SERHANT. is looking to bolster its new development division. On Friday, the Ryan Serhant-helmed brokerage announced two executive appointments to its new development team. The new leaders include Peter Rooney, who will serve as the head of new development, and Ben Nicholls, who was named as director of planning and design. “As SERHANT. continues to […]
SERHANT. strengthens leadership of new development team Read More »
Although Howard Hanna Real Estate Services has conducted many acquisitions over the past few years, none of them made the real estate industry stand up and take notice as much as its acquisition of Elegran Real Estate earlier this month. And that’s because Howard Hanna’s acquisition of Elegran marked the over 70-year-old firm’s entrance into
Howard Hanna’s strategy to get 20% market share in 20 markets Read More »
United Wholesale Mortgage (UWM) on Friday announced three new tools to help independent mortgage brokers streamline loan processing, improve workflow efficiency and expand marketing efforts. The announcement, made at the Association of Independent Mortgage Experts’ (AIME) Fuse conference in Nashville, introduced UWM’s Income Calculator, Loan Lab and an upgraded version of Brand 360 created in
UWM announces three new broker tools at AIME Fuse Read More »
Among the many tedious steps in the mortgage manufacturing process, verification of income and employment (VOIE) might top the list of challenges for lenders. Ethan Winchell’s company, Truework, aims to remove these headaches. The San Francisco-based firm was founded in 2017 and has sprouted into a major mortgage technology partner. When Truework was acquired in
How Truework is transforming mortgage tech with innovation Read More »
Home prices firmed up for the second month in a row in the existing home sales report released Thursday. Demand showed higher year-over-year growth, while inventory growth has slowed down recently. Several months ago, my model showed that the existing-home sales market should show growth compared to last year, even if sales remained flat at
Existing home prices firmed up in September Read More »
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources. According to a September memo summarizing the findings, any financial benefit James may have received would have been minimal — roughly $800
Memo reportedly undercuts mortgage fraud allegations against Letitia James Read More »
As the U.S. housing crisis deepens and climate change intensifies, residents of affordable housing are vulnerable to dangerous and sometimes deadly extreme heat, according to new analysis from the Union of Concerned Scientists. The report, titled “Colliding Crises,” examined nearly 8 million homes in key segments of the affordable housing market — including public and
Extreme heat risks higher for affordable housing residents Read More »
The Federal Home Loan Bank of Dallas (FHLB Dallas) has announced $73.5 million in affordable housing grants to 53 projects across Arkansas, Colorado, Louisiana, Mississippi, New Mexico and Texas. “Through the strength of our member institutions, we’re able to channel these funds into projects that directly address the housing needs of our communities,” Sanjay Bhasin,
Federal Home Loan Bank of Dallas awards $73.5M to affordable housing projects Read More »
Just two days after filing a breach of contract suit against CoStar and Homes.com, REcore Solutions has dismissed its claims with prejudice. This means that it cannot file a lawsuit against the same defendants with the same claims. California Regional MLS (CRMLS), which receives licensing services from REcore, informed members on Thursday that the suit
REcore dismisses breach of contract suit against CoStar, Homes.com Read More »
Real estate consulting firm WAV Group and its artificial intelligence (AI) strategy subsidiary Fluente have released a white paper titled “Sovereign AI and the Future of MLS Governance.” Its findings outline a framework for how broker-authorized multiple listing services (MLSs) can manage and protect property data in an AI-driven marketplace. The paper argues that only
White paper discusses future of MLS governance, sovereign AI Read More »