Mon.Mar 17, 2025

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Pulte makes sweeping changes to boards of GSEs

Housing Wire

Not wasting any time following his Senate confirmation last week, Federal Housing Finance Agency (FHFA) Director Bill Pulte made a series of major changes to the boards of government-sponsored enterprises Fannie Mae and Freddie Mac according to filings with the Securities and Exchange Commission (SEC). The news was first reported by Inside Mortgage Finance.

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Homeowners Have Gained Nearly $300B in Home Equity

Appraisal Buzz

CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. CoreLogics HER shows that U.S. homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.

Mortgage 286
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Will home prices fall in 2025 with more inventory?

Housing Wire

Fluctuating interest rates have been a feature of the housing market over the last three years. As mortgage rates rose, homebuyer demand slowed and inventory grew. In 2025, mortgage rates have stayed stubbornly high for yet another spring buying season. Today, home sales still remain super slow. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions.

Inventory 392
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Black Homeownership Makes Gains, But Still Lags Behind Other Cohorts 

Appraisal Buzz

Although homeownership rates are rising for Americans of all races, specific challenges still exist for Black Americans. Experts in real estate are stepping in to assist purchasers in overcoming those hurdles. According to the National Association of Realtors (NAR) 2025 Snapshot of Race and Home Buying in America , the Black homeownership rate in the U.S.saw the largest year-over-year rise among racial groups in 2023, but it still lags well below the White homeownership rate.

Buyers 243
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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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The rise and fall of great real estate brokerage firms

Housing Wire

Paul Kennedys 1987 book The Rise and Fall of the Great Powers examined how dominant world powers reached extraordinary global influence, only to experience significant declines often due to shifting economic conditions. A similar pattern has been observed in the corporate world, with companies like Sears , IBM , General Motors , and Kodak rising to dominance before losing their leadership positions.

Brokerage 341

More Trending

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Ginnie Mae challenges TCB expert’s testimony in HMBS case

Housing Wire

In the ongoing lawsuit by Texas Capital Bank (TCB) seeking to recoup assets related to an extinguished reverse mortgage securities issuer, Ginnie Mae has fired back by continuing to seek a summary judgment. The government contended that the banks recent supplement to the record of expert testimony is not appropriate or useful for the court, according to filings obtained by HousingWire s Reverse Mortgage Daily (RMD).

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APIs Transform Mortgage Servicing Operations From the Ground Up

Appraisal Buzz

Most mortgage lenders have already embraced automation in their operations. Digital loan applications, automated underwriting, and electronic closings have become standard practice. Yet many lenders still struggle with a critical challenge: getting their various technology systems to work together seamlessly. The reality is that modern mortgage operations run on multiple platforms loan origination systems, servicing software, payment processing tools, and customer relationship management system

Mortgage 195
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NRMLA requests WA Senate amend foreclosure bill to reflect reverse mortgage laws

Housing Wire

A bill being deliberated in the Washington State Senate regarding a foreclosure mediation program would except reverse mortgage borrowers over the age of 61. However, this would not include slightly younger borrowers seeking a proprietary reverse mortgage within the state, and the National Reverse Mortgage Lenders Association (NRMLA) has requested that the bill be updated to encompass these borrowers.

Law 363
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Relocation Appraisals: The Power of Market Analysis

Appraisal Buzz

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! Read all these articles and more in the latest edition HERE. If you want to make sure you are receiving the print version of the Appraisal Buzz magazine in your mailbox, sign up HERE.

Appraisal 186
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Ohio Realtors’ President Michelle Billings on building client relationships

Housing Wire

In this weeks episode of the RealTrending podcast, host Tracey Velt sits down with Ohio Realtors President Michelle Billings , an agent at Coldwell Banker Realty in Montgomery, Ohio. They explored affordability issues in today’s real estate market and how agents should leverage their knowledge for success. Billings has over 23 years of experience as real estate professional.

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How Is the D.C. Rental Market Weathering Mass Federal Layoffs? 

Appraisal Buzz

Rents in the District of Columbia fell during most of 2024 due to an increase in new construction, yet the median rent increased 2.7% year-over-year to $2,325 in February 2025 after three months of declines, all per a new report from Redfin. Its too early to tell how the expected mass federal layoffs will impact the D.C. market; if a significant number of workers move away, expect rents to drop.

Marketing 195
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A growing Fannie Mae “blacklist” is paralyzing home sales

Housing Wire

A growing problem is preventing condominium owners from selling their properties. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. If a condo is on this list, its significantly harder for prospective buyers to get a mortgage, making it nearly impossible to sell.

Insurance 316
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Share of Mortgages in Forbearance Fell Slightly in February But Was Up Year-Over-Year

Appraisal Buzz

The share of mortgage loans in forbearance decreased by 2 basis points month-over-month to 0.38% of servicers portfolios as of February 28, according to the Mortgage Bankers Associations (MBA) monthly Loan Monitoring Survey. Thats down from 0.40% of servicers portfolio volume in January. The MBA estimates that 190,000 homeowners were in forbearance plans, as of the end of February.

Mortgage 195
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Homebuilders face rising risk unless mortgage rates fall

Housing Wire

At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding industry is essential.

Mortgage 328
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Modeling the Time? Pt 17

George Dell

In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?

Valuation 195
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William Raveis settles the commission lawsuits

Housing Wire

William Raveis has added its name to the ever growing list of brokerage defendants who have settled the commission lawsuits. Last Wednesday, the east coast-based firm filed a joint motion with the Gibson plaintiffs to stay proceedings and deadlings related to William Raveis in the Gibson suit due to a successfully negotiated settlement. The settlement terms and financial amount have not yet been disclosed.

Brokerage 314
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Billion-dollar mergers, upheaval and a real estate reckoning

Inman

Billion-dollar deals arent just making headlines; theyre reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer in the game.

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Plaintiffs in lead gen fraud suit against Move forced into arbitration

Housing Wire

The National Association of Realtors (NAR) currently has a lot on its plate from the ongoing debate over its Clear Cooperation Policy , to the current uptick in industry consolidation but the Bandy fraud lawsuit is no longer its concern. Earlier this month, Judge Stanley Blumenfeld dismissed NAR , along with News Corp. and Move subsidiaries Move Sales, Inc., OpCity, Inc., OpCity Acquisition, LLC, RIN , and RealSelect from the suit.

Realtors 270
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$10M-plus deals in Manhattan hit biggest week since December

Inman

There were 11 contract signings at $10 million-plus last week, and the city's priciest closing was on a downtown condo that sold in an off-market deal for $60 million.

Contracts 154
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NAR: Black homeownership is on the rise, but a large racial gap remains

Housing Wire

While the white homeownership rate still leads all racial groups in the U.S., Black homeowners have had some significant gains recently. The Black homeownership rate saw the largest year-over-year increase of all racial groups in 2023, according to data released Monday by the National Association of Realtors (NAR). But this growth was also hampered by consistent challenges.

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The proptech startup media guide: Where to focus your marketing 1st

Inman

Marci James' Proptech Marketing Guide series kicks off with a starter for leveraging owned media channels and promoting your business.

Marketing 156
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Kickback accusations nothing more than government abuse and overreach, Pennsylvania mortgage brokerage says

Housing Wire

More state attorneys general are getting in on the Real Estate Settlement Procedures Act ( RESPA ) action. In mid-January, Pennsylvanias former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group , Conquest Mortgage , Flagship Home Loans , Legacy Mortgage Partners , Nittany Home Loans , MCT Financial , Conquest Holdings and Newhart Holdings.

Brokerage 254
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ProTip: Setting a Numeric Keyboard as Default for a Field

GoForrmz

Originally published on 11/05/2015 Using mobile forms? Check out this hidden trick to streamline your form-filling experience When creating digital forms for business operations, such as an employee evaluation template or a digital invoice , optimizing the user experience is essential. One often overlooked way to streamline form completion is setting the correct default keyboard for template fields.

Business 109
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SERHANT.’s new $500M Phoenix team marks its first expansion in the west

Housing Wire

Ryan Serhant is headed west. His eponymous brokerage SERHANT. has entered Phoenix with the addition of a collection of brokerages that have closed more than $500 million in sales volume over the last 12 months. The move brings on more than 50 new agents, and they launched with 100 listings. It marks SERHANT.s first entry into the western region, with more to come.

Brokerage 214
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Women, Wealth and Real Estate: Anna Uliassi on crafting a legacy

Inman

Coach Melanie Klein shares how buying a small condo on a budget set this real estate professional up for long-term investor success and financial independence.

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Ardley named winner of TMC’s Mortgage Tech Demo Day

Housing Wire

The Mortgage Collaborative ‘s ( TMC ) Emerging Technology Fund hosted its seventh annual Mortgage Tech Demo Day (MTD) on March 16 at the collaborative’s Live Large, Think Big! conference in Arlington, Texas. Sponsored by Docutech , MTD allows early-stage mortgage tech companies to showcase their technology to industry leaders, investors and venture capitalists.

Mortgage 262
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Arizona marks 1st move beyond East Coast for SERHANT.

Inman

The new market is launching with over 50 agents who represent more than $500 million in sales volume over the past 12 months and who will offer more than 100 listings to start.

Agents 136
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Xactus launches open API portal

Housing Wire

Verification technology company Xactus on Monday announced the launch of its open API portal, which allows partners to access integration rules that enable a faster, easier way to integrate their own tools or platforms with Xactus360, an Intelligent Verification Platform (IVP). Launching our open API portal is a major milestone in Xactus journey to becoming a true fintech.

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DOJ still unhappy with Nosalek settlement

Real Estate News

This week the federal agency weighed in again on the 5-year-old case, arguing that revisions to the 2023 deal are only cosmetic.

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Open API Portal Launched by Verifications Solutions Provider Xactus

Appraisal Buzz

Xactus , which offers verification solutions for the mortgage industry, has launched an open API portal, allowing partners to easily access integration rules which enable a faster, easier way to integrate their own tools or platforms with the Xactus360 verifications platform. Launching our open API portal is a major milestone in Xactus journey to becoming a true fintech, says James Owens, chief technology officer of Xactus, in a release.

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Selling patterns are shifting — but spring is still best

Real Estate News

Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.

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Fetch Agent promises to catch ‘motivated buyers’

Inman

Fetch Agent calls itself a cutting-edge platform that humanizes the house-hunting experience by seamlessly connecting homebuyers directly with buyers agents to find their next home.

Buyers 90