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 [...]
Zelman & Associates’ updated outlook signals a significant deceleration in household formation, projecting roughly 1 million net new households per year in the latter part of the decade compared with about 1.8 million earlier. That moderation materially reduces baseline demand for new housing, altering [...]
Industry guidance has clarified that lenders obtaining a one‑time waiver may continue using UAD 2.6 for a limited transitional period beyond its scheduled retirement. The move provides immediate operational relief for originators and appraisal processors that lack fully deployed system or vendor integrations, reducing [...]
Multiple Listing Services (MLSs) are signaling a coordinated defensive posture by preparing for potential litigation and establishing an MLS Cooperation Legal Defense Fund to support challenges tied to cooperation policies. The fund is positioned to underwrite legal fees, coordinate strategy across member organizations, and [...]
Speakers at the industry forum in Austin laid out practical borrower scenarios showing how older homeowners can responsibly unlock a vast pool of home equity—nearly $15 trillion—without compromising housing stability. Using real-world case studies, the presenters illustrated a spectrum of strategies that convert illiquid [...]
As lenders and investors increasingly favor programmatic, standardized inputs, the introduction of model-driven evaluations marks a step toward more consistent valuation and risk assessment across loan types. The service delivers automated valuation and risk outputs for qualified mortgage (QM), non-QM and specialty loans, packaged [...]
Court limits NYC enforcement of a state-authorized surcharge; Suffolk County suit by out-of-state plaintiffs raises lender compliance and risk concerns now.
A court has denied Zillow’s motion to dismiss after zeroing in on specific factual allegations that a judge found sufficiently concrete to let the case proceed. The opinion highlights reported referral fees in the 35%–40% range and the plaintiff’s claim that Zillow captures roughly [...]
SitusAMC’s Julia Curran frames mortgage AI as a powerful productivity tool that simultaneously magnifies existing operational risks if deployed without disciplined controls. She argues that algorithmic speed and scale can streamline underwriting, valuations and portfolio analytics, but only when models are grounded in high-quality [...]
A cooling trend in the Austin and Houston housing markets is shifting leverage toward purchasers as a spate of seller price reductions opens up previously out-of-reach listings. Reduced asking prices are expanding practical inventory, softening the frequency of competitive bidding and lengthening marketing time [...]
