The real estate listing portal space has generated its fair share of headlines over the last several months. While Zillow, Homes.com and Redfin have been stealing most of the spotlight, Realtor.com has also issued some announcements of its own. HousingWire recently caught up with Realtor.com CEO Damian Eales to chat about the portal space and […]
Realtor.com CEO Damian Eales on portal strategy and MLS ties Read More »
Cypress, California-based LenderMac Holdco LLC has agreed to acquire Direct Mortgage Corp. in a move aimed at expanding its geographic footprint and building a multichannel mortgage platform, the companies announced Tuesday. Financial terms of the deal were not disclosed. “This acquisition represents an important step in our long-term growth strategy,” Kenneth Jo, CEO of LenderMAC,
California-based LenderMac to acquire Direct Mortgage Read More »
AI-powered mortgage underwriting platform Friday Harbor announced Tuesday the launch of a new set of tools called Income and Asset Sandbox, which are designed to help loan officers structure income and asset decisions earlier in the origination process. The tools allow lending teams to test how different income streams, assets and supporting documents affect a
Friday Harbor adds income and asset scenario testing for LOs Read More »
Intercontinental Exchange Inc. (ICE) is seeing an “overwhelmingly positive” response from mortgage servicers in response to its newly updated MSP platform user interface, as servicers view the update as the first step in a broader push toward automation and AI-driven efficiencies. The update marks the first phase of a broader modernization of ICE’s MSP, highlighted by
ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey Read More »
The Campaign for Accountability (CfA), a nonpartisan watchdog group, has filed a lawsuit against the Federal Housing Finance Agency. The group alleges the FHFA failed to comply with a Freedom of Information Act (FOIA) request that sought access to a report prepared by FHFA Director Bill Pulte about Federal Reserve Chair Jerome Powell. CfA submitted
Watchdog lawsuit seeks FHFA records tied to Powell subpoenas Read More »
Houlihan Lawrence is strengthening its presence in Yonkers, New York, with the addition of eight new agents, according to an announcement on Tuesday. Among these additions is the Vision Alliance Team, led by Rahhim and Tara Shillingford. Rahhim Shillingford is the former principal broker of Vision Alliance Realty in the Bronx. This is the first
Houlihan Lawrence hires 8 agents in NYC push Read More »
Georgia affordable housing developers revived an effort to amend the state constitution to shield their properties from steep property tax hikes. State Rep. Shaw Blackmon, chairman of the House Ways & Means Committee, and State Rep. Rob Leverett officially introduced a constitutional amendment on Monday. It proposes treating low-income housing tax credit properties as a
Georgia lawmakers revive push for LIHTC property tax protection Read More »
The Real Brokerage is strengthening its presence in the luxury housing market of The Woodlands, Texas. The firm announced Tuesday that Haley Garcia and her five agent team Garcia Real Estate Group are making the move to Real after leaving Keller Williams Realty – The Woodlands. The team will be joining Real Luxury, the firm’s
Real Brokerage adds Haley Garcia team in The Woodlands Read More »
Each year, HousingWire’s Rising Stars award recognizes housing professionals ages 40 and under who are driving measurable results across mortgage, real estate and homebuilding. But the real story often unfolds after the recognition — when honorees leverage the recognition to scale teams, refine processes and deepen their industry influence. Ryan Kearns, managing member and loan
Rising Star Ryan Kearns on scaling a mortgage brokerage Read More »
The average top-tier mortgage rates made it back to 5.99% yesterday for the first time since January 9th and only the second time in more than 3 years. With rates holding perfectly steady today, this is the 3rd day that matches that multi-year low. In one important way, the past 2 days represent a bigger
Mortgage Rates Match Multi-Year Low For 2nd Straight Day Read More »