LATEST NEWS
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View the latest news in real estate as well as local info and more!
- How 7% mortgage rates will change housing for a decadeby Mike Simonsen on January 8, 2025 at 8:23 pm
We haven’t had this many homeowners with mortgage rates over 6% since 2016.
- Bayview settles for $20M with 53 state regulators over cyberattackby Flávia Furlan Nunes on January 8, 2025 at 7:33 pm
Bayview Asset Management and three subsidiaries have agreed to pay a $20 million fine and implement a corrective plan following a 2021 data breach that affected 5.8 million customers.
- NAHB, 15 state AGs sue federal agencies over energy codes for new homesby Chris Clow on January 8, 2025 at 7:22 pm
A coalition of attorneys general from 15 states and the National Association of Home Builders (NAHB) have filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) over energy-efficiency standards for newly constructed homes that were finalized in April 2024.
- The Real Brokerage continues its expansion tear in California, Floridaby Neil Pierson on January 8, 2025 at 6:41 pm
The Real Brokerage is a already a top 10 company in terms of transaction volume and sides — and it continued its growth this week in two of the nation's most populous states.
- Former Pennsylvania Realtors president sues PAR, NAR over membership agreementsby Brooklee Han on January 8, 2025 at 5:22 pm
Preston Moore is suing the trade groups over NAR’s three-way membership agreement and alleged discriminatory actions.
- AmeriTrust Mortgage hires Jett Farrington as COOby Kennedy Edgerton on January 8, 2025 at 4:53 pm
California-based direct lender AmeriTrust Mortgage announced a new addition to its leadership team. The company welcomed veteran mortgage executive Jett Farrington this week as its new chief operating officer.
- Mortgage applications continue to descend after the holidaysby Sarah Wolak on January 8, 2025 at 4:28 pm
Demand decreased by 3.7% from the week prior, the Mortgage Bankers Association (MBA) reported in its weekly mortgage applications survey for the week ending Jan. 3.
- Redwood adds alternative loan products to its home equity platformby Flávia Furlan Nunes on January 8, 2025 at 3:43 pm
The move is part of a repositioning that includes branding of its jumbo loan platform, which will continue to operate under the Sequoia umbrella going forward.
- Embracing new technology: Swapping Encompass SDK for Encompass Partner Connect with GridBaseby Susan Green on January 8, 2025 at 11:30 am
Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). This change — driven by ICE Mortgage Technology’s updated standards — promises enhanced efficiency, cost savings, and future-proof workflows. However, for many lenders and title agents, the path to compliance can be a bit too much to handle while running a business and dodging compliance risks. But that’s where GridBase comes in.
- Which cities have the largest portion of homes affordable to the average wage earner?by Kennedy Edgerton on January 7, 2025 at 10:48 pm
Online lender NetCredit identified Toledo, Ohio, and Detroit as the two cities with the most affordable homes for average income earners.