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Referrals are out, online searches are in: What agents need to know

December 5, 2024 by bp56691
Referrals are out, online searches are in: What agents need to know
Explore why referrals are losing ground, what today’s clients expect, and the steps you can take to stay ahead in a digital-first industry.
Categories Real Estate Agent Essentials, Vetted by HousingWire

HECM line of credit option continues to dominate with 93% share

December 5, 2024 by bp56691
The HECM line of credit is the most-used payment option for most of the past decade, a trend that continued in FY 2024.
Categories FHA, HECM, HUD, Retirement, Reverse

Mr. Cooper’s Jay Bray explores servicing book growth, tech enhancements for 2025

December 5, 2024 by bp56691
In this episode of the PowerHouse podcast, Mr. Cooper CEO Jay Bray dives into the company’s recent acquisitions, servicing and growth.
Categories Flagstar Bank, Mergers and Acquisitions, Mortgage, Mortgage Servicing, Mortgage servicing rights, Mr. Cooper, Origination, Podcast, Podcasts, Servicing

AI used for housing decisions draws bipartisan support, oversight

December 5, 2024 by bp56691
Even in a divided Congress, there is bipartisan support for learning more about how gen AI is being used in housing decisions.
Categories Artificial Intelligence, Congress, Housing Market, Regulatory Compliance, Technology

Johns Hopkins: Long-term care must be expanded to support aging in place

December 5, 2024 by bp56691
A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.
Categories Aging in Place, Long-term care, Retirement, Reverse

Real’s latest roster addition is the 150-agent ROVI Homes

December 4, 2024 by bp56691
Real’s latest roster addition is the 150-agent ROVI Homes
The Real Brokerage announced an affiliation with ROVI Homes, adding 150 agents across New England and Florida.
Categories Brokerage, Connecticut, Florida, Massachusetts, New England, Real Estate, Rhode Island, The Real Brokerage

Redfin’s 2025 housing market forecast predicts resilient homebuyers

December 4, 2024 by bp56691
Redfin’s 2025 housing market forecast predicts resilient homebuyers
Redfin forecasts home prices to rise by 4% over the course of 2025, with existing home sales between 4.1 million and 4.4 million.
Categories 2025 Housing Market Forecasts, Existing home sales, Home Price Appreciation, Housing Market, Mortgage Rates, Redfin

Reverse mortgage pros sound off on 2025 HECM limit

December 4, 2024 by bp56691
Reverse mortgage professionals at multiple companies shared their thoughts on what the higher HECM limit for 2025 will mean for business.
Categories Fairway Independent Mortgage, FHA, Finance of America, HECM, loanDepot, Reverse, Simple Reverse Lending, VIP Mortgage

Cyberattacks using gen AI on the rise, experts warn

December 4, 2024 by bp56691
Cyberattacks using gen AI on the rise, experts warn
Cyberattacks using gen AI are on the rise, experts warn, and title companies, lenders and real estate firms are all in the crosshairs.
Categories Artificial Intelligence, Cybersecurity, Technology

NAR settlement faces another legal appeal

December 4, 2024 by bp56691
Judge Stephen R. Bough’s ruling that granted final approval to the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing yet another appeal. On Tuesday, Robert Friedman filed an appeal of Bough’s ruling with the Eighth Circuit Court of Appeals.
Categories Commission Lawsuit, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett
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