Major MLSs Reach Agreement to Share Data Collaboration
CRMLS, Bright MLS, and Stellar MLS initiate data sharing, enhancing access for 300,000 agents. This collaboration strengthens market insights and efficiency.
Law Firm and Trade Groups Seek Supreme Court Review of New York Foreclosure Law
The groups contend that FAPA's ambiguity infringes on due process and takings clauses of the U.S. Constitution, raising concerns for private lenders.
The Rise of Custom GPTs in Real Estate and How to Create One
Explore insights from Rajeeva Sajja on creating custom GPTs for Realtors, featuring an accessible step-by-step workflow for agents to enhance their business.
Capital One Closes Discover’s Home Equity and Refinancing Operations
Capital One Financial Corporation is exiting the home equity and refinance markets following its acquisition of Discover Financial Services, reshaping industry dynamics.
Future Actions of Fed Chair Jerome Powell Regarding Rate Cuts
Anticipation builds around Fed Chairman Jerome Powell's next move after the jobs report and trade deal deadlines, impacting interest rates and lending.
Rising Locked Loan Volume Amid Declining Mortgage Rates
Total lock volume rose by 1.95% compared to May, following a decline of 5.87% in April, indicating shifting trends in mortgage lending activity.
Pulte announces immediate acceptance of VantageScore 4.0 by GSEs.
Fannie Mae and Freddie Mac will now accept the VantageScore 4.0 credit model, while still using tri-merge scores from three bureaus for evaluation.
Mortgage Rates Decline Slightly, Yet Policy Stalemate Sustains Elevation
Federal Reserve support through lower benchmark rates seems unlikely as traders expect the federal funds rate to hold steady at 4.25%-4.5% this month.
NorthstarMLS Rejects Exempt Listings for Delayed Marketing Practices
The Minnesota MLS adopts NAR’s mandatory Multiple Listing Options policy but will continue to exclude delayed listings, impacting private lender strategies.
Waltz secures an additional $25M to enhance global real estate investment.
The company aims to enhance its capacity, supporting up to $1 billion in loan volume, responding to increased foreign interest in U.S. real estate.