April 2026

Ashton Woods puts pace over margin in a choppy housing market

In today’s challenging homebuilding environment, builders are often presented with a lesser-of-evils choice: maintain a strong sales pace at the expense of slimmer margins, or sacrifice market share in favor of higher profitability.  Multi-regional private homebuilding powerhouse Ashton Woods chose the former, increasing its community count and maintaining its sales and closings pace, according to […]

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Rocket moves to dismiss RESPA suit, citing safe harbor and lack of injury

Detroit-based Rocket Companies this week moved to dismiss a lawsuit alleging violations of the Real Estate Settlement Procedures Act (RESPA), arguing that plaintiffs failed to demonstrate injury, relied on claims beyond the one-year statute of limitations and did not sufficiently plead unjust enrichment. The class-action suit, filed in late January, alleges that homebuyers who began

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REMAX Advantage uses AI to cover missed calls and train agents

When it comes to implementing AI into business workflows, many agents and brokers typically consider things like backend office work, lead, CRM and email management, listing description drafting and marketing collateral creation. But Gary Ashton and Debra Beagle, the broker-owners of REMAX Advantage in Nashville, have found ways to incorporate AI tools into their voice

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Atlantic Bay Mortgage Group hires Gregory S. Richardson as CRO

Gregory S. Richardson has joined Virginia-based Atlantic Bay Mortgage Group as chief revenue officer, the company announced Thursday. In his new role, Richardson will lead enterprise revenue strategy and alignment across production, capital markets, product development and institutional investor relationships, according to a press release. Richardson brings more than 35 years of mortgage banking and

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NAR to sunset governance groups as part of committee overhaul

The National Association of Realtors (NAR) has approved a set of initial governance changes aimed at streamlining its committee structure and reducing duplication. Changes represent the first phase of a broader effort to modernize the association’s governance model, NAR leadership said. “These member-led updates are grounded in what we’ve heard from our members”, said 2026

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Dark Matter, Calyx Path upgrade originations tools with AI

Two lending software providers are adding AI enhancements for originators as mortgage companies carve their path in the rapidly changing artificial intelligence landscape.  Processing Content Dark Matter Technologies, owner of the Empower loan origination system, unveiled a new embedded AI assistant named Ask Aiva this week that can deliver answers to loan officers’ questions instantly

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2.6M homeowners pay $500-plus in monthly HOA fees

Millions of Americans are paying thousands of dollars in homeowners association and condo fees, an often overlooked cost when buyers budget for a mortgage, new industry data found. Processing Content Almost 18 million homeowners in the 100 largest United States metros paid HOA or condo fees in 2024, including 2.6 million who paid $500 or

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CFPB firing line: DOJ moves to axe half the bureau’s staff

CFPB firing line: DOJ moves to axe half the bureau’s staff

Bloomberg News Processing Content Key insight: The agency’s enforcement and supervision units would face the heaviest hits, with staffing plummeting by 80%. Supporting data: CFPB officials alleged that a new reduction in force, or RIF, is a financial necessity after Congress slashed the bureau’s budget in half. Forward look: Critics view the latest “revised” RIF plan

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U.S. Bank adds Built to manage construction loan activity

U.S. Bank has turned to Built Technologies, which provides technology for real estate and construction finance, to help manage its portion of this process. Processing Content The bank says it will be able to fund projects faster as well as give clients real-time visibility into each step in the construction process and the related financing.

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