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February 2026

Restitution checks possible for some reverse mortgage borrowers after CFPB action

CFPB, HWmember, Legal, Mortgage Servicing, Novad Management Consulting, Regulatory Compliance, Reverse, Reverse Mortgage Daily, Sutherland /

Reverse mortgage borrowers whose loans were previously serviced by U.S. Department of Housing and Urban Development (HUD) subcontractor NOVAD Management Consulting LLC may receive reimbursement checks in the mail following a 2024 enforcement action brought by the Consumer Financial Protection Bureau (CFPB). The National Reverse Mortgage Lenders Association (NRMLA) notified its members on Friday morning in […]

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Judge denies Compass injunction against Zillow listing policy

Brokerage, Clear Cooperation, Compass, HWmember, Legal, Real Estate, Robert Reffkin, Zillow /

A New York City-based U.S. District Court judge has denied Compass’s preliminary injunction motion in its antitrust lawsuit against Zillow.  As a result of Judge Jeannette Vargas’ ruling, Zillow may continue enforcing its listing access standard policy, which bans listings from its site that have been publicly advertised for more than one business day prior

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Redfin rolls out ChatGPT app for real estate searches

Artificial Intelligence, ChatGPT, HWmember, MLS/Associations, Real Estate, Redfin, Rocket Companies, Technology, Zillow /

Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT.  The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to their home search parameters and chat with the

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Foreign investors keep U.S. real estate moving

Canada, Contributors, HWmember, Investment Properties, Investors, Mortgage Rates, Non-QM, Opinion, Real Estate /

While many of the latest conversations around the U.S. real estate market have focused on affordability and interest rates, one segment continues to move forward: foreign investors. While domestic buyers remain more cautious, investors from abroad are driving much of the transaction volume in many U.S. markets. One reason is that foreign buyers view risk,

Foreign investors keep U.S. real estate moving Read More »

‘Your listing, your lead’ isn’t the problem — professionalism is

Agent, Contributors, Homes.com, HWmember, Opinion, Real Estate, Real Estate Listings /

It’s a story of frustration that many buyers and agents can relate to. Buyers repeatedly reaching out to listing agents to see properties, only to receive no response. Calls go unanswered, questions linger and access to homes stalled. That frustration is real and deserves acknowledgment. Consumers should expect timely communication and professional conduct. Where the

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Rocket, Redfin air first joint Super Bowl ad

HWmember, Marketing, Mortgage, Redfin, Rocket Companies /

Rocket Companies and Redfin on Thursday unveiled a Super Bowl commercial centered on community and the importance of neighborliness, marking the companies’ first shared national ad and Redfin’s first appearance in a Super Bowl broadcast since the company’s founding 20 years ago. The 60-second spot, titled “America Needs Neighbors Like You,” will air during the

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Will New York’s manufactured housing law reshape home financing?

Affordability, Affordable housing, Manufactured Housing, Policy, The Builder's Daily /

New York Gov. Kathy Hochul signed a long-awaited state law designating manufactured housing as real estate in December. In the 11 months ahead, the question is whether the newly enacted measure can deliver on its promised mortgage-style financing or stalls amid legislative rulemaking. Regulators, lenders, and manufactured housing advocates will spend this year working out

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Brown Harris Stevens names Maggie Ross to lead Brooklyn sales

Brokerage, Brooklyn, Brown Harris Stevens, Compass, HWmember, New York City, People Movers, Real Estate /

Brown Harris Stevens (BHS) is welcoming Maggie Ross as its new managing director of sales for the firm’s Brooklyn operation, according to an announcement on Wednesday.  Prior to accepting this position at BHS, Ross was an associate real estate broker at Compass.  In her new role at BHS, Ross will be tasked with overseeing all

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MBA, lenders rally behind Housing for 21st Century Act

Affordable housing, Housing markets, Originations, Politics and policy /

As the House prepares to vote next week on the Housing for the 21st Century Act, mortgage industry groups are lining up in support of a bill that bundles a wide range of changes to housing finance, federal oversight and development policy. Processing Content The Mortgage Bankers Association on Friday urged lawmakers to pass the

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