Recent technology investments have Newrez expecting significant expense reductions beginning this year, while prospects of mergers or a mortgage spinoff from parent Rithm Capital wane, according to company executives. Processing Content In their first-quarter earnings call, leaders at Newrez said savings benefits on the originations side should appear in the second half of 2026 after […]
Newrez projects 15% cost cut via AI investments Read More »
Although mortgage rates dipped below 6% in February for the first time since 2022, home-price growth continued to slow, two new industry reports found. Processing Content More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, while prices rose 0.7% nationally, according to the S&P Cotality Case-Shiller
Inflation outpaces home-price growth for 9th straight month Read More »
Artificial intelligence is poised to reshape mortgage lending operations and consumer engagement while also raising concerns about workforce disruption across the industry, two mortgage executives said during a panel discussion at HousingWire‘s The Gathering in Austin. Speaking at the event on Tuesday morning, Patty Arvielo, CEO and co-founder of New American Funding (NAF), and LaTasha
The Gathering: AI opportunities and risks for mortgage lenders Read More »
Infrastructure costs and impact fees remain the persistent financial burdens in residential development. Site grading, roads, water systems, sewer lines, drainage, utilities and development impact fees are rising faster than home prices can absorb them. For builders operating on already compressed margins, the question is how to finance these costs without passing every dollar through
The Infrastructure Cost Squeeze and What Builders Can Do Read More »
For years, CRM platforms have been positioned as the backbone of productivity for loan originators, agents and sales teams. However, in practice, many have failed to evolve beyond static databases, becoming repositories of stale contacts rather than true systems of execution. As teams scale and pipelines grow, the gaps in maintaining meaningful relationships and operating
Long-term conditions in the U.S. housing market have made one thing clear to dv01 researchers: housing will never be affordable again. Processing Content This is the title of a report authored by Vadim Verkhoglyad, vice president and head of market intelligence and research at dv01, which is part of Fitch. The gap is substantial. The
Housing affordability ‘will never’ return, dv01 warns Read More »
While most of the originators responding to this year’s Top Producers survey are looking to the tried and true method of mining the existing client database in order to drive customer retention, some are planning to take their game up to the next level. Processing Content Customer retention was one of the open ended questions
2026’s Top Producers: numbers 175-101 Read More »
An appraisal technology firm is suing a startup founder, claiming the nascent rival used commercially available artificial intelligence tools to recreate its products. Processing Content True Footage sued Automax AI and founder Humza Ahmed last week for fraud, among other counts, in a California federal court, looking to stop the startup from profiting off their
Appraisal firm sues rival for using AI to replicate its tech Read More »
A rapidly aging U.S. population is accelerating demand for smart home technology that allows older adults to remain in their homes longer. Financing options, including the tapping of home equity, are emerging to help pay for it. Roughly 11,000 Americans turn 65 each day and about one in four U.S. residents is now at least
Smart home technology continues to emerge as key tool for aging in place Read More »
As public homebuilders work to reduce their spec inventory and strike price-pace-and-incentives balances that best fit their land positions and operational fortes, Century Communities strategists are betting they can win on underpricing peers and rebuilding margins on the back of operational excellence and production velocity. So while other top-15 ranked public builder competitors have chosen
Century’s spec and land optionality model zigs as others zag Read More »