Despite recording the 59th consecutive quarter of double-digit revenue growth during the fourth quarter of 2025, with revenue jumping 27% to $900 million, CoStar Group’s financial results may not have been as strong as many expected given the firm’s recent rhetoric about how well the company is performing. During the quarter, net income fell from […]
CoStar touts Homes.com momentum and AI gains as profits dip in Q4 Read More »
Mortgage applications increased 0.4% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Feb. 20. On an unadjusted basis, the index increased 2% compared with the previous week. The seasonally adjusted purchase index decreased 5% from one week earlier. The unadjusted purchase index
Mortgage applications rise slightly as rates move closer to 6% Read More »
So, you finally discovered ChatGPT, Claude or whatever shiny AI toy your nephew told you about. Congrats! You’re officially part of the future of marketing! Ok. Not really. Not the way you’re doing it. Here’s a scene being played out way too often lately. Someone types “write me a LinkedIn post about title insurance” into
Let’s be real. We can do better when it comes to using AI in marketing. Read More »
For years, electronic promissory notes occupied an awkward middle ground in mortgage lending. The concept was sound, the infrastructure was in place, and early adopters demonstrated that the model could work. Yet adoption remained uneven, often stalled by questions about investor acceptance, warehouse lender readiness and operational complexity. That hesitation is becoming harder to justify.
Why eNotes are moving from optional to operational Read More »
President Donald Trump delivered the annual State of the Union address to Congress on Tuesday night and touched on a wide variety of economic topics. But he barely mentioned ways to make housing more affordable for everyday Americans. Housing professionals expected the speech to include subjects like mortgage rates, affordable homeownership and a slew of
Trump State of the Union offers few housing details Read More »
Cypress, California-based LenderMac Holdco LLC has agreed to acquire Direct Mortgage Corp. in a move aimed at expanding its geographic footprint and building a multichannel mortgage platform, the companies announced Tuesday. Financial terms of the deal were not disclosed. “This acquisition represents an important step in our long-term growth strategy,” Kenneth Jo, CEO of LenderMAC,
California-based LenderMac to acquire Direct Mortgage Read More »
The real estate listing portal space has generated its fair share of headlines over the last several months. While Zillow, Homes.com and Redfin have been stealing most of the spotlight, Realtor.com has also issued some announcements of its own. HousingWire recently caught up with Realtor.com CEO Damian Eales to chat about the portal space and
Realtor.com CEO Damian Eales on portal strategy and MLS ties Read More »
AI-powered mortgage underwriting platform Friday Harbor announced Tuesday the launch of a new set of tools called Income and Asset Sandbox, which are designed to help loan officers structure income and asset decisions earlier in the origination process. The tools allow lending teams to test how different income streams, assets and supporting documents affect a
Friday Harbor adds income and asset scenario testing for LOs Read More »
Intercontinental Exchange Inc. (ICE) is seeing an “overwhelmingly positive” response from mortgage servicers in response to its newly updated MSP platform user interface, as servicers view the update as the first step in a broader push toward automation and AI-driven efficiencies. The update marks the first phase of a broader modernization of ICE’s MSP, highlighted by
ICE’s Matt Dowd: MSP updates are ‘just a foundation’ for AI journey Read More »
The Campaign for Accountability (CfA), a nonpartisan watchdog group, has filed a lawsuit against the Federal Housing Finance Agency. The group alleges the FHFA failed to comply with a Freedom of Information Act (FOIA) request that sought access to a report prepared by FHFA Director Bill Pulte about Federal Reserve Chair Jerome Powell. CfA submitted
Watchdog lawsuit seeks FHFA records tied to Powell subpoenas Read More »