FinCEN’s AML rule reshaping title processes — and buyer behavior
The rule is already prompting operational changes, new workflows and questions from buyers and sellers first encountering the requirements.
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Negative jobs report keeps mortgage rates calm amid surging oil prices
BLS reported payrolls down 92,000 and unemployment at 4.4%, as oil touched $92 and the 10-year yield reversed to near 4.12%.
Better launches ChatGPT-based credit decision engine for mortgage and HELOC lenders
Better.com has launched a conversational credit decision engine that lets mortgage and home equity lenders run underwriting through ChatGPT using the company’s Tinman AI platform.
Study finds 65-year-olds need $135K for long-term care
The type of care — home health, assisted living or nursing home — and where a person lives can drastically affect costs.
NAR speaks out on “coming soon” listings
NAR says it has no national “coming soon” policy, leaving listing status rules to local MLSs and emphasizing MLS benefits for consumers and competition.
New eXp division bridges homebuilder-brokerage service gap
eXp New Homes is designed to help agents navigate the complexities of the development process while delivering a higher level of service.
Trump 401(k) plan, if expanded, could advance universal retirement
A recent op-ed concluded that Trump’s proposal, if expanded, could help move the nation toward a “more inclusive” form of capitalism.
Engel & Volkers: Next generation of luxury homebuyers ready to make their mark
The report found that 77% of participants save at least $1,500 per month, indicating a focus on long-term financial planning.
Baird & Warner launches AI social media assistant
Agents can upload photos, videos and links or allow the system to suggest content by scanning local news and MLS data.
Portland tests PadSplit model to ease inventory, affordability crunch
The pilot aims to unlock spare bedrooms across the city to ease affordability pressures and expand housing inventory.