July 2025

Trump administration ‘effectively disbands’ the PAVE task force

The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, “effectively disbanding” a program that sought to eliminate racial bias in the appraisal process. The directive primarily applies to two rules. One required appraisers and mortgage lenders to comply with the […]

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‘Dating the rate’ misled borrowers. Now they’re financially strained

“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels with and worry about their interest rate down the line. Borrowers who were accustomed to rates hovering near 3% didn’t realize

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PropStream expands lead generation tech through acquisitions

PropStream, a real estate data and analytics subsidiary of Stewart Information Services, has acquired lead generation and marketing platforms Batch Leads and Batch Dialer. The acquisitions merge PropStream’s property data capabilities with Batch Leads’ artificial intelligence-driven lead generation tools and contact dialer. Company leaders said the move is aimed at creating a platform that offers

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Bilt raises $250M to expand into mortgages, with backing from UWM

Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a $250 million funding round led by General Catalyst and GID, with participation from United Wholesale Mortgage (UWM), the nation’s largest mortgage lender. The funding brings Bilt’s valuation to $10.75 billion and will fuel expansion across the broader

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Century 21 expands in Utah, adding Edge Real Estate

Century 21 Real Estate has announced the affiliation of Edge Real Estate, a Kaysville, Utah-based brokerage founded by Tiffany Kennard. The move expands the footprint of the Century 21 brand along Utah’s Wasatch Range and marks the rebranding of the firm as Century 21 Edges. Founded two years ago, Edge Real Estate is led by

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RedKey Realty Leaders merges with RE Source, launches commercial division

RedKey Realty Leaders has announced a merger with RE Source LLC, a boutique commercial brokerage founded in 2001. The partnership, finalized on July 5, marks the official launch of RedKey’s commercial real estate division and adds a new office location in St. Louis. The merger brings seven commercial agents from RE Source to RedKey’s existing

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Michael Campbell joins Title Resources Group as Michigan underwriting counsel

Title Resources Group (TRG) has named Michael Campbell as a vice president and underwriting counsel for Michigan. In this role, Campbell will support TRG’s title agents and escrow officers across Michigan and the broader Midwest. “Michael’s diverse title agency and underwriting background in high-volume and boutique shops gives him the broad experience needed to solve

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Why empathy is the leadership superpower real estate needs now

The qualities of great leadership are being redefined. Nowhere is this more evident than in high-stakes industries like real estate, where emotions can run high and relationships are paramount. While significant management experience or operational expertise are still important, it is the so-called soft skills that increasingly distinguish exceptional leaders.  Empathetic leadership is about seeing

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Trade groups applaud Jonathan Gould’s confirmation to OCC

On Thursday, the U.S. Senate confirmed Jonathan Gould as head of the Office of the Comptroller of the Currency (OCC) in a 50-45 vote. The confirmation marks another Trump administration appointee who supports more lenient oversight of the banking sector and a more welcoming stance toward cryptocurrency. Gould previously held roles at the OCC during

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Housing market slowdown hits retirees long after they’ve sold

In 2020, Arlene Kohen, an 89-year-old widow, moved into Harborside, a luxury continuing-care retirement community in Long Island, New York. She paid a $945,000 entrance fee and $5,700 per month, with Harborside promising to refund 75% of the entrance fee upon death or departure. But after struggling financially and filing for bankruptcy three times, Harborside

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