New York City advances nearly 4,000-unit redevelopment in Lower Manhattan.
Nearly 4,000-unit Lower Manhattan project, including about 1,000 rent-stabilized homes, scale, affordability and cashflow implications for private lenders.
Liability for faulty listings rests with the agent, not the AI.
An industry report shows that 48 percent of Realtors now use artificial intelligence regularly, signaling a clear transition from experimentation to operational adoption across brokerage workflows. The statistic reflects AI’s growing role in sourcing and screening listings, personalizing client outreach, automating document preparation and [...]
Freddie Mac Revises M-Deal Structure for $284M Housing Securitization.
Private lenders Freddie Mac's $284M M-Deal backs 3,008 units across 19 affordable properties, using a revised structure aligned with other securitizations
Gen Z and Millennial homebuyers are more willing to cut spending.
Willingness to make affordability-related compromises varies significantly across local markets, driven by a mix of income levels, housing supply, and prevailing financing conditions. In high-pressure markets buyers are more likely to accept smaller living spaces, longer commutes, or higher mortgage costs to secure ownership, [...]
California revises a key foreclosure rule, and lenders should note AB 1957.
AB 1957 post-foreclosure bidding reforms: key changes, effective timing, and practical implications for private lenders, servicers, and trustees. Guidance.
Stellar MLS enters Hernando County, Florida through a merger.
The Florida-based MLS has expanded its operational footprint to cover more than nineteen counties and now supports approximately seventy-five thousand customers through twenty affiliated associations across Florida and Puerto Rico. That scale shifts the service from a regional listing platform to a meaningful data [...]
UWM broadens underwriter responsibilities with the Underwriting+ program.
Pilot loans averaged 8.3 days from submission to clear-to-close and required 2.1 underwriting touches per file indicating improved throughput and efficiency.
Polly expands agentic AI capabilities for mortgage capital markets.
A company claims lenders can be moved from onboarding to a verified, production-ready environment in four to six weeks, positioning the offering as a rapid-deployment solution for mortgage origination and servicing workflows. The assertion suggests a packaged approach — likely combining prebuilt connectors, configuration [...]
NAR’s AI strategy: Real estate groups should back licensee oversight laws
Support penalties and enforcement when autonomous systems perform regulated lending without a licensed professional accountable, reducing lender risk. now.
DRB Group will launch two mortgage joint ventures.
DRB Group is expanding into branded mortgage origination with the introduction of two new lending platforms, DRB Mortgage and DRB Home Loans, launched in collaboration with mortgage partners Acrisure Mortgage and Alta Home Lending. The initiative reflects a strategic effort to embed mortgage solutions [...]