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NorthstarMLS restructures board, embraces new governance model 

The new governance model includes a smaller board of directors, the majority of whom will come from outside the real estate industry.

Newrez wholesale leader Tony Kottenbrock talks about growing non-QM 

Newrez plans to sustain its growth by focusing on closed-end second mortgages and leveraging broker expertise to fill market gaps.

Realtor.com releasing 3D “FlyAround” property viewing tool 

The tool aims to help home shoppers better understand a property’s surroundings before scheduling an in-person tour.

Cornerstone makes an M&A move with Peoples Bank purchase 

Cornerstone Capital Bancorp’s acquisition of Peoples Bancorp expands its Texas footprint and enhances its banking services.

Reverse mortgage LOs: The product ‘does not sell itself’ 

Top loan officers share strategies at the NRMLA Annual Meeting for effectively connecting with borrowers and partners in the reverse mortgage industry.

Incenter Lender Services plays ‘matchmaker’ with new fair lending platform 

Incenter introduces the CRA Exchange Platform, a free tool for lenders to streamline CRA loan trading and enhance financial performance.

HomeSmart unveils new brand identity 

Company leaders said the rebrand illustrates HomeSmart’s commitment to empowering its agents and enhancing client experiences nationwide.

Zillow unites agent focused products in Zillow Pro 

Launched Wednesday, Zillow Pro is a suite of products geared toward agents, including Follow Up Boss, My Agent and Agent Profiles.

Texas law sets new real estate buyer agency agreement rules 

Real estate licensees in Texas must have a signed buyer agency agreement prior to showing a house, unless they just unlock the door.

Fannie Mae scraps title waiver pilot program 

Fannie Mae will not submit plans for a title waiver pilot program to the FHFA as part of its Equitable Housing Finance Plan.

Title insurer Doma unveils new business model 

As part of a strategy pivot, top 10 title underwriter Doma announced it would license its instant underwriting software to other firms.

Title firms turn profits in Q2 despite the headwinds 

Despite recording stronger financial results during the second quarter of 2023 than the first, executives at First American Financial and Old Republic did their fair share of bellyaching over current housing market conditions on Thursday’s earnings calls.

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Updated 10 months ago