This year’s homebuyers need larger rate drops for refi benefits
A Neighbors Bank analysis found that a 0.25-point interest rate decline left the average borrower $2,424 underwater after three years.
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Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
LISC appoints Valerie White to lead national housing strategy
White will oversee the organization’s national housing investments, with a focus on affordable housing.
Clear Capital partnership introduces automated property condition reports
According to Clear Capital and CAPE Analytics, the product covers 98% of U.S. residential properties and serves as an alternative to traditional inspections.
Howard Hanna enters Georgia with latest acquisition
The family-owned brokerage now operates in 14 states after announcing its acquisition of Coastal Properties on Tuesday.
HOME launches bilingual learning system and AI-powered wholesale search tool
HOME Certified, an on-demand LMS, trains and certifies loan officers to serve Hispanic and Latino borrowers.
Beyond Redfin: Zown bets on AI, salaried agents and buyer rebates
Zown is banking on a salaried agent model, buyer rebates and real estate agents who specialize as they begin U.S. expansion.
Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending
Cade Thompson, chief growth officer at Rocktop Technologies, shared how lenders are reframing cost-cutting efforts and easing fears about AI.