Fri.Apr 18, 2025

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Beyond the deal: Marc Trachtenberg on the true value of title insurance

Housing Wire

Marc Trachtenberg chairman and CEO of Silk Title Company has spent a career in mortgage and title insurance companies finding ways to break from the status quo, creating innovative, forward-thinking solutions along the way. He doesnt plan to stop any time soon. He actively searches for new and groundbreaking ways to improve his companies and inject innovation and creativity into the industry.

Insurance 394
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PahrooZings: Appraisers on Purpose Podcast: Jonathan Miller

Miller Samuel

My friend and Chicago appraiser colleague Michael Hobbs interviewed me for a two-part podcast: “The PahrooZings Podcast showcases inspiring appraisers and professionals who are field-leaders. I met Michael through our membership in RAC , a group of the best residential appraisers in the US. Im a past president (2017-2018) and very much appreciate the knowledge and insights my membership has given me.

Appraisal 195
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WFG’s Patrick Stone has stamped his mark on real estate

Housing Wire

Patrick Stone, the founder and chairman of Williston Financial Group (WFG), is celebrating 50 years in the real estate industry a milestone that coincides with the 15th anniversary of WFG, which he launched in the wake of the Great Recession. Its surreal, Stone said. I started in April of 1975. I never thought Id still be at it five decades later, but I love this business the people, the challenge, the evolution of it all.

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10 things your broker wishes you’d learned in real estate school

Inman

Broker Joseph Santini offers 10 truths about real estate that will put you on the right track and save you some time on your path to success.

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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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FundingShield: Wire, title fraud risk hits record high

Housing Wire

Nearly half of real estate transactions reviewed in the first quarter of 2025 showed signs of potential wire and title fraud, according to a report from FundingShield. The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. It found that 46.8% of these transactions contained issues that could lead to fraud, with each problematic loan averaging 2.5 errors the highest number on record.

Insurance 342

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The 11 do’s and don’ts of buying a new build

Housing Wire

Navigating the home buying process often begins with deciding between a new build or an existing homeand while new construction offers exciting possibilities, it also comes with unique challenges. With years of experience guiding clients through the process, weve seen firsthand the most common mistakes, misconceptions and pitfalls that can turn an exciting journey into a stressful one.

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Fannie Mae Fraud and Abuse Exposed

Appraiserblogs

History of waste, fraud & abuse at this rogue organization… Fannie Mae reported this week it had fired more than 100 employees for unethical conduct, including facilitation of fraud. Expect more such news as the truth emerges about this organizations activities over the past half-decade. At the beginning of the decade, under the protective camouflage of its federal conservatorship and Covid-19, Fannie began eliminating critical checks and balances in a radical experiment with U.S. tax

Insurance 142
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New First American tool aims to flag title issues early

Housing Wire

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times. The product, called VeriTitle, provides lenders with early title status insight by analyzing property and ownership data at the start of a loan application.

Tools 354
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Delayed Marketing Exempt Listings vs. portals: Who’s right?

Inman

Real estate brokers need flexible business options to meet people where they are and help them make the decisions that work for their unique circumstances, Cara Ameer writes.

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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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Place buys Remine for $1.5 million in cash at auction

Housing Wire

Real estate technology and agent services firm Place is continuing its acquisition spree. On Thursday, the firm announced that it had purchased real estate software firm Remine for $1.5 million in cash at auction. The $1.5 million sales price is less than 3% of what four MLSs paid for the company in October 2021. The deal, which is expected to close in the next two weeks, was first reported by Inman News.

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How mortgage brokers want to ‘shape the future’ of lending

Real Estate News

At a recent Advocacy in Action conference, brokers tackled issues including VA lending practices, trigger leads and hidden borrower costs.

Lending 201
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Assessing the reverse mortgage technology landscape

Housing Wire

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much or how little technology tools can or should interact with the business. But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp. , announced that it was implementing hybrid e-closings into its reverse mortgage processes.

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First American’s New VeriTitle Solution Helps Mortgage Lenders Assess Title Conditions Earlier

Appraisal Buzz

First American Data & Analytics has launched VeriTitle, a new solution designed to help accelerate the borrowing experience by leveraging proprietary data to provide lenders with an assessment of title conditions earlier in the transaction, as soon as borrowers begin their loan applications. VeriTitle helps lenders streamline decision-making and fuels faster, more efficient closings, helping foster stronger relationships with their borrowers and grow their mortgage and home equity business,

Mortgage 195
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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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The typical homeowner saw their property tax bill rise 2.7% last year

Housing Wire

Property tax collections on U.S. single-family homes fell slightly in 2024 despite continued growth in home values , according to an analysis released Thursday by ATTOM. The report, based on tax data from nearly 86 million homes nationwide, found that $357.5 billion in property taxes were levied in 2024 a 1.6% decrease from the previous year. But the average tax bill rose to $4,172, up 2.7% from 2023.

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Applications for New Home Purchases Increased in March as Rates Drifted Lower

Appraisal Buzz

Applications for mortgages for new home purchases increased by 14% in March compared with February and were up 5.5% compared with March 2024, according to the Mortgage Bankers Associations (MBA) Builder Application Survey (BAS). The increase fit seasonal patterns and was spurred by lower mortgage rates that came during February and March. Applications for new home purchases increased in March, consistent with typical seasonal patterns and supported by mortgage rates that had been drifting lower,

Inventory 195
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NRMLA announces 2025 western, annual meeting details

Housing Wire

Less than two weeks ahead of its first in-person meeting of the year, the premiere trade association for the reverse mortgage industry has announced preliminary details for both its upcoming regional meeting and its annual meeting and expo slated for later this year. The National Reverse Mortgage Lenders Association (NRMLA) announced in a member update this week that the 2025 edition of the annual event will take place in Minneapolis, Minn. from Oct. 7-9.

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New Training Provider for LOs, Next Level Education, Leverages Advanced Tools

Appraisal Buzz

Mortgage industry veterans J.R. Huber and Debbie Gadberry have launched Next Level Education , a new training provider dedicated to empowering mortgage professionals through cutting-edge education and industry-leading expertise. The new firm leverages an advanced learning management system from Adobe, along with the full suite of Adobe tools, to deliver a more engaging and personalized learning experience, helping both new and experienced professionals enhance their skills.

Training 195
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Global title insurance market set for steady growth

Housing Wire

The title insurance industry is on track for steady expansion over the next decade, driven by surging real estate activity, advancing technology and tightening regulatory frameworks. According to Market Research Future (MRF), the title insurance market is expected to grow from $4.15 billion in 2025 to $5.69 billion by 2034, equating to a compound annual growth rate of 3.56%.

Insurance 236
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Tech Bytes: Remine sold to Place for $1.5 million at auction

Real Estate News

A quartet of MLSs paid over $50 million for the data and analytics platform in 2021. Place plans to invest in Remine, which will operate independently.

Investing 183
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March new home mortgage applications increased 5.5%

Housing Wire

The Mortgage Bankers Association ‘s (MBA) Builder Application Survey (BAS) data for March 2025 revealed that mortgage applications for new home purchases increased 5.5% compared to a year ago. Compared to last month, applications increased by 14%. By product type, conventional loans composed 49.0% of loan applications, FHA loans composed 37.0%, RHS/ USDA loans composed 0.9% and VA loans composed 13%.

Mortgage 200
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People on the Move at NAR, Christie’s, Realfinity and more

Real Estate News

Elizabeth Ranno to drive education and engagement efforts at NAR; Christies announces a new EVP of affiliate services; Kris Pope to lead growth at Realfinity.

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Private listing portal ban fallout, reaction, forms: Inman Top 5

Inman

Looking for a quick catch-up on the buzziest stories of the week? Heres Inman Top 5, the most essential stories, according to Inman readers.

Realty 155
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MLS that quit enforcing Clear Cooperation gets back on board

Real Estate News

The Park City Board of Realtors says the delayed marketing option and more context from the DOJ eased its concerns about the controversial policy.

Realtors 156
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The revolution will be televised: Software’s remaking of real estate

Inman

Tune in to Inman Access to learn more about the end-to-end transparency potential of the latest software and tech advances with Docusign CEO Allan Thygesen.

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John Millen Promoted to Senior Vice President of Business Development

Lamacchia Realty

John Millen Promoted to Senior Vice President of Business Development April 16, 2025 Yesterday at Lamacchia Re altys mont hly company-wide updates meeting, Anthony Lamacchia announced that effective immediately John Millen was promoted to Vice President of Business Development. This well-deserved promotion serves as recognition of Johns dedication to growing the company and supporting agent success.

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Bright MLS CEO: Time for fence-sitting is over. It’s time to decide

Inman

If youre arguing for secrecy in a marketplace that is built on trust and efficiency, Bright MLS CEO Brian Donnellan writes, then maybe its not the model thats outdated maybe its the mindset.

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John Millen Promoted to Vice President of Business Development

Lamacchia Realty

John Millen Promoted to Vice President of Business Development April 16, 2025 Yesterday at Lamacchia Re altys mont hly company-wide updates meeting, Anthony Lamacchia announced that effective immediately John Millen was promoted to Vice President of Business Development. This well-deserved promotion serves as recognition of Johns dedication to growing the company and supporting agent success.

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Zillow Group’s Samuelson defends, clarifies listing ban in blog post

Inman

Zillow Group Chief Industry Development Officer Errol Samuelson took to LinkedIn on Friday to clarify how the company's listing ban applies to Delayed Marketing Exempt Listings and chastise those who spread "misinformation" about the policy.

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10 Recession-Proof Short-Term Rental Markets You Should Be Watching

BiggerPockets

Ask one person; were already deep into a recession. Ask someone else; the economys finejust dont check your 401(k).

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Holly Parker sues Douglas Elliman over $1.5M clawback dispute

Inman

Parker alleges the brokerage, which she departed in February after 25 years, is demanding $1.5 million in clawbacks while refusing to pay commissions on deals that closed after her move to Compass.

Brokerage 124
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April 2025 Housing Market Update: Prices to Weaken, Buyers Get Better Bargains

BiggerPockets

Home prices could weaken, bringing big bargains to patient buyers whove been sitting on the sidelines.