The dollar rose after a better-than-estimated retail sales report and a drop in jobless claims reinforced speculation the Federal Reserve will stay on hold for now. Stocks and bonds wavered. The greenback resumed its month-to-date climb while the S&P 500 and bond yields were little changed. Money markets are pricing fewer than two Fed rate […]
Treasury yields and dollar rise after retail sales Read More »
To help mortgage professionals keep up with a flood of new AI jargon, the Mortgage Industry Standards Maintenance Organization has released a draft glossary of 42 terms — from “algorithm” to “hallucination.” The list is an effort to standardize the meaning of words and phrases that are increasingly part of everyday speech for professionals across
MISMO AI glossary tackles deepfakes, bias, and fraud risks Read More »
Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many buyers are overlooking new construction, it could be your best opportunity in today’s market. Here’s why. There are more brand-new homes available right now than there were even just
Why a Newly Built Home Might Be the Move Right Now Read More »
Artificial intelligence is no longer a futuristic add-on in real estate — it’s becoming core infrastructure. As the industry moves toward faster, more digital-first transactions, AI is playing a pivotal role in redefining how agents operate, market, and compete. Traditionally, preparing a property for market has been time-consuming, expensive, and deeply fragmented. Agents often juggle
Why speed wins listings in the modern real estate market Read More »
In 1969, The Rolling Stones gifted us their 10th studio album, Let It Bleed. Tucked away as the final track, “You Can’t Always Get What You Want” started life as a B-side to “Honky Tonk Women” before becoming an anthem for an entire generation. Here’s the kicker: this iconic track never actually hit number one.
The Rolling Stones, real estate, and reality checks Read More »
Recent plans for a jointly owned government-sponsored enterprise entity that serves as a common securitization platform (CSP) for their bonds appear positioned as the most likely way to achieve monetization goals the Trump administration has for Fannie Mae and Freddie Mac. Even before Common Securitization Solutions repositioned as U.S. Financial Technology experts had identified the
Why FHFA may bet on CSP to reform Fannie, Freddie Read More »
A class action lawsuit claims Loandepot since 2019 has steered borrowers to higher rates and punished its loan officers who didn’t steer customers by giving them little to no commission. Five borrowers filed the complaint Tuesday in a Maryland federal court, accusing the major lender and servicer of violating the Truth in Lending Act. They’re
Suit alleges Loandepot steered borrowers in LO comp scheme Read More »
In the days following the announcement that VantageScore 4.0 was suddenly in play for conventional mortgages, FinLocker‘s Brian Vieaux had to burst some bubbles. Most of the 15 to 20 loan officers he spoke to were ecstatic about being able to use the new credit scoring model. Millions of new prospective borrowers could be scored
VantageScore 4.0 is coming. But much work needs to be done Read More »
Real estate investors are turning their gaze skyward in preparation to take part in upcoming needs of the space exploration and data sector. This week, a CNBC report pointed to global real estate firm Hines and its recent acquisition of the Titusville Logistics Center — a nearly 250,000-square-foot industrial facility on Florida’s Space Coast. The
Real estate investors eye space economy as the new frontier Read More »
The Exude Luxury Group — a top-producing real estate firm in Southern California — has departed Side and joined Compass in San Diego’s La Jolla neighborhood, marking a new phase for the six-person team led by Erika Borunda Ahajanian. The group has closed more than $500 million in career sales — including $121 million in
Top San Diego luxury real estate brokerage joins Compass Read More »