Mon.Jun 30, 2025

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Better Mortgage’s AI revolution: How Better is empowering loan officers, not replacing them

Housing Wire

In an era where technology often threatens to overshadow human roles, Better Mortgage is charting a different course. By developing in-house AI tools designed to complement rather than replace human expertise, the company is enhancing the mortgage experience for both borrowers and loan officers. Already, its AI Loan Agent, Betsy , handles over 125,000 customer interactions each month, cutting through administrative drag and unlocking up to $2,000 in sales productivity per funded loan.

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SettlementOne Integrates FICO Score Mortgage Simulator Into its Suite of Lending Tools

Appraisal Buzz

SettlementOne, offering credit reporting, data and verification solutions for the mortgage industry, is partnering FICO to integrate the FICO Score Mortgage Simulator into its suite of mortgage lending tools. The integration empowers lenders to provide precise, actionable credit insights to help improve borrower outcomes while streamlining the mortgage qualification process, SettlementOne says in a release.

Tools 195
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What agents must know about telemarketing consent

Housing Wire

As class-action lawsuits continue against major real estate brokerages for alleged telemarketing violations, firms of all sizes are under increasing pressure to strengthen their compliance practices. According to attorney Michele Shuster, a founding partner of Mac Murray and Shuster LLP , staying within the bounds of federal and state telemarketing laws isn’t just a legal necessity — it’s vital risk management in today’s regulatory climate.

Agents 362
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2.4 Million Seniors Started Renting in the Last Decade, Outpacing Every Other GenerationĀ 

Realtor

Getty Images Renting in retirement is on the rise, and it has been for the past 10 years. Seniors saw the largest growth in renters of any age group, according to a new Point2Homes study. The number of renters aged 65 and over increased by 2.4 million from 2013 to 2023, marking a 30% increase, the largest percentage jump of any generation. Surprisingly, their data shows that renters 24 and under declined by around 9%, perhaps reflecting the trend of Gen Z and millennials living at home for as lo

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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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The five housing markets where homeownership is still affordable

Housing Wire

Soaring home prices, limited inventory and elevated mortgage rates have exacerbated the housing affordability crisis in many housing markets when viewed in the context of household incomes, which have remained generally stagnant. In a new study, Zillow compiled related metrics to measure the affordability gap in terms of how much more income a household would have to make over the median to be able to afford a typical home in any given housing market.

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Mayors back Realtor.com’s campaign to address the housing crisis

Housing Wire

The U.S. Conference of Mayors formally endorsed a bipartisan statement to support the Let America Build campaign — a housing policy initiative backed by Realtor.com — during the organization’s annual meeting in Tampa on Sunday. The resolution — introduced by Austin Mayor Kirk Watson — acknowledges the mounting housing affordability crisis, and it calls for policy reforms at all levels of government to increase housing supply and ease zoning restrictions. “ Homeownership was the American dr

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Seller optimism high despite increased risk of taking a loss

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock By the Numbers Seller optimism high despite increased risk of taking a loss Many sellers believe they’ll be able to sell their home at or above asking price even as market conditions are shifting, a recent survey found. Zephin Livingston June 30, 2025 3 mins Key points: A recent Clever Offers survey found high optimism among future home sellers, 77% of whom don’t anticipate that lowering their asking p

Sellers 170
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Are broker-to-broker referral fees next in the hot seat?

Housing Wire

When the National Association of Realtors’ ( NAR ) agreed to implement mandatory buyer representation agreements as part of its commission lawsuit settlement agreement, the trade group said it was in the name of increased transparency. It’s with this same goal in mind that Northwest MLS (NWMLS) said it chose to implement referral fee disclosures.

Agents 422
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Zillow’s now enforcing its listings ban: 3 things to know

Real Estate News

As of June 30, home listings that aren’t widely available may be kept off the nation’s top search site, prompting a lawsuit from Compass and praise from others.

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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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NAR: Homebuyers still have down payment misconceptions

Housing Wire

Despite growing attention around all-cash transactions, most Americans — especially first-time buyers — continue to finance their home purchases, according to new data from the National Association of Realtors (NAR). Among primary residence buyers, 74% financed their home purchase in 2024. That share jumps to 91% for first-time buyers , said Jessica Lautz, NAR’s deputy chief economist and vice president of research.

Buyers 324
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How To Sell an Investment Property and Make a Killing

Realtor

amber_b/iStock An investment property , by definition, is a place with one simple goal: to make money. So if you want to learn how to sell an investment property , we’d wager that maximizing those profits is likely your top priority. In many ways, the steps to selling an investment property are the same as selling a home where you live: You hire an agent (here’s how to find a real estate agent in your area) who will market your property on Realtor.comĀ® and start bringing in potentia

Investing 158
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Manual income verification is killing your commissions

Housing Wire

In a market where every deal counts, manual income verification is the silent killer of commissions. You know the scenario: the borrower is solid, the property appraises and everything looks good—until income verification turns into a bottleneck. Suddenly, you’re chasing paystubs, waiting on HR reps who don’t call back and explaining delays to a frustrated borrower.

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Zillow readies for battle with Compass

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Real Estate News/Shutterstock Industry Zillow readies for battle with Compass The home search site intends to officially oppose Compass’ preliminary injunction motion by July 18. Dave Gallagher June 30, 2025 2 mins Zillow has a bit of time to argue against a possible injunction over its ban of listings that are publicly marketed but not on the multiple listing service, according to new court documen

Brokerage 148
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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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Home equity cushions homeowners against economic shocks

Housing Wire

The most recent National Mortgage Database (NMDB) Aggregate Statistics report from FHFA reveals the significant amount of home equity that American households possess. This should put an end to any discussions suggesting that the housing market is on the verge of a mass foreclosure crisis or that national home prices will crash like they did from 2007 to 2011.

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The Conclusive CRE Guide to Opportunity Zones in 2025

The Robert Weiler Company

Are you aware that you may be eligible for preferential tax treatment by investing in Opportunity Zones? You don’t even need to live, work or have a business within the area of your investment! Discover how you can use this economic development tool to benefit your bottom line for the upcoming tax season, while also […] The post The Conclusive CRE Guide to Opportunity Zones in 2025 appeared first on The Robert Weiler Company.

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How to Prepare for a Smooth Mortgage Appraisal Process

AmeriMac

Understanding the Mortgage Appraisal Process A mortgage appraisal assesses the value of your home, helping buyers and lenders understand its market worth before closing transactions. The appraisal report is crucial for loan approval and purchase decisions. Factors such as size, condition, and local market conditions are considered to ensure fairness and prevent overpaying or borrowing beyond the home’s value, maintaining balance in real estate transactions.

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Manhattan’s Luxury Housing Market Just Had One of the Best Junes on Record—Led by $20M Condo Deal in Billionaires Row Skyscraper

Realtor

Getty Images The housing market might have experienced a lackluster season hampered by stubbornly high mortgage interest rates and affordability hurdles, but Manhattan’s luxury market just had one of its best Junes in nearly 20 years. The Big Apple’s high-end condominiums, co-ops, and townhouses were in high demand in June 2025, with 153 deals valued at $4 million and up signed as of Sunday, according to the latest Olshan Luxury Market Report.

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Quantarium appoints chief strategy officer

Valuation Review

Quantarium, a company providing artificial intelligence and proprietary intellectual property for real estate technologies, recently announced the appointment of a chief strategy officer.

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Hurricane Risk Just Got Harder To Predict—and Coastal Homeowners May Pay the Price

Realtor

Warren Faidley/Getty Images As of June 30, the Department of Defense will stop using the Special Sensor Microwave Imager/Sounder (SSMIS), a tool that’s been essential for predicting hurricanes that form over open waters—where direct observations aren’t readily available. If you’re a coastal homeowner , this is a big deal. “The SSMIS contains microwave sensors that can see through clouds and capture imagery at night.

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How to select a property data provider: 6 things to consider

Clear Capital

Professionals in the mortgage, real estate, insurance, and finance industries often rely on large, primary-source datasets to evaluate homes, perform due diligence, manage risk, engage customers, and more. One of the most readily available primary-source datasets is public records property data — official legal information that is available to the public.

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We Asked AI How Much Is Needed To Buy a First Home and Fact-Checked It With Financial Experts

Realtor

Getty Images Homebuying can be a stressful and expensive undertaking, but approaching the process in a prepared manner can help alleviate any surprises—especially when it comes to having enough cash on hand to buy the piece of property you have your eyes set on. People are turning to artificial intelligence to help outline budgets, but how accurate is it?

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Homebuyer Affordability Declined Further in May

Appraisal Buzz

The national median monthly mortgage payment applied for by purchase applicants increased to $2,211 in May, up from $2,186 in April, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures homebuyer affordability. That brought the index score to 164.9 in May, up from 163.0 in April. An increase in the index score is indicative of declining borrower affordability conditions.

Inventory 195
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Trump Administration Declares Harvard in ā€˜Violent Violation’ of Civil Rights Act—Threatens Loss of Tax-Exempt Status and $500 Million Tax Bill

Realtor

Win McNamee / Scott Eisen /Getty Images (2) As the school’s famous fight song goes, “Fair Harvard holds sway”—just not with the U.S. president. Harvard is the oldest and richest university in the U.S., but the Ivy League is feeling the heat from the federal government like never before. After the university rejected his administration’s demands, President Donald Trump threatened to tax Harvard as a “political entity,” following his move to freeze $2.2 billion in fed

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ServiceLink senior VP speaks to modernizing valuation solutions

Valuation Review

Valuation Review recently spoke with Liz Green, formerly of LoanLogics and Candescent, and now the senior vice president of valuation solutions at ServiceLink. Green shared many details about her plans when it comes to digitization and modernization within the industry. Read on for the full conversation.

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NAMB issues support for CHLA white paper on LO compensation

Housing Wire

The National Association of Mortgage Brokers (NAMB) on Monday issued a letter of support for the Community Home Lenders of America (CHLA)’s white paper on LO compensation reform. CHLA ‘s white paper, released last week , urged Congress to roll back the loan originator compensation rule to focus on its original purpose — a ban on yield spread premiums (YSP), a predatory practice from the financial crisis of the 2000s in which brokers were paid extra by lenders to place borrowers in lo

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Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck

Inman

By handling every aspect of homebuying and selling, from search to financing to title and closing — Rocket aims to cut transaction costs on the median priced home in half, from $40,000 to $20,000.

Finance 139
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First Ontario, now Vancouver: Condo crisis forces developers to cut staff, sell properties

Mortgagebroker News

Industry faces "cost-of-delivery crisis" amid rising rates, stalled presales, and investor retreat

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Multi-gen mayhem: Selling a home with 4 generations of input

Inman

An organized and proactive process can help keep the peace between family members and sell your client’s home efficiently, Lindsey Harn writes.

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Zillow fires back against Compass’s claims of ā€˜irreparable harm’

Housing Wire

Zillow is not buying Compass ’s claims that its listing standards policy has or ever will cause ā€œirreparable harmā€ to the nation’s top brokerage by sales volume. On Monday, the listing portal giant filed two letters in response to Compass ’s motion for a preliminary injunction and its motion for expedited discovery. The responses come just a week after the Robert Reffkin -helmed brokerage filed its suit against Zillow , claiming that the portal has colluded with Redfin and eXp Realty on its lis

Realty 204
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Big cities drive the housing supply reset — for all the wrong reasons

Inman

The urban-suburban divide that helped define the housing market’s early pandemic boom has continued to shape its downturn and inventory rebalancing, according to an Intel analysis of hyperlocal data.

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Savannah Chrisley Reveals She’s Quitting Parents’ $1.6 Million Nashville Mansion To Move Into Condo After Their Release From Prison

Realtor

ANDREW CABALLERO-REYNOLDS/AFP via Getty Images Savannah Chrisley has revealed that she is moving out of her parents’ $1.6 million Nashville, TN, mansion and into a condo where she plans to live a “carefree life” after her mother and father were released from prison following a pardon by President Donald Trump. Todd and Julie Chrisley , who shot to fame in 2014 with their hit reality TV series “ Chrisley Knows Best ,” were found guilty in 2022 of conspiring to defrau