Fri.May 16, 2025

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Redfin: Buyer’s agent commissions largely unchanged after NAR settlement

Housing Wire

Real estate commissions for buyers agents have remained relatively stable since new rules from the National Association of Realtors (NAR) took effect in 2024, according to a new report from Redfin. Buyers agents earned an average commission of 2.40% on U.S. home sales during the first quarter of 2025. That figure is slightly higher than the 2.37% average recorded in the fourth quarter of 2024 and the 2.36% in the third quarter when the NAR settlement changes began to roll out.

Agents 323
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Buyer agreements don't lead to lower commissions, Fed finds

Real Estate News

Research based on three decades of data suggests rising home prices are a more likely factor, which aligns with current reports on post-settlement compensation.

Buyers 292
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Reverse mortgage LOs share appraisal challenges at NRMLA event

Housing Wire

Reverse mortgage originators often remain a key point of contact for their clients from initial consultation to long after the loan closes. But getting to the closing table can come with its own set of unique challenges, whether it comes from rules that govern the Home Equity Conversion Mortgage ( HECM ) program or the potential bias of an appraiser.

Appraisal 302
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Zillow soft launches ‘offer strategies’ feature on listings

Real Estate News

The tool shows home shoppers four different offer scenarios and the odds of each being accepted along with the option to connect with a partner agent.

Tools 247
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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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7 best real estate schools in New Jersey (NJ) for 2025

Housing Wire

Many of the best real estate schools in New Jersey real estate schools are designed around the understanding that many aspiring NJ real estate agents live near New York or Pennsylvania, and therefore want the option to conduct business in these states. If that sounds like you, you’ve come to the right place! Weve done the extensive research for you to determine the top New Jersey real estate schools for your prelicensing education and beyond.

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The only remedy to build more homes? Lower mortgage rates

Housing Wire

Todays housing starts report clearly shows that to build more homes, we will need lower mortgage rates. Without lower rates, housing permits which are already at COVID-19 recession levels are at risk of dropping even lower. A few months ago, San Francisco Fed President Mary Daly said that builders have come off the sidelines to build more homes after the Fed cut rates last year.

Mortgage 414
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Lone Wolf Technologies to wind down popular LionDesk CRM

Inman

Lone Wolf began notifying customers of the popular customer relationship manager software's imminent shutdown "a few weeks ago," Lone Wolf CEO Jimmy Kelly told Inman exclusively.

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Rising days on market is ‘toxic’ for ultra-luxury listings

Housing Wire

Homes exposed to more days on market through the MLS are a point of reckoning for those opposed to the Clear Cooperation Policy as they claim it drives down sale prices. And in at least one segment of the national housing market , there appears to be a strong correlation between how long a property is listed and its sale price. According to Concierge Auctions ‘ 2025 Luxury Homes Index, the key factor in determining what price an ultra-luxury property will sell for is the number of days it

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Tech Bytes: Virtuo concierge for buyers makes its move into the US

Real Estate News

The Canada-based company will triple down in Texas, targeting homebuilders as it adds operations in Dallas, Austin and Houston.

Buyers 151
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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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Buyer rep agreements don’t change commission rates: Fed study

Housing Wire

Buyer representation agreements have no impact on real estate agent commissions, according to a report published this week by researchers at the Federal Reserve. The report examined commission rates advertised to buyers agents through data from CoreLogic (which recently rebranded as Cotality ). This includes the CoreLogic House Price Index and CoreLogic Market Trend reports, which covered roughly 50% of properties listed nationwide from 1995 to 2023.

Buyers 340
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Single-Family Starts Down on Economic and Tariff Uncertainty

Eyes on Housing

Economic uncertainty stemming from tariff issues, elevated mortgage rates and rising building material costs pushed single-family housing starts lower in April. Overall housing starts increased 1.6% in April to a seasonally adjusted annual rate of 1.36 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S.

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Selene appoints new President and Chief Strategy Officer to drive next phase of growth

Housing Wire

Selene, a provider of industry leading loan servicing , diligence and title solutions, today announced the appointments of Jocelyn Martin-Leanoas President, Selene Finance and Doug Whittemore as Chief Strategy and Growth Officer for all Selene Holdings business lines, effective immediately. In these roles, Martin-Leano will oversee all Selene Finance operations and Whittemore will focus on Selenes product development and company growth, as well as client and industry relations.

Clients 305
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Rocktop Technologies Acquiring Incenter Capital Advisors

Appraisal Buzz

In a move that will expand its MSR market reach and deepen its data-driven capital markets capabilities, Rocktop Technologies , a technology and AI-enabled solutions-as-a-service firm with deep legal and mortgage capital markets expertise, is acquiring consultancy Incenter Capital Advisors for an undisclosed sum. In a release, Rocktop says the deal will enable it to raise the bar for transparency, execution and performance in MSR and whole loan trades, as it unites its proprietary data and docum

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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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IMBs narrow losses even as mortgage production falls

Housing Wire

Mortgage companies delivered a pretax net loss of $28 per loan in the first quarter of 2025, reflecting an improvement in financial performance compared to a $40 loss in the previous quarter. The data, released on Friday, comes from a Mortgage Bankers Association (MBA) report covering 332 independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks.

Mortgage 266
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Mortgage Bankers Association Onboards Kaitlin Hildner as AVP of Loan Administration Policy

Appraisal Buzz

Kaitlin Hildner has joined the Mortgage Bankers Association (MBA) as associate vice president of loan administration policy. Hildner previously served as a senior policy advisor for the U.S. Department of Treasury, Financial Stability Oversight Council Secretariat. Prior to that she held ascending roles at the Federal Housing Finance Agency (FHFA) and previously served in research associate and assistant roles at the Urban Institute, the University of Colorado Law School, and the Piton Foundatio

Mortgage 195
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Rocktop Technologies acquires Incenter Capital Advisors, plans to expand MSR reach

Housing Wire

Rocktop Technologies LLC , a technology and artificial intelligence -enabled solutions-as-a-service firm, announced the acquisition of Incenter Capital Advisors , which provides advisory services in the trading and pricing of mortgage servicing rights (MSRs) and post-transactional support in the transference of these assets. The acquisition, announced on Friday, unites Rocktops data and document infrastructure that supports valuation , transaction and portfolio management, AI-powered automation

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Housing Starts Were Lackluster in April as Builders Grappled With Economic Uncertainty 

Appraisal Buzz

Housing starts increased slightly in April, as builders continued to face significant economic uncertainty due to tariffs, in addition to supply and labor headwinds. Starts were at a seasonally adjusted annual rate of 1.361 million in April, an increase of 1.6% compared with March but down 1.7% compared with April 2024, according to estimates from the U.S Census Bureau and the U.S.

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Anywhere taps Vectara to overhaul title workflows

Housing Wire

Anywhere Integrated Services (AIS), a division of Anywhere Real Estate , has selected artificial intelligence company Vectara to streamline its title creation process and centralize document retrieval systems. AIS which supports brands including Century 21 , ERA Real Estate and Sothebys International Realty plans to use Vectaras platform to address inefficiencies in title searches and reduce reliance on fragmented AI tools.

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Buyers gain upper hand as Canadian spring housing market stalls

Mortgagebroker News

What strategies should buyers consider?

Buyers 85
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Lone Wolf’s LionDesk CRM platform to be discontinued

Housing Wire

Lone Wolf Technologies is reportedly discontinuing LionDesk, the customer relationship management (CRM) platform it acquired in 2021. LionDesk will remain operational through September, giving users time to migrate their data and transition to Lone Wolfs new CRM known as Relationships. Customers will be able to transfer their contacts and are being offered accounts with full migration support, Lone Wolf CEO Jimmy Kelly told Inman.

Realtors 206
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Keller Williams isn’t slowing down on inclusion: Natalie Davis

Inman

Newly minted Keller Williams Head of Community Growth Natalie Davis talks about diversity and how childlike curiosity is key to maintaining an inclusive brokerage culture.

Brokerage 156
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MBA brings on Kaitlin Hildner in policy role

Housing Wire

The Mortgage Bankers Association (MBA) announced on Friday afternoon that Kaitlin Hildner has joined the association, taking on the role of Associate Vice President of Loan Administration Policy. In her role, Hildner will help lead the development and implementation of MBA’s strategy on legislative, regulatory and other industry issues related to loan administration and mortgage servicing.

Law 206
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Serhant’s diss, Homes.com’s boost, Caballero’s record: 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.

Business 155
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Fiona Campbell announces retirement after nine years of service at Manulife Bank

Mortgagebroker News

Leadership change at Manulife Bank follows $3.

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Inman On Tour Returns to Texas on Oct. 9, 2025

Inman

Inman On Tour Texas is back for 2025, bringing together the industrys top agents, brokers and thought leaders for a one-of-a-kind event.

Agents 154
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Home Prices Are Dropping: How to Find Great Deals in YOUR Market (Rookie Reply)

BiggerPockets

Home prices are seeing some serious cutsbut is this happening across all markets, and what does it mean for new investors?

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Redfin shareholder sues for more information on Rocket merger

Inman

Lawsuit seeks class action status to represent Redfin shareholders, claiming they need more information about financial advisor's potential conflict of interest before June 4 merger vote.

Law 149
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Canadian banking forum spotlights AML, compliance challenges

Mortgagebroker News

Real estate finance and enforcement agencies address complex fraud and cross-border threats

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The spring sizzle fizzles: Economic jitters chill buyer demand

Inman

Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin.Pending homes sales declined 3.4 percent year over year during the four weeks ending May 11, marking the lowest level for this time of the year since 2020.

Buyers 146
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First-time buyer mortgage fraud on the up – broker vigilance urged

Mortgagebroker News

A growing number of first-time buyers and Canadians without an existing mortgage are falsifying documents or submitting incorrect information

Buyers 53
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Real estate agent commissions are not falling off a cliff

Inman

A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year's NAR rules have had minimal impacts on agent pay.