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CFPB drops nonbank registry rule, citing cost burden
CFPB acting director Russell Vought raised concerns about the costs the rules impose on regulated entities and the expenses CFPB would incur for maintaining the registries.
Zillow adds in-app messaging to chat with ‘co-shoppers’
Users can invite a partner, roommate or friend to their in-app inbox to coordinate their home search together.
David Benson is back at Fannie Mae
David Benson returns to Fannie Mae as senior adviser, bringing experience during a time of leadership changes and potential IPO plans.
Reverse mortgage industry urged to elevate standards, shift perceptions at NRMLA meeting
Ryan Ponsford urges reverse mortgage professionals to enhance credibility and collaborate with financial advisors to shift industry perceptions.
Homebuyers sue D.R. Horton, DHI Mortgage for alleged deceptive lending
Plaintiffs aim to stop what they describe as a scheme that encouraged homebuyers to purchase more expensive homes with larger mortgages.
Fifth Third grows mortgage lending to $5.2B, plans Southern expansion
The Cincinnati-based bank, already a top 10 mortgage servicer, said it has grown market share in 90% of its key markets this year as it continues to expand its mortgage operations.
Zillow’s ChatGPT integration could redefine — or violate — MLS policies
Critics say the integration breaches IDX display rules, while others see it as a needed wake-up call for modernizing MLS policies.
David vs. Goliath: why the Compass–Anywhere deal is a win for the little guys
Discover why San Francisco’s boutique real estate agencies are poised for success in the wake of the Compass-Anywhere merger. Local expertise trumps corporate scale.
High rents and growing inventory create room to convert renters
Rents remain high as for-sale inventory expands and price cuts increase, giving buyers more options.
This is the single greatest factor standing in the way of RON
Despite what you might think, state regulations, while a major factor, are not the greatest obstacle to universal acceptance of RON.
Brace yourself for the riskiest week in wire fraud
Ready for the riskiest week for wire fraud? As if the threat of wire fraud wasn’t already high enough this year, the situation is likely to get much worse before it gets better. HW+ Premium Content
The pandemic transformed real estate closings, but will digital adoption stick?
The pandemic finally forced real estate closing participants to examine how they conduct closings, fueling a digital movement that was previously slow to catch on. HW+ Premium Content
