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MegaStar Financial Services appoints Mickey Schilling as Chief Revenue Officer 

Schilling comes to MegaStar after serving in several positions at Highland Mortgage, including chief strategy officer.

Secretary Bessent says Trump may declare a national housing emergency 

Bessent told Reuters and the Washington Examiner that the administration plans to introduce new measures to address housing affordability.

The Sky Group joins SERHANT., fueling D.C. expansion 

The Sky Group closed 176.1 transaction sides, recording $149.09 million in sales volume in 2024, according to RealTrends data.

NAHREP’s top 250 Latino LOs accounted for $22B in volume in 2024 

Mortgage originators on the national top 250 list closed 10% more transactions on a year-over-year basis in 2024, NAHREP reported.

New MISMO reference model includes reverse mortgages 

The latest MISMO reference model includes “greater support for the origination and underwriting of a reverse mortgage.”

Fannie Mae partners with Palantir to detect, prevent mortgage fraud 

Fannie Mae CEO Priscilla Almodovar said that the GSE will prioritize occupancy fraud detection for multifamily properties.

Brokerages are sleeping on AI: Here’s the playbook to wake them up 

Agents? They’re scrappy. They’re downloading ChatGPT apps, playing with Canva AI, and asking Midjourney to crank out listing flyers in 30 seconds flat. They’re moving fast because they have to. Meanwhile, broker-owners are still asking, “So… how exactly would we even use AI?”

Homebuilder sales incentives are in full bloom this spring 

Despite restrictions of the NAR settlement, builders are incentivizing buyers and their agents by offering higher commissions and bonuses.

Redfin stockholder asks court to block vote on Rocket merger 

Redfin stockholders are set to vote on the Rocket acquisition deal on June 4, but Jason Morano is asking the court to delay the vote.

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Updated 11 months ago