AI-native Elio Mortgage raises $5.1 million and plans national expansion.
Elio Mortgage raised $5.1M pre-seed to build an AI-native mortgage platform and expand nationwide—private lenders: seek tech-enabled origination investors
CHLA supports Pulte’s proposal for GSE credit score disclosures.
An industry letter to the Federal Housing Finance Agency argues for expanding the scope of loan- and borrower-level information disclosed in mortgage-backed securities pools to sharpen market transparency and improve pricing precision. The correspondence contends that more granular, standardized data would enable investors to [...]
Older home sellers require clear guidance, not faster closings.
National Association of Realtors data identifies a mid-sixties median seller profile, while supplementary research flags a different outcome for homeowners who sell later in life. Sellers in their seventies are more likely to realize lower returns, with two recurring drivers: a higher incidence of [...]
Garg claims majority support to retake control, oust Better directors.
The proposed plan seeks the removal of five directors from the company’s board, explicitly naming interim CEO Daniel Lewis among those targeted. Such a concentrated board turnover constitutes a dramatic governance intervention that could force a rapid reassessment of strategy, oversight and executive authority. [...]
Judge denies Zillow’s motion to dismiss antitrust lawsuit.
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 [...]
Choice market emerges as sellers face rising price pressure.
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 [...]
NRMLA to pursue HECM insurance changes after Ginnie Mae remarks.
NRMLA pushes HUD/FHA to lower upfront mortgage insurance for federally insured reverse mortgages; potential impact on private lenders' pricing and risk...
Is technology changing the economics of mortgage lending?
AI is reshaping mortgage economics by automating repetitive tasks, accelerating underwriting and enabling finer-grained risk segmentation, which can compress cycle times and reduce manual expense. Realizing those gains requires more than deploying models: it demands enterprise-grade data hygiene, interoperable systems and disciplined validation to [...]
Realtracs expands its Tennessee presence via RCAR and GSMAR.
Two regional associations have completed staged activations on a shared mortgage services network, with the most recent go‑live bringing a substantial membership block into the platform. The additional 1,700 members materially increase the system’s user base, strengthening network effects that boost data liquidity and [...]
Mortgage rates have surged; what is next for the housing market?
Mortgage markets saw a pronounced pullback in weekly origination activity as effective borrowing rates clustered near 7.5% amid elevated intraday and interweek volatility. At those levels, both rate-sensitive refinance pipelines and marginal purchase demand compressed: potential buyers delayed shopping and existing borrowers shelved refinance [...]