Open Real Estate widens listing access and levels brokers’ opportunities.
The project plans a database with UI and APIs, and is soliciting vendor proposals to build the platform.
Most San Francisco homes sell above asking as California market diverges.
92% of San Francisco single-family homes sold above asking while California sales fell and nearby prices eased. Lenders and servicers should monitor risk.
An overview of Open Real Estate.
Leaders say local MLS governance remains in place as Open Real Estate prepares for a Q1 2027 rollout.
HEIs could gain market share as mortgage rates stay high, says Splitero
Michael Gifford outlines how HEIs and rising securitization demand could lower pricing over time amid regulatory uncertainty.
Apartment CLO loans account for 80% of delinquent debt in five states.
Trepp analysis finds apartment CLO loans make up 12.2% of balances but 80.2% of delinquent multifamily debt across five large states.
Orchid Island Capital Posts $179M Loss as MBS Hit Book Value
Orchid Island Capital reported a $178.9 million quarterly loss driven by $231.7 million valuation and trading losses on mortgage securities and hedges.
Senior housing pipeline lists 88,283 planned units; occupancy exceeds 90%.
88,283 planned senior-housing units across 214 markets; constrained construction and 90.4% occupancy highlight demand stability and lending opportunities..
Mortgage rate lock-in persists, analysis finds.
A recent analysis found that 65.6% of outstanding mortgages carried interest rates below 5%. That concentration of low-coupon legacy loans is producing pronounced rate lock-in, dampening refinance activity and weakening turnover in the purchase market. Originators and brokers face a narrower pool of borrowers [...]
Long Island Realtor association’s merger faces court challenge.
A complaint alleges that a HANFRA membership vote produced 43 affirmative votes, short of the 55-vote threshold required by the organization's bylaws. That discrepancy, if borne out, undermines the procedural basis for any action purportedly authorized by the vote and elevates the matter from [...]
Bay Area ADU initiative could pave the way for aging in place.
Officials are conducting a search for an administrator to guide participants through a prescribed process, signaling a move toward centralized oversight and coordinated execution. In mortgage and housing contexts, appointing an administrator typically establishes a single point of contact to manage enrollment, consolidate documentation, [...]