Homebuyers hit the brakes, causing unseasonal growth in inventory

https://www.youtube.com/watch?v=CebIuH3MRFo Available inventory of unsold homes rose by 1.8% this week. It’s quite clear that homebuyers have hit the brakes waiting to see if...

Regulation hasn’t caught up to generative AI

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a...

Positioning your business for success in all market cycles

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM, about the work independent mortgage brokers can do right now to prepare...

Philly Fed President Harker: “We are at the point where we can hold rates”

Philadelphia Federal Reserve President Patrick Harker advocated for stopping interest rate hikes, noting that disinflation is under way. “I believe that we are at...

Stakes are high as first buyer broker commission lawsuit goes to trial today

The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate...

Mortgage origination market should improve by 19% next year: MBA

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for...

CrossCountry in talks to amass Fairway: sources

Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry Mortgage is in talks...

The Beinfield Team in Connecticut returns to Compass after transient departure

The Connecticut-based Beinfield Team returned to Compass, the company announced on Tuesday.  “This transition is all about securing the future success of my team,”...

‘Fraudsters gotta eat too:’ The title trade navigates an uptick in fraud

Fewer homebuying transactions means less fraud, right? “No! What it means is there is a higher percentage of potential fraud per file,” Elizabeth Berg,...

Indie agency Legends Real Estate makes the soar to The Real Brokerage

Indie brokerage Legends Real Estate has joined The Real Brokerage, expanding Real’s footprint in Northern California. Industry veteran John Pope founded the Sacramento-based...