Tue.Jun 10, 2025

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Prefab tiny homes: Here’s what you need to know – Part 2

Housing Wire

With housing costs soaring, many homeowners are looking for creative ways to maximize their property value while providing additional living options. ADUs offer a flexible, cost-effective way to generate rental income, accommodate aging family members, or even provide young adults with an independent living space—all without the need for costly relocations or massive new developments.

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Mortgage Credit Availability Now at Highest Level Since August 2022

Appraisal Buzz

Mortgage credit availability increased 2.1% in May compared with April, rising to a score of 105.1 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). “Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season,” says Joel Kan, vice president and deputy chief economist for the MBA, in a stateme

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House Democrats call for more action on US housing crisis

Housing Wire

As the economic situation for many Americans continues to evolve due in part to the cost of housing, one Democratic member of the House of Representatives used her time on the floor Tuesday to call for more action to address rising housing expenses. Rep. Shontel Brown (D- Ohio ) on Tuesday introduced a House Resolution calling for “urgent, coordinated federal action to address the nation’s worsening housing crisis by preserving and expanding access to affordable housing,” according to a statemen

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Real estate investors are unloading homes at record clip to stem losses

Inman

In 2024, investors drove 11 percent of all U.S. home sales — the highest share in more than two decades. That translates to nearly 509,000 properties sold, according to data released Tuesday by Realtor.com.

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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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Former CFO sues Real Brokerage, alleges discrimination

Housing Wire

The former chief financial officer of cloud-based real estate firm The Real Brokerage has filed a federal lawsuit alleging she was pushed out of the company after becoming pregnant and taking maternity leave. Michelle Ressler, who was relieved of her role as CFO in April, claims in the suit that Real orchestrated her termination under false pretenses and replaced her with a less qualified male employee.

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Mortgage credit availability rises to highest level in nearly three years

Housing Wire

Mortgage lenders increased their credit supply in May 2025 to the highest level in almost three years, according to data released Tuesday by the Mortgage Bankers Association (MBA). “Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement.

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Over 2.5 million claims filed in commissions lawsuits

Real Estate News

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Industry Over 2.5 million claims filed in commissions lawsuits Based on the number of claims filed by the May 9 deadline, each home seller could receive around $250 from the over $1 billion settlement fund. Dave Gallagher June 10, 2025 2 mins While the numbers are still being finalized, it appears home sellers who filed a claim in the buyer agent commissions lawsuits will each receive around $250.

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Rocket Pro announces partnership with Vetted VA

Housing Wire

Rocket Pro is partnering with Vetted VA , which provides education to veterans and training to loan officers to give veterans better access to home loan benefits. The partnership, announced on Tuesday at The Gathering by HousingWire , will involve the training of Rocket staff and LOs by Vetted VA so the lender can better serve the veteran community.

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Zillow Rentals launches artificial intelligence-fueled chatbot EliseAI

Inman

Zillow Rentals has partnered with third-party artificial intelligence company, EliseAI, to power its chatbot for renters and property owners. EliseAI will answer questions, schedule tours and send automatic follow-ups to renters.

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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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Shant Banosian’s first 100 days as Rate’s president: ‘It’s been everything’

Housing Wire

In March, Shant Banosian, the No. 1 loan originator in the country by volume for at least five years, was announced as the new president of Rate Mortgage. Rate — previously known as Guaranteed Rate until its 2024 rebrand — ranked No. 8 on Inside Mortgage Finance ’s list of top originators with just under $40 billion in volume last year. Banosian led the company’s Boston-based team for more than a decade, originating more than $2 billion in 2021 alone.

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Brad Loe joins Corcoran Group to head Chelsea Flatiron office

Inman

Loe has more than two decades of industry experience and most recently served as executive vice president and director of sales at Berkshire Hathaway HomeServices New York Properties.

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With rate lock activity up, Optimal Blue introduces automated refi tool

Housing Wire

Amid expectations that interest rate declines may reignite refinance activity , Optimal Blue on Monday launched a new tool that automatically analyzes loan officer portfolios each month to identify recapture opportunities. The tool is designed to ensure loan officers are ready when refinance volume picks up. While refinances declined in May from the prior month, Optimal Blue data released on Tuesday shows a significant year-over-year increase.

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Real estate AI increasingly blurs the lines between humans and tech

Inman

Real estate companies are rolling out AI assistants with human names and attributes. The tools are increasingly blurring the lines between what tech can do — and what it is.

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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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Lock volume sinks as high mortgage rates crush refinancing activity

Housing Wire

Rising mortgage rates are beginning to take a toll on rate-lock activity. According to a report from Optimal Blue, total rate-lock volume in May decreased by 5.87% compared to last month, driven by a 255 basis-point drop in refinance application pull-through to 62.3%. Mortgage rates popped back up to 7% in the aftermath of the new global tariff regime announced by President Donald Trump on April 2, as it tanked stock markets, the bond market and the dollar all at once.

Mortgage 260
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Ben Panunzio Joins Lamacchia Realty as Assistant Regional Manager

Lamacchia Realty

Ben Panunzio Joins Lamacchia Realty as Assistant Regional Manager Lamacchia Realty is pleased to welcome Ben Panunzio , previously a REALTOR® with the company, to the management team as Assistant Regional Manager. With over s ix years of experience as a successful real estate agent, Ben brings a deep understanding of the industry and a passion for agent development.

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Legacy Group Capital expands consumer financing solutions

Housing Wire

Legacy Group Capital on Tuesday at HousingWire’s The Gathering announced the expansion of its suite of consumer financing solutions. Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market.

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Appraisals 101: Tips for First-Time Cleveland Home Buyers

Cleveland Appraisal Blog

I was in the waiting room, waiting while our youngest son was having his wisdom teeth pulled. One of the dental assistants told me she was very nervous because she was buying her first home. After congratulating her, I mentioned that I am a real estate appraiser and appreciate the anxiety of buying your first home. She asked me if I could offer some tips.

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Lamacchia Realty Announces Top Producing REALTORS® for May 2025

Lamacchia Realty

Lamacchia Realty's Top Producing REALTORS® for May 2025! Lamacchia Realty, Inc. has released its “Top Producing REALTORS®” for May 2025! This program recognizes the Top 10 REALTORS® company-wide with the highest transaction numbers AND sales volume for the month! May 2025 Winners of the Top 10 for the Company are: (IN ALPHABETICAL ORDER BY LAST NAME) AJ Bruce  is a seasoned real estate professional with a proven track record of success and a passion for helping clients achieve their homeownershi

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MLS PIN deal wins court approval after DOJ backs off — for now

Inman

The $3.95 million settlement in the Nosalek case removes the option to display compensation to buyer brokers via the MLS and goes up for final approval in September.

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Longbridge goes beyond reverse with Figure partnership, new ‘HELOC for Seniors’

Housing Wire

Reverse mortgage lender and servicer Longbridge Financial , a no. 2 industry player in reverse-backed securities issuance and one of the top two providers of proprietary reverse mortgage loans, is expanding its product suite beyond government-backed and proprietary reverse mortgages while remaining focused on older customers. It’s doing so with the launch of a new home equity line of credit ( HELOC ) option specifically for customers ages 62 and older.

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California broker challenges NAR rule over dues for non-members

Inman

Modesto broker John Diaz took aim at NAR, CAR and two local organizations for the creation and enforcement of the Variable Dues Formula, which he claims is illegal and anticompetitive.

Law 160
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Toronto's condo market nightmare could be spreading to Vancouver

Mortgagebroker News

Investor demand for condos is plummeting in Vancouver's city centre, raising fears of a Toronto-type crisis

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You’re not just a real estate agent – you’re a business

Inman

One-size-fits-all answers just don't cut it in this highly complex market. Start thinking bigger, and build the business of your dreams, Coldwell Banker Warburg's Kevelyn Guzman writes.

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Average rental costs continue to slide across Canada, offering some relief for hopeful homebuyers

Mortgagebroker News

CONTINUE TO SITE CONTINUE TO SITE US CA AU NZ UK NEWS MORTGAGE INDUSTRY Business growth Guides Industry moves Industry news Industry trends Market updates BEST IN MORTGAGE SPECIALTY Alternative lending Broker insights Commercial Investment Reverse TV RESOURCES Premium content CMP Talk E-mag Events White papers Mortgage Broker Software Reviews SUBSCRIBE Industry Trends Average rental costs continue to slide across Canada, offering some relief for hopeful homebuyers May decline represents the eigh

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NAR has made some big changes this year. What’s your take? Pulse

Inman

From marketing to commingling to hate speech, it's been a big year of change at the National Association of Realtors. What's your take on the changes they've made?

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As trigger leads ban inches closer, MBA’s Broeksmit talks deregulation, conservatorship

Housing Wire

Goodbye, trigger leads? It’s not quite done yet, but a key House committee on Tuesday is expected to pass H.R. 2808, a bill to curb abusive mortgage trigger leads. In a conversation with HousingWire ’s Sarah Wheeler at The Gathering , the head of the Mortgage Bankers Association (MBA) said the move has “been a long time coming ” and will benefit the consumer.

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Leading Lehigh Valley indie joins Coldwell Banker Hearthside

Inman

Boutique firm Acre & Estate has joined Coldwell Banker Hearthside. The merger extends Coldwell Banker Hearthside's reach from 11 to 14 offices throughout Pennsylvania and New Jersey.

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How This 22-Year-Old Bought a Duplex with 5% Down and Zero Experience

BiggerPockets

He had no money, no experience, and no idea how to renovate a house… but he still pulled off two real estate deals by 22.

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Christy Rabe’s Platinum Realty Group joins forces with BHGRE

Inman

Better Homes and Gardens Real Estate is strengthening its footprint in California through the addition of Better Homes and Gardens Real Estate Platinum Realty Group, a boutique brokerage based in Tehachapi, California, the firm announced Monday.

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MLS PIN deal approved after long-fought battle with DOJ

Real Estate News

A Massachusetts judge granted preliminary approval on June 10, nearly two years after a proposed settlement drew intense scrutiny from the Justice Department.

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Canada's housing market isn't just Toronto – and many regions are doing fine

Mortgagebroker News

An obsessive focus on the 'bonkers' Toronto crisis is painting an incomplete picture of Canada's housing market, brokers say