Sat.Apr 26, 2025 - Fri.May 02, 2025

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From survival to strategy: The mortgage industry’s call for purpose-driven leadership

Housing Wire

If the mortgage industry had a mantra at the start of last year, it was something like: Just survive to get to 2025. With high rates keeping volume low, everyone was cinching their belts and feeling the pain but yet, hope remained, fueled by predictions of pending interest rate cuts that would bring welcome relief to all. But now heres 2025, and its clear that mortgage rates arent falling the way wed hoped, and the market is going to take more time than we thought to find its new normal.

Mortgage 322
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Is There Ever a RIGHT Time for a Trainee?

Appraisal Buzz

In this episode, were talking trainees when to bring one on and why a slower market might actually be the perfect time to do it. Jim and Hal are joined by first-time guest Becky Johnson, founder of the popular Facebook group Appraiser Trainees Learning Together. Becky shares insights from her recent NAA Appraiser Focus article, her journey into the appraisal world, and what shes learned after recently stepping into the role of supervisor herself.

Appraisal 369
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House Sharing is Not Just for Young Adults

Eyes on Housing

A record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023.

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Howard Hanna agrees to settle commissions lawsuit

Real Estate News

The Gibson case continues, however, with Crye-Leike and a Warren Buffet-owned company still pushing back, and other settlements facing challenges.

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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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NRMLA co-chair outlines reverse mortgage advocacy plan

Housing Wire

The reverse mortgage industrys premier trade association held its first event of 2025 this past week. While the mood was generally upbeat among the roughly 150 attendees who made the journey to Irvine, California, for the event hosted by the National Reverse Mortgage Lenders Association (NRMLA), there was also an acknowledgement of challenges faced by the industry when it comes to getting the word out about reverse mortgages.

Mortgage 438

More Trending

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NAR hate speech policy poised for disruption under Texas Senate bill

Inman

Under Senate Bill 2713, professional organizations like the National Association of Realtors would be prohibited from denying membership based on speech violations, regardless of existing bylaws.

Realtors 167
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People on the Move: New execs at HomeServices, RE/MAX

Real Estate News

Alex Seavall expands his title after almost six years as HomeServices CFO, while Candace Adams fills the vacant EVP role. At RE/MAX, a new SVP comes on board.

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eXp Luxury announces seller financing partnership

Housing Wire

eXp Luxury , the upscale division of real estate brokerage eXp Realty , is teaming with MORE Seller Financing to give luxury home sellers new tools to attract buyers and improve listing performance in a high interest rate environment. The partnership, announced this week, will give eXp Luxury agents access to the MORE Seller Bridge Loan Program a short-term seller financing option that lets sellers convert their existing low-rate mortgages into income after selling their home. “Luxury sel

Sellers 448
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NAR: March Pending Home Sales Saw Biggest Increase Since December 2023

Appraisal Buzz

Pending home sales increased 6.1% in March compared with February but were down 0.6% compared with March 2024, the National Association of Realtors (NAR) reports. It was the largest month-to-month increase since December 2023. The Northeast experienced month-over-month losses in transactions, while the Midwest, South and West saw gains, which were most substantial in the South.

Contracts 195
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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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A ‘herky jerky’ start to the spring buyer season isn’t deterring agents

Inman

Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better.

Buyers 173
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‘It’s a new day’ at RE/MAX, CEO declares

Real Estate News

CEO Erik Carlson said numbers were higher than expected though U.S. agent count fell significantly calling 2025 a year of transition for the brand.

Agents 145
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Agents share dueling opinions on off-market listings

Housing Wire

Industry debate around off-market listings or pocket listings has become increasingly heated. For some agents , these private transactions are tools of exclusivity and strategy. For others, theyre a disservice to sellers and a potential breach of fiduciary duty. Four agents with strong opinions; Isom Coleman in Sacramento, Calif.; Kevin Dombrowski in Arlington Heights, Ill.; Jaymes Willoughby in Austin, Texas; and Jovanka Novakovic in Chicago, offered contrasting views on the practice.

Agents 402
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Mortgage Applications Fell Last Week as Economic Uncertainty Persists

Appraisal Buzz

Mortgage application volume fell 4.2% during the week ended April 25, as the average rate for a 30-year, fixed-rate mortgage dipped slightly to 6.89%, down from 6.90% the previous week, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Applications for refinances decreased 4% compared with the previous week but were up 42% compared with the same week one year ago.

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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Naples estate shatters Florida home sale record with $225M sale

Inman

A sprawling waterfront estate in Naples, Florida, has shattered records with its $225 million sale, making it the most expensive residential transaction in state history and the second-priciest in the country, the Wall Street Journalreported Friday.

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Sellers are out of sync with buyers on pricing

Real Estate News

Years of rapid home price growth have trained sellers to price high, but the market has shifted, leading to a widening gap between seller asks and buyer offers.

Sellers 301
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The key to mortgage rates: Fed phone calls?

Housing Wire

Todays jobs report showed positive growth, with 177,000 jobs added and an unemployment rate of 4.2%. Mortgage rates went up a tad today, but the spreads improved, which was a positive. As market drama calms down, we should see some improvement with the spreads, something I discussed in this recent episode of the HousingWire Daily podcast. While this is encouraging, the Federal Reserve focuses on broader indicators that have economic implications, particularly in light of potential high-velocity

Mortgage 377
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Mortgage Rates Decreased This Week, Average Rate for 30-Year Fell to 6.76 Percent

Appraisal Buzz

Mortgage rates decreased this week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.76%, down from 6.81% last week, according to Freddie Macs Primary Mortgage Market Survey (PMMS). A year ago at this time the average rate for a 30-year was 7.22% Mortgage rates again declined this week, says Sam Khater, chief economist for Freddie Mac, in a statement.

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Houston’s ‘Darth Vader House’ sold for $3.4M, is set to be rebranded

Inman

Mexican sculptor Enrique Cabrera purchased the property known as the "Darth Vader House" for $3.4 million and plans to transform it into an artistic landmark of its own creation.

Realty 158
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Is it starting to look rosy for buyers this spring?

Real Estate News

A new Bright MLS survey suggests a rise in inventory is making it easier for buyers to find their next home.

Buyers 283
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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

Foreclosure auction activity across the U.S. rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com. Completed foreclosure auctions were up 20% from the previous quarter and up 4% from a year earlier, despite some mid-quarter softening.

Buyers 363
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ATTOM: Home Sellers Made Less Profit on Average in Q1

Appraisal Buzz

Homeowners who sold their homes during the first quarter on average made less profit compared with those who sold in the fourth quarter and first quarter of 2024, according to ATTOM. The firms U.S. Home Sales Report shows that homeowners who sold in the first quarter made, on average, a 50.2% profit down 3.2 percentage points from the previous quarter and down 4.8 percentage points from the first quarter of 2024.

Sellers 195
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Trending: Fewer humans, more messages and maybe a Reels app?

Inman

Jessi Healey explores the rise of virtual influencers, Metas shifting platforms and how real estate pros can keep showing up in a less human but more connected digital world.

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Mortgage rates tick down — but will the drop entice buyers?

Real Estate News

A rise in inventory is giving homebuyers more choices, but economic uncertainty and affordability continue to drag on sales.

Buyers 267
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Title companies fighting cybercrime to protect the American dream

Housing Wire

Real estate transactions typically involve large sums of money, which makes them an attractive target for cybercriminals who use wire fraud and business email compromise (BEC), a scheme where legitimate business email is compromised to convince unwitting victims to transfer funds, as their favored tactics. The FBIs Internet Crime Complaint Center (IC3) report found BEC scams resulted in losses of $2.9 billion in 2023.

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MBA: CRE Borrowing and Lending Jumped 16 Percent in 2024

Appraisal Buzz

Total commercial real estate (CRE) mortgage borrowing and lending reached an estimated $498 billion in 2024, a 16% increase compared with 2023 but a decrease of 39% compared with 2022, according to the Mortgage Bankers Association. The associations latest Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation tracked $411 billion in loans closed by dedicated commercial mortgage bankers in 2024 a 34% increase compared with 2023.

Lending 195
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Pending home sales jump as buyers eye lower mortgage rates

Inman

According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February only saw a modest 2 percent uptick.

Buyers 145
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Compass digs in heels on ‘seller choice’ amid legal wrangling

Real Estate News

The brokerage continues to position office exclusives as pro-consumer, but declined to elaborate on what it hopes to gain through its lawsuit against NWMLS.

Legal 240
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Howard Hanna reaches settlement in Gibson commission lawsuit

Housing Wire

After a drawn-out legal battle, Howard Hanna Real Estate Services has reached a settlement in the Gibson commission lawsuit. A court notice filed on Friday stated that attorneys for Howard Hanna Holdings Inc. and the plaintiffs had reached an agreement in principle to settle all claims against the Pittsburgh-based brokerage. The settlement which still requires court approval asks to stay all further proceedings related to Howard Hanna while the proposed settlement moves through the approval pr

Legal 382
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UWM Brings its Servicing In-House, Signs Deal to Use ICE Mortgage Technology’s MSP

Appraisal Buzz

United Wholesale Mortgage (UWM) is bringing its servicing in-house and has signed a long-term agreement to license ICE Mortgage Technologys MSPloan servicing system. Selecting MSP will allow UWM to bring its servicing operations in-house with a modern, comprehensive solution that streamlines the entire servicing process, ICE says in a release. Operating exclusively through the wholesale channel, UWMs shift to in-house servicing will enable it to curate a homeowner experience that yields increase

Mortgage 195
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Media expertise is a competitive edge: Publisher, TV host

Inman

By embracing branding principles, storytelling techniques, PR strategies and leveraging AI, Angela Yungk writes, real estate agents can establish a competitive edge that extends far beyond transactions.

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‘Unfiltered’: The inside scoop on Zillow’s new listings rules

Real Estate News

Watch the conversation with Zillow exec Errol Samuelson as he goes deep into the what and why behind the portals divisive move.