CRMLS rejects Compass demands and establishes legal defense fund.
CRMLS rebuffs Compass over cooperation rules and creates an MLS Legal Defense Fund — potential effects on listing access referral flows & transaction risk.
Federal judge denies Zillow’s motion to dismiss agent antitrust case.
Judge rejects Zillow motion in agent antitrust suit alleging referral system channels agents to Zillow Home Loans and Follow Up Boss; private lender impact
AI-native Elio Mortgage raises $5.1 million and plans national expansion.
Elio Mortgage raised $5.1M pre-seed to build an AI-native mortgage platform and expand nationwide—private lenders: seek tech-enabled origination investors
Valera Homes opens four residential communities in Greater Houston.
Valera Homes debuts four Greater Houston communities targeting first-time and value-conscious buyers; model homes opening soon, with entry-level new homes.
A developing Super El Niño could affect the housing market
Private lenders: focus exposure review as California and Gulf Coast are primary impact zones; emphasize collateral inspections, insurance and regional caps.
One in five sellers cuts prices amid retreating buyer demand.
One in five sellers cut prices as inventory rises and pending sales fall, signaling softer comps, heightened lending risk/ opportunity for private lenders.
CHLA supports Pulte’s proposal for GSE credit score disclosures.
An industry letter to the Federal Housing Finance Agency argues for expanding the scope of loan- and borrower-level information disclosed in mortgage-backed securities pools to sharpen market transparency and improve pricing precision. The correspondence contends that more granular, standardized data would enable investors to [...]
Older home sellers require clear guidance, not faster closings.
National Association of Realtors data identifies a mid-sixties median seller profile, while supplementary research flags a different outcome for homeowners who sell later in life. Sellers in their seventies are more likely to realize lower returns, with two recurring drivers: a higher incidence of [...]
Garg claims majority support to retake control, oust Better directors.
The proposed plan seeks the removal of five directors from the company’s board, explicitly naming interim CEO Daniel Lewis among those targeted. Such a concentrated board turnover constitutes a dramatic governance intervention that could force a rapid reassessment of strategy, oversight and executive authority. [...]
CMLS CEO Jessica Edgerton urges an embrace of complexity at Open House.
Edgerton’s announcement of a new broker membership tier at CMLS represents a deliberate recalibration of how broker services and access are packaged within an established industry forum. Framed as a membership innovation, the move signals a strategy to segment the broker market by needs [...]