Redfin reveals new AI-powered listing photos tool
Redfin launched Redfin Redesign, an AI-powered tool for home photos, the company announced on Thursday. The new product allows homebuyers to make changes...
‘Mortgage winter’ is expected to thaw a bit
John Toohig, head of whole-loan trading on the Raymond James whole-loan desk and president of Raymond James Mortgage Co., said many of the same headwinds the market...
What should lenders consider in 2024 for collateral risk?
The GSEs are taking a closer look at how they evaluate collateral risk. Appraisal modernization is vital. Gareth Borcherds, managing director Ascent Software...
Housing authorities and lenders added 54 homebuyer assistance programs in Q3: report
A total of 2,256 homebuyer assistance programs are available in the U.S. housing market after 54 programs were added in the third quarter,...
Texas commission lawsuit names real estate teams and individual broker as defendants
The commission lawsuits have arrived in Texas, but the QJ Team suit, named after its lead plaintiff, isn’t like your Moehrl, Sitzer/Burnett, March,...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
Tapping into home equity, particularly for people in or near retirement, can be challenging — especially for those who may have a pressing...
A commission lawsuit is filed in Arizona. But NAR isn’t the target
The wave of commission lawsuits have arrived in Arizona. In a copycat suit filed last Friday in U.S. District Court in Arizona, Joseph...
CoStar CEO: ‘We had zero involvement’ with commission lawsuits
ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group, wants to set one thing straight: his company had nothing to do...
EasyKnock acquires home equity co-ownership firm Balance Homes
Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes, the company announced on Tuesday.
The latest acquisition comes on the...
Weekly mortgage applications pick up but remain subdued: MBA
Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a...
