New home sales shocked, but are these numbers legit?
We got the highest levels of sales since 2022 but let’s take a look at the report and see if those numbers are legit.
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Compass-Anywhere deal sparks MLS reckoning
With compensation rules changing and mega-brokers growing, MLSs must deliver more than just listings to stay competitive.
loanDepot challenges class-action suit tied to LO comp rules, steering
loanDepot has filed a motion to dismiss a class-action lawsuit in Maryland alleging violations of loan officer (LO) compensation rules and borrower steering, arguing the plaintiffs failed to show they suffered a “concrete injury.”
Baltimore launches $6.2B housing redevelopment effort
Work is supported by $1.2 billion in public funding commitments and is expected to leverage an additional $5 billion from the private sector.
CrossCountry Mortgage raises conforming loan limit to $819,000
CrossCountry Mortgage raises its conforming loan limit to $819,000, ahead of FHFA’s 2026 limits, to empower prospective homebuyers.
Homeowners cashing in with ‘Airbnb for anything’ rentals
Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour.
RealReports AI property data expands to MLS platforms
Restb.ai’s image analysis has been added to RealReports’ product suite — letting agents access condition-aware property comparisons.
Mortgage compliance challenges affect 60% of lenders
Carleton survey reveals 60% of organizations struggle with mortgage compliance challenges while two-thirds face monthly loan payment discrepancies.
Compass-Anywhere deal brings $9B mortgage JVs under one roof
Industry leaders see the Compass–Anywhere merger as simplifying the mortgage side of the business, which includes Guaranteed Rate Affinity and OriginPoint.
Smartfi Home Loans shutters retail division
Smartfi Home Loans, a top reverse mortgage lender, closed its retail division to focus exclusively on wholesale operations. Paul Fiore departed as retail president.