HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
EliseAI to integrate conversational AI into Zillow Rentals listings
The system will be capable of booking in-person, virtual or self-guided tours directly into a leasing team’s calendar.
Nevada senator accelerates criticism of Republican federal lands proposal
Nevada Sen. Catherine Cortez Masto (D) is ramping up opposition to a proposal to sell wide swaths of federal land in her state and in Utah.
Lower to settle LO poaching dispute with Residential Wholesale Mortgage
A two-page notice filed by Lower on May 16 offered few details about the settlement, but it signals the end of a brief legal battle
FHFA’s pilot to waive lender title insurance on refis faces opposition
Program will be announced during Biden’s 2024 State of the Union address on Thursday night.
NYCB, a struggling $78B resi mortgage servicer, to receive $1B equity investment
Former Comptroller of the Currency Joseph Otting will become the CEO of NYCB, a large residential mortgage servicer that’s had a confidence crisis.
Illustrated: The awesome power of high mortgage rates
High mortgage rates – and big rate swings – have major impacts on housing supply and demand. Here’s what recent moves imply for the road ahead.
Supply of new homes shows a stabilizing housing market
For me in 2021, finding a good base for home sales data to work from was always going to be key because what happened toward the second half of 2020 in housing data was a once-in-a-lifetime event and people might have had a wrong impression on where sales were trending. HW+ Premium Content.
HW+ Member Spotlight: Lisa Dunn
Continuing our new HW+ member spotlight series, we’re featuring Lisa Dunn, partner/owner at LAUREL Real Estate Resources, as she talks about the trends that she is closely watching. HW+ Premium Content.
Existing home sales pop the 2021 housing bubble boys
So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content
