LUX Real Estate Company ERA Powered has expanded with the acquisition of Vail Real Estate Center, the firm announced this week. The Cherry Creek North, Colorado-based brokerage — founded and led by Emily Duke — will now have a presence in one of the state’s most competitive resort markets. Founded in 2013 by longtime Vail […]
ERA Real Estate expands in Colorado Read More »
The knowledge and use of artificial intelligence (AI) among older generations is often misunderstood and mischaracterized. But seniors are often following the path of the wider population when it comes to incorporating AI into their daily lives. Recent survey data published by the University of Michigan found that 55% of respondents in the 50-and-older age
As seniors gain comfort with AI, how should reverse mortgage lenders respond? Read More »
Attention Mortgage Professionals! You’ve been selected to participate in our exclusive survey on AI in mortgage operations. Your insights are crucial! Click Here As noted at the HousingWire AI Summit, exploring AI solutions is essential. We want to know your journey and strategies in this exciting field. Participate and you could win! You could be
Survey: Where are you in the AI revolution in mortgage operations? Read More »
Roger Alford’s time at the Department of Justice (DOJ) may have been brief — much to the relief of the real estate industry — but that doesn’t mean he doesn’t have thoughts on his time there. Alford, a law professor at Notre Dame who served as an expert witness testifying against the real estate industry
Former DOJ official blames lobbyist for weaker antitrust scrutiny Read More »
CrossCountry Mortgage (CCM), a branch manager in Georgia and a former employee have reached a settlement in a sexual harassment lawsuit, according to court filings. The case began in June 2023 when former processor Christina Nielsen alleged that branch manager Steven Bocca subjected her and other female employees to sexual comments, unwanted touching and inappropriate
CrossCountry Mortgage settles sexual harassment case in Georgia Read More »
Existing home sales in July exceeded monthly estimates and demonstrated year-over-year growth. However, it’s important to remember that we started from a low baseline for sales in 2024, so this year-over-year growth needs to be viewed in context. For those who have been following our weekly tracker, we’ve noted that year-over-year data should turn positive
Existing home sales surprise with positive growth in July Read More »
More than two in five American workers say concerns about job security are causing them to delay or cancel a major purchase such as a car or home, according to a new Redfin-commissioned survey. The survey found that 44% of employed U.S. residents put off or scrapped such purchases. Another 30% said they had already
Survey: Job insecurity leading to home purchase delays Read More »
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks like this one can be frustrating or boring. Until today, there haven’t been any actionable economic reports to inspire a bond market reaction. Unfortunately, today’s data was relatively unfriendly for
Mortgage Rates Inch Higher Yet Again Read More »
Lagging tech adoption and credit underwriting issues were likely contributors to loan quality worsening from a recent record-low rate, according to Aces Quality Management. The overall critical defect rate rose to 1.31% in the first quarter, shifting away from the fourth quarter’s historical low of 1.16%, the company’s latest report found. Defects rose in three
Underwriting errors push loan defects higher Read More »
A public offering of Fannie Mae and Freddie Mac shares hinges on when Donald Trump decides the government can fetch the highest price, their regulator said Thursday. Trump “has not made any decision” on when one will occur, Bill Pulte told Maria Bartiromo on Fox Business Network Thursday morning, when she asked whether one could
Fannie, Freddie IPO awaits Trump’s decision on timing Read More »