61% of ADUs are built for multigenerational housing: survey
One in five Americans now shares their homes with adult children, parents or grandparents. In the face of soaring housing costs nationwide, multigenerational living has gained...
Mortgage applications sink to 1995 levels as rates soar
As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995.
Last Monday, in...
Rohit Chopra on new mortgage servicing rules, Basel III and the CFPB’s funding
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expects that servicing rulemaking will be issued in the coming months modeled on the lessons learned through the...
MLS executives imagine a world with no MLS
As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week, the real estate industry’s...
Blend launches lower-cost option for retail IMBs
Mortgage tech firm Blend has launched a lower-cost version of its mortgage suite for retail independent mortgage banks, the company announced this week.
This offering, called Blend...
FinLocker and Milestones join forces in new partnership
Home management portals company Milestones and financial fitness platform FinLocker have announced a strategic partnership.
The aim of this partnership is to help convert the Finlocker leads...
Engel & Völkers expands its New England presence
Engel & Völkers is expanding its New England footprint with the addition of one new shop in the Greater Newburyport area, the company announced on Tuesday.
Karen...
Truv integrates with nCino’s Mortgage Suite to simplify income verification
Employment data solution firm Truv has a new integration with cloud banking provider nCino.
This latest integration will allow lenders who use the nCino Mortgage Suite to benefit...
SFR, fix-and-flip sectors are in a ‘bit of a malaise’
“Our data shows that home flipping activity around the United States dropped during the second quarter of 2023,” said Rob Barber, CEO of real estate analytics...
The Sitzer/Burnett trial kicks off in Kansas City
The highly anticipated trial of the Sitzer/Burnett buyer broker compensation class action lawsuit kicked off in earnest on Tuesday morning, with opening arguments taking place in...