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US housing market value hits record $55T, but growth is slowing
New York posted the biggest gain — equal to about one-quarter of the nation’s increase — while values in Florida and California fell.
Los Angeles ‘mansion tax’ fuels record affordable housing funding
Most of the money — $316 million — comes from Measure ULA, a transfer tax on property sales above $5 million that voters approved in 2022.
Longbridge’s ‘HELOC for Seniors’ is officially on the market
Longbridge Financial has officially launched a home equity line of credit (HELOC) that’s designed for homeowners aged 62 and older, offering approval and funding in as little as five business days.
Mortgage applications pick back up to highest level in a month
Purchase applications were 20% ahead of last year’s pace, the key driver for increased mortgage demand coming out of a holiday weekend.
Why more servicers are implementing technology integrations through APIs
With a variety of change impacting the mortgage industry, including borrow demands, digital transformation, and regulatory requirements, mortgage servicers are re-evaluating the systems they use and how they interact with each other. With this in mind, servicers must leverage technology and platforms that offer seamless, real-time integration that allows for operational efficiency, data security, and desired customer outcomes.
Rocket Pro announces partnership with Vetted VA
The partnership will involve the training of Rocket staff and LOs by Vetted VA so the lender can better serve the veteran community.
AI assistant Shilo closes $2.6 million seed funding round
The funding round was led by AZ-VC, and Shilo said the funds will help accelerate product development and go-to market expansion.
Tech Pulse: Compass touts AI platform, Prudent AI launches non-QM tool
This new weekly series highlights the latest in technology — from tools and integrations to trends — shaping mortgage and real estate.
Century 21 expands with affiliation on Oregon coast
Now operating as Century 21 Shorepine Properties, the office will gain access to Century 21’s training, marketing tools and referral networks.
