Tue.Apr 08, 2025

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UWM and Google announce AI partnership

Housing Wire

UWM’s Jason Bressler and Google’s Oliver Parker United Wholesale Mortgage (UWM) , the top mortgage lender in America, on Tuesday announced a strategic AI agreement with Google Cloud that the companies say will bring modernization to the mortgage industry. The partnership will see UWM blend Google Clouds advanced AI and data analytics capabilities with the lender’s technical solutions to create a faster, more intuitive and streamlined mortgage process.

Tools 497
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Home Auction Buyer Optimism Hits Three-Year High 

Appraisal Buzz

Auction.com has released its 2025 Buyer Insights report , showing buyers of distressed properties at auction are the most optimistic they have been in three years when it comes to expectations for property purchases in the coming year, while becoming less bearish about home price appreciation and rents. Based on a February 2025 survey of more than 350 Auction.com buyers, the survey also found that 26% of auction buyers describe themselves as owner-occupants, double the share from a year ago.

Buyers 389
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Mortgage rates sharp reversal as market go wild

Housing Wire

The past few days have been highly turbulent for the stock and bond markets, resulting in dramatic shifts in mortgage rate pricing. When chaos enters the marketplace, it quickly makes its presence felt. This is a critical moment for all of us to stay informed and navigate these challenges together. I’ve been concerned over the past few days, emphasizing that without the recent tariff news , we likely wouldnt have seen mortgage rates drop to a year-to-date low last week.

Marketing 501
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Meet MortgagePoint’s Tech Excellence Award Recipients: Part IV

Appraisal Buzz

Recognizing the most innovative technology providers in the mortgage industry, MortgagePoints Tech Excellence Awards highlight the companies that have developed cutting-edge solutions, improved operational efficiencies, and have enhanced the mortgage process through technology. These organizations are on the cutting edge of serving the mortgage, real estate, or housing markets, providing technology or software designed to serve those markets.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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Changes are underway as MLSs implement NAR’s new CCP policy

Housing Wire

When the National Association of Realtors (NAR) announced its new Multiple Listing Options for Sellers policy, which created the new category of delayed marketing exempt listings, executives at the Illinois-based MLS Midwest Real Estate Data (MRED) were excited that the national trade group was finally coming in line with what they have been doing for years.

Sellers 347

More Trending

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Refi activity surged in March, and non-agency loans are picking up steam

Housing Wire

A strong wave of refinance activity and renewed buyer interest lifted mortgage rate lock volumes in March, according to Optimal Blues latest Market Advantage report. Data shows a 24% monthly jump in overall lock activity, driven by falling interest rates and the start of the spring buying season. While total mortgage volume remains down 2% compared to the same time last year, purchase lock activity also saw a 21% monthly increase.

Buyers 343
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Fannie Mae lays off 100 workers citing unethical conduct

Inman

Fannie Mae has confirmed the dismissal of over 100 employees in connection with a fraud scheme aimed at its charitable matching program.

Business 146
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Fairway announces ‘hybrid e-closings’ for reverse mortgages

Housing Wire

Despite long maintaining a reputation as being behind the times of technology development whether that is due to a perception of being slow-to-adopt emerging technologies, or due to regulatory compliance concerns one top 10 reverse mortgage lender has now rolled out hybrid e-closing processes for its Home Equity Conversion Mortgage (HECM) business.

Mortgage 339
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Where Buyers & Sellers Can Get the Best Bang for Their Buck

Appraisal Buzz

This spring, there are more opportunities for homebuyers than in previous years, according to a new Zillow study. With over a million homes for sale countrywide in February, the largest since before the epidemic, they have more options. Affordability is becoming better: Home values arent increasing quickly, and mortgage rates are at their lowest point of the year.

Sellers 260
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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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Truework appoints Randy Lightbody to newly-created head of mortgage role

Housing Wire

Income verification Truework today announced the appointment of Randy Lightbody as its head of mortgage, a position that the company describes as being “newly created.” With more than 35 years of experience spanning mortgage banking and financial technology, Lightbody most recently served as chief revenue officer at Computershare Loan Services.

Mortgage 362
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Fannie Mae shakeups continue with ‘unethical conduct’ firings

Real Estate News

Over 100 employees have been fired since FHFA Director William Pulte began his tenure, the agency announced, while Pulte took to X to highlight other cuts.

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Kirsten Jordan brings her $100M team to Corcoran

Housing Wire

Top New York City-based broker Kirsten Jordan and her team are making the move to Corcoran. On Tuesday, Jordan announced that she and her medium-sized team were leaving Douglas Elliman. “I am strategically evolving my team to continue thriving in today’s landscape, Jordan said of her move. Partnering with Corcoran will take my business to the next level.” In 2023, The Kirsten Jordan Team , which then consisted of 10 agents, recorded 74 transaction sides for a total volume of $1

Clients 322
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Choice Mortgage Group Adds Brian Mozley as Chief Growth Officer

Appraisal Buzz

Seasoned mortgage and financial services executive Brian Mozley has joined Choice Mortgage Group , a full-service mortgage lender, as chief growth officer. Mozley has two decades of industry experience and a track record of building strong, productive relationships to support scalable growth. He is former president of Albuquerque, N.M.-based Financial Mortgage Solutions, which was acquired by Choice Mortgage Group.

Mortgage 195
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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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Empower Mortgage names Goertzen chief growth officer

Housing Wire

Empower Mortgage , part of the Equity Prime Mortgage family of brands, has appointed Rogelio Goertzen as its chief growth officer. He will drive the wholesale lender’s strategic expansion, fostering greater financial inclusion for Hispanic, Latino and other underserved communities. Goertzen, the founder of Hispanic Organization of Mortgage Experts (HOME), said in a statement that for many first-generation Americans, homeownership represents more than just buying a house. “Its a symbo

Mortgage 322
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Almost Half of the Owner-Occupied Homes Built Before 1980

Eyes on Housing

Around 48% of the U.S. housing stocks dates back to the 1980s and earlier. The median age of owner-occupied homes has climbed to 41 years in 2023, up from 31 years in 2005 according to the latest data from the American Community Survey[1]. The U.S. owner-occupied housing stock has aged rapidly particularly, particularly since the.

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Survey: One in three first-time homebuyers regret purchase

Housing Wire

A new survey by Guardian Service reveals that many first-time homebuyers regret buying a home and are grappling with unexpected costs and emotional stress, factors that often turn the dream of homeownership into a difficult reality. According to the report, 31% of first-time homebuyers experienced remorse after buying their first home, and 9% felt they shouldnt have bought it at all.

Buyers 253
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CoStar reshapes board, sharpening focus on Homes.com success

Real Estate News

The moves, part of a deal with investors, also include the creation of a special committee to review brand investments and international expansion plans.

Investors 159
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The Real Brokerage is banking on ‘pure tech innovation’

Housing Wire

While many brokerage leaders experiment with reimagined commission models and marginal tweaks, The Real Brokerage is playing a different game altogether. Most companies in our space focused on reworking the business model, says CEO and founder Tamir Poleg. Were going deep into pure tech innovation. That focus on technology is what Poleg says will propel the firm’s growth.

Brokerage 284
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EXIT Realty settles in Gibson commissions case

Real Estate News

Details of the deal were not disclosed in the April 8 filing. Meanwhile, a few of the remaining defendants are trying to get the judge removed from the case.

Realty 148
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Some Social Security recipients were falsely told their benefits had stopped, senators say

Housing Wire

Last week, beneficiaries of the Social Security Administration (SSA)s Supplemental Security Income (SSI) program were erroneously told that they were no longer receiving benefits, and could no longer access account history through the programs online portal. This is according to reporting at CBS News , as well as a letter from a coalition of Democratic senators to Lee Dudek, acting commissioner of social security.

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Rocket’s acquisition spree: Power grab or survival play?

Real Estate News

Rockets recent acquisitions of Redfin and Mr. Cooper could pose threats to IMBs, mortgage brokers and agents alike.

Agents 148
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HomeServices strikes deal with Zillow to provide listing tools to agents

Housing Wire

HomeServices of America and Zillow are teaming up to bring HomeServices agents Zillows AI-powered Showcase tools. In an announcement on Tuesday, the companies said that agents at all of HomeServices of Americas companies will have access to Zillow Showcase. At HomeServices of America, we believe in empowering our clients when it comes to marketing their home, and were excited to bring the Zillow Showcase offering to our agents, Chris Kelly, the executive vice president of HomeServices of America

Tools 221
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Flipping a House Checklist: Steps to Sell for Maximum Profit

Listing Spark

You got a great deal on an investment property. You spent countless hours going back and forth with contractors and subcontractors. You’ve matched and picked out paint, the perfect paint. You’ve pulled teeth to get permits. All the new appliances are in and the final touches to the landscaping have been made. It’s time to cash in on all of your hard work and reap the rewards of your flip.

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Join GoFormz at Field Service Palm Springs 2025

GoForrmz

Were attending the Field Service Palm Springs 2025 event will we see you there? Were excited to announce that GoFormz will be attending Field Service Palm Springs! Join us from April 22 to April 24th at the JW Marriott Desert Springs, to explore how GoFormz can create seamless, automated workflows that transform your field service operations through accurate, digital data collection.

Tools 78
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9 Lamacchia Realty REALTORS® Named in 2025 Boston Agent Magazine Who’s Who

Lamacchia Realty

9 Lamacchia REALTORS Named in 2025 Boston Agent Magazine Who's Who 9 REALTORS from Lamacchia Realty have been recognized in Boston Agent Magazine’s prestigious 2025 Who’s Who list! This annual feature celebrates standout agents, brokers, and affiliates who consistently deliver exceptional service, expert guidance, and stress-free experiences for their clients.

Realty 67
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UWM and Google Cloud announce ‘strategic’ AI mortgage partnership

Inman

Nation's largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support.

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Lamacchia Realty Announces Top Producing REALTORS® for March 2025

Lamacchia Realty

Lamacchia Realty's Top Producing REALTORS for March 2025! Lamacchia Realty, Inc. has released its Top Producing REALTORS for March 2025! This program recognizes the Top 10 REALTORS company-wide with the highest transaction numbers AND sales volume for the month! March 2025 Winners of the Top 10 for the Company are: (IN ALPHABETICAL ORDER BY LAST NAME) Laurie Howe Bourgeois , a licensed REALTOR since 2000 with over 650 successful sales, joined Lamacchia Realty Leominster in 2019.

Realty 56
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Unlock automated appraisal review with ClearCollateral® Review on the Encompass Partner Connect™ API Platform available through ICE Mortgage Technology®

Clear Capital

Our automated appraisal review platform, ClearCollateral Review, is now available through the Encompass Partner Connect API Platform. Read on to learn more about ClearCollateral Review, Encompass by ICE Mortgage Technology, and other Clear Capital products that are available through the platform. What is ClearCollateral Review? ClearCollateral Review is an automated appraisal review platform that centralizes all the data necessary for underwriters to ensure the appraisal is compliant and satisfi

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What the Last Six Recessions Say About Today’s Housing Market

BiggerPockets

What will likely happen to real estate during the next recession? I cannot see the future, and Im sure to be wrong.

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March 2025 Home Data Index Market Report

Clear Capital

The March 2025 Home Data Index (HDI) Market Report shows national quarter-over-quarter home price growth is at 0 percent. Download the report , or read it below. Commentary by Brent Nyitray of The Daily Tearsheet Home prices were flat quarter-over-quarter (QoQ) in March, according to the Clear Capital Home Data Index. On a year-over-year (YoY) basis, prices rose 4.7%.

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How Does a 1031 Exchange Work?

BiggerPockets

One of the most widely known tax hacks in the real estate investing world is the 1031 exchange.