Trump Considers Federal Action Against Mamdani’s Pied-à-Terre Tax
Explore the implications of Trump's stance on federal intervention regarding the proposed pied-à-terre tax, impacting market dynamics and private lending strategies.
Josh Miller proposes three strategies to enhance agent technology adoption.
Miller emphasizes that the key to improving services is not just technology but aligning products with agents' existing desires and needs for efficiency.
FirstTeam Expands Its Presence with a New Office in Kansas City
FirstTeam expands into Kansas and Missouri with a new Kansas City office in partnership with Rival Real Estate, now boasting 62 offices and 2,200 agents.
July Sees a Decline in Existing Home Sales
Median existing home prices rise to $434,100, signaling potential market shifts. Discover the implications for private lenders and investment strategies.
Mortgage Insurers Encounter Expanded Safety Net Requirement for VantageScore 4.0
New guidance mandates mortgage insurers maintain a larger safety net for loans using VantageScore 4.0 compared to those with Classic FICO, impacting risk assessments.
Lenders prompted to address business challenges prior to adopting AI
Panelists at the HW AI Summit emphasized the importance of human oversight and vendor controls in AI to ensure compliance with fair lending regulations.
NAR Reports a 1.7% Decline in Existing Home Sales for July
July saw a 1.7% drop in existing home sales to 4.06 million, while the median price increased by 2.0% to $434,100. Inventory declined to 1.54 million homes.
Maryland Judge Dismisses loanDepot’s Attempt to Dismiss LO Compensation Lawsuit
A federal judge has rejected loanDepot's attempt to dismiss a class-action lawsuit claiming violations of loan officer compensation rules and borrower steering practices.
Implications of Better’s Leadership Change for NEO Home Loans and AI
At the HousingWire AI Summit, Ryan Grant highlighted how NEO's AI-driven workflow enhances underwriting efficiency and accelerates closing processes for lenders.
Compass transaction fee lawsuit may be voluntarily dismissed.
Florida homebuyers are deciding whether to withdraw a lawsuit against Compass regarding a $475 transaction fee, previously seeking class-action status.