New York City is increasing housing density, though much of the early progress stems from state law changes and rezonings that predate Mayor Zohran Mamdani’s administration. Those moves are now starting to show up in steel and concrete, even as Mamdani advances his own housing agenda. The clearest example is in Midtown South. City officials […]
NYC builds taller housing again, as state, city law reset the stage Read More »
Northwest Multiple Listing Service has filed counterclaims in federal court against Compass, alleging the brokerage’s “three-phase marketing program” is a deceptive scheme that hides listing data from the public and violates Washington’s Consumer Protection Act. In the filing, the Kirkland, Wash.-based MLS argues that Compass’ strategy of scaling so-called “pocket listings” creates a “two-tier” marketplace,
Northwest MLS accuses Compass of deceptive ‘pocket listing’ scheme in counterclaim Read More »
Better.com says that its new integration with ChatGPT is more than a flashy plugin. According to CEO Vishal Garg, it’s a tool that could shift how mortgage technology is distributed and adopted across the industry. In early March, Better announced the conversational credit decision engine that allows lenders to run underwriting through ChatGPT using its
Better bets on ChatGPT as the new front door for origination Read More »
An upcoming industry webinar hosted by the National Reverse Mortgage Lenders Association (NRMLA) aims to demystify what happens to a reverse mortgage long after closing, serving as an educational component for loan officers and the seniors they serve. The April 9 webinar, “From Boarding to Maturity: Understanding Reverse Mortgage Servicing Requirements,” will walk loan officers through the
NRMLA webinar to cover reverse servicing and maturity events Read More »
America’s largest homebuilders no longer just build subdivisions. Rather, they’re consolidating power. Scale is the new advantage, land is the new currency, and increasingly, ownership structure is the new danger. Foreign capital hasn’t pulled back from U.S. housing. It’s being organized. Japanese firms are building empires. Chinese-linked builders are hitting a wall. Texas, never hesitant
Texas SB 17 has reshaped foreign capital in homebuilding Read More »
HousingWire will host The Gathering from April 27-30 in Austin, Texas, bringing together real estate, mortgage and homebuilding executives for four days of networking and strategy sessions. Billed as “the most powerful room in housing,” The Gathering is designed for leaders across the housing ecosystem to connect, learn and work through the industry’s biggest challenges
Join the most powerful room in housing at The Gathering April 27-30 Read More »
PartnerOne has completed its acquisition of Mortgage Cadence, adding another long-standing mortgage technology platform to the portfolio of the global enterprise software group, the company announced Thursday. Terms of the deal were not disclosed. The transaction was previously announced as an agreement with Accenture to sell Mortgage Cadence, which provides a cloud-based digital lending platform
PartnerOne finalizes acquisition of Mortgage Cadence Read More »
Century 21 Integra has acquired Schaumburg, Illinois-based Realty Executives Advance — expanding its presence in Chicago’s northwest suburbs. “Bringing Realty Executives Advance into the Integra family is a natural fit,” said Jim D’Amico, owner of Century 21 Integra. “Hank (Fatoorehchi) and his team have built a strong, respected business in Schaumburg, and we’re excited to
Century 21 Integra expands Chicago presence with acquisition Read More »
Washington state is entering a new policy era with its “millionaires tax” — targeting high-income earners who shape the luxury real estate market. The law imposes a 9.9% tax on annual income above $1 million, with implementation expected in 2028 pending legal challenges. For real estate professionals, the policy could spell shifts in client behavior,
What Washington state agents are seeing with new ‘millionaires tax’ Read More »
Processing Content Key insight: Payrolls increased modestly in March, adding 178,000 new hires Supporting data: The unemployment rate held steady at 4.3%. Forward look: Concentrated hiring in certain sectors, with simultaneous layoffs in others, could test the Fed’s patience on rate cuts. U.S. job growth rebounded in March, with nonfarm payrolls rising by 178,000 after
Jobs rebound in March, unemployment at 4.3% Read More »