Housing

HUD is more vulnerable to fraud after staff cuts

After a series of reported moves to reduce the employee headcount at the U.S. Department of Housing and Urban Development (HUD), the resulting losses of lawyers and managers have widened the depart...

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NAR repeals optional no-commingling rule

The hate speech policy is not the only policy the National Association of Realtors (NAR) is making changes to this week. The trade group’s executive committee voted on Wednesday to repeal NAR’s opt...

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RatePlug’s new platform combines home listings, live mortgage rates and preapprovals

RatePlug — a company known for integrating mortgage data into home search platforms — has launched Afordal, a new tool that brings together property listings, live mortgage rates and preapproval fu...

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Newrez hires former Rocket CIO Brian Woodring

Newrez, the fifth largest mortgage lender in the U.S., on Thursday announced the appointment of Brian Woodring as its chief information officer. Woodring previously worked at Rocket Mortgage, where...

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Mortgage rates fall on ADP report. Will jobs Friday push rates even lower?

Today, the ADP jobs report was released, marking the second of four jobs reports we’ll get during this jobs week. The numbers came in significantly weaker than anticipated, leading to lower mortgag...

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Federal Reserve lifts asset cap on Wells Fargo

San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The restrictions wer...

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Former NAR employee revives discrimination suit with amended complaint

A former project manager at the National Association of Realtors (NAR) has revived her lawsuit against the trade group after a Chicago court dismissed most of the charges in the original suit. ...

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The 6 best home inspector training schools for 2025

If you’re thinking about becoming a home inspector, you’re not alone. This career path is growing quickly, attracting interest from current real estate professionals and those looking to enter the ...

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House Financial Services chair calls for federal investigation into Little Rock Housing Authority

Citing a series of missteps made despite the oversight and U.S. Department of Housing and Urban Development (HUD) action plans, the chairman of the House of Representatives‘ Financial Services Comm...

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Robert Reffkin touts Compass’s AI platform, agent advocacy efforts

Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week. “We continue to invest over $1...

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Partner Real Estate launches instant offers platform

California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners. The company’s Instant Offer...

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Coldwell Banker Premier enters Florida market through merger

Coldwell Banker Premier has expanded into Florida through a merger with Coldwell Banker Envision Real Estate, marking the firm’s first office in the state. The company will now offer its ful...

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‘Heavy Into Tech’: Aspenwood Pilots, Deploys AI and Other Tools in 2025

This story is part of your SHN+ subscription. The Aspenwood Company is in 2025 going deeper into technology with new investments and partnerships – but President Heather Tussing is hesit...

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TCB’s appeal against Ginnie Mae over reverse-backed collateral will proceed

Following its vow to appeal the initial decision in a case brought against Ginnie Mae over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender, filing...

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Prudent AI debuts non-QM underwriting tool

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (no...

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New Report Links ‘Feeling at Home’ to Senior Living Resident Satisfaction, Better Financial Performance

New data is underscoring the important link among senior living residents’ sense of “feeling at home,” their satisfaction and an operator’s financial success. That’s according to the 20...

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White House expects reverse mortgages to continue producing government receipts

Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes...

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Home-price growth at decade low, Florida markets lead declines

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality. Weighing on the market were continued concerns about the e...

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Top-producing California agent joins eXp Realty

Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced...

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Goby Homes launches property transaction platform, founder honored by NAR

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced dur...

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DOJ still doesn’t want blanket offers of buyer broker compensation

The Department of Justice (DOJ) has officially withdrawn its objections to MLS Property Information Network (MLS PIN)’s settlement in the Nosalek commission lawsuit. The DOJ notified the court of t...

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