move Gibson suit

Housing Wire

The two remaining home seller commission lawsuit defendants are facing another setback. Judge Stephen R. Bough ruled Monday that Berkshire Hathaway Energy (BHE), the parent company of Berkshire Hathaway HomeServices , and Crye-Leike will not be allowed to transfer the Gibson suit to their respective home states of Iowa and Tennessee. The Court holds that severing this case into multiple duplicative cases does not serve the interest of justice [or] judicial economy, Bough wrote.

Sellers 208