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Logan Finance promotes Dave Weatherford to TPO executive role

HWmember, Mortgage, Non-QM, People Movers /

Nonqualified mortgage (non-QM) lender Logan Finance Corp. on Thursday announced the promotion of Dave Weatherford to Executive Vice President of TPO Production, effective immediately. The promotion follows Logan Finance’s launch of its new Open Road product series, announced in June. The series, which expands upon Logan’s preexisting non-QM offerings, involves seven specialized Non-QM mortgage solutions designed […]

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PAVE task force 2.0? Senate Democrat introduces appraisal bias legislation

Appraisals, Appraisals and Valuations, DEI, Discrimination, HWmember, Legislation, Mortgage, Regulatory, Senate, Trump administration /

The Trump administration has “effectively disbanded” the interagency Property Appraisal and Valuation Equity (PAVE) task force, but a Democratic senator wants to revive it. Raphael Warnock of Georgia introduced the Appraisal Modernization Act on Thursday. The legislation seeks to address systemic bias in the appraisal process, effectively writing into law many of the measures the

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Zillow pushes back against Compass’s claims of conspiracy, monopoly

Brokerage, Clear Cooperation, Compass, eXp Realty, Glenn Kelman, HWmember, Legal, Real Estate, Redfin, Robert Reffkin, Zillow /

A little over two weeks after Zillow filed letters responding to Compass’s motions for preliminary injunction and expedited discovery, the listing portal giant is officially firing back with its response to these motions. Zillow filed its response and related declarations from company executives, including Chief Industry Development Officer Errol Samuelson, CEO Jeremy Wacksman and CFO

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US foreclosure activity continued to rise in first half of 2025, ATTOM says

Attom Data Solutions, Data & Visuals, Foreclosure, Housing Market, HWmember, REO /

Real estate data provider ATTOM on Thursday released its Mid-Year 2025 U.S. Foreclosure Market Report, which shows there were a total of 187,659 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2025. That figure is up 5.8% from the same period a year

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Minnesota housing program under federal fraud investigation

Affordable housing, FBI, Housing Crisis, Housing Market, HWmember, Minnesota, Regulatory /

Federal agents are probing what they describe as a massive scheme to defraud Minnesota’s Housing Stabilization Services program, according to a search warrant. Numerous outlets reported that a federal investigation is targeting a Medicaid-funded benefit created in 2020 to assist people with disabilities, mental illnesses, substance use disorders and seniors in securing and maintaining housing.

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Colorado officials push to save property tax breaks for seniors

Colorado, HWmember, Mortgage, Property Tax, Retirement, Reverse /

Government officials in Mesa County, Colorado, urged state legislators in an open letter this week to preserve a property tax exemption for older adults and disabled veterans amid the state’s ongoing budget constraints. Colorado’s senior property tax exemption, which has been in place for the past 25 years, cuts 50% from the first $200,000 of

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The Rolling Stones, real estate, and reality checks

Contributors, HWmember, Mortgage, Mortgage Rates, Opinion, Origination /

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.

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VantageScore 4.0 is coming. But much work needs to be done

Bill Pulte, Fannie Mae, FHFA, FICO, Freddie Mac, HWmember, LendingLife, Mortgage, Origination, Regulatory, VantageScore /

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

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Real estate investors eye space economy as the new frontier

CNBC, Commercial Real Estate, HWmember, Investors, Real Estate, Real Estate Investing /

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

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Top San Diego luxury real estate brokerage joins Compass

Brokerage, California, Compass, HWmember, Luxury Real Estate, Real Estate, San Diego /

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

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