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Uncovering the hidden costs of investor reporting in mortgage servicing

Cost optimization is key to creating success in the world of mortgage servicing. Mortgage servicers have dedicated significant resources in pursuit of optimized processes and prices, as every fraction of the cent saved contributes to the bottom line. Servicers are laser-focused on enhancing throughput efficiency, applying advanced technology to automate and streamline every step from […]

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Opendoor hires Kaz Nejatian as new CEO

Opendoor Technologies announced Wednesday that it has named Kaz Nejatian, the former chief operating officer of Shopify, as its new CEO. Nejatian will also join Opendoor‘s board of directors as he takes over for Carrie Wheeler, who stepped down last month. The San Francisco-based iBuyer also announced two other personnel moves as co-founders Keith Rabois

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Optimal Blue: Rate-and-term refis soar 70% in August

Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term refi lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report released Wednesday. “Borrowers are responding quickly to rate improvements, driving the strongest month for rate-and-term refinances we’ve seen this year,” Mike Vough, head of corporate strategy at Optimal

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Bipartisan House bill would strengthen HUD’s grip on manufactured housing standards

U.S. Reps. Mike Flood (R-Neb.) and Emanuel Cleaver (D-Mo.) introduced the Streamlining Manufactured Housing Standards Act on Wednesday, which clarifies that the U.S. Department of Housing and Urban Development (HUD) has the sole authority to establish energy efficiency and safety standards for manufactured housing. “America has been grappling with a housing crisis and cutting red

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Clayton debuts CrossMod manufactured homes at HUD showcase

Tennessee-based homebuilder Clayton Homes presented the first official single-section CrossMod manufactured homes at the U.S. Department of Housing and Urban Development’s 2025 Innovative Housing Showcase this past weekend. The event allowed the public, policymakers and housing leaders to tour the model, which was introduced following the expansion of conventional financing options by Fannie Mae and

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AREAA releases 2025 A-List of top-producing agents and teams

The Asian Real Estate Association of America (AREAA) has named 109 individual agents and 64 teams to its annual A-List of top producers. Honorees closed 7,743 transaction sides and recorded $8.49 billion in sales volume in 2024. The top 50 agents and 25 teams will be recognized at AREAA’s national convention in Santa Monica, Calif.,

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Virginia insurance commissioner issues warning regarding AOLs

Scott White, Virginia’s commissioner of insurance, has issued a warning to both title insurance companies and consumers in his state about attorney opinion letters (AOLs). In a letter sent Tuesday addressed to all title insurance companies, agents and entities in the state of Virginia, and obtained by HousingWire, White explains the applicable law, differences between

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LitFinancial introduces stablecoin to ‘modernize’ mortgage lending

Mortgage lending fintech LitFinancial announced on Wednesday the launch of litUSD, a U.S. dollar-backed stablecoin built on the Ethereum blockchain in partnership with Brale and Stably. The company said the token is designed to “modernize” mortgage lending, streamline treasury operations and increase transparency in mortgage finance. It also complies with the federal GENIUS Act, a

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FNF partners with CLEAR Secure on real estate fraud prevention

Fidelity National Financial (FNF) has partnered with CLEAR Secure to use biometric identity verification in real estate transactions to mitigate real estate fraud, the companies said Wednesday. The initiative integrates CLEAR’s identity platform into FNF’s inHere digital system, which manages title and escrow processes. Leaders said the move is intended to address rising cases of

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Consumers are increasingly self-reporting rent payments, TransUnion says

The number of consumers whose rent payments are reported to credit reporting agencies rose to 13% in 2025, according to TransUnion‘s latest Rent Payment Reporting analysis, released on Wednesday. That number is up from 11% in 2024. In a press release, the company suggested that this trend may gain momentum after the July 2025 directive

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