June 2025

Trump wants Powell to lower rates. Here’s how to do that

Today, President Trump called Fed Chairman Jerome Powell “Too Late” in a social post and said that he can save the country billions of dollars by shaving 2.5% off the Fed Funds rate. This is part of an ongoing Trump attack on the Fed Chair to cut rates, but is this strategy the best way […]

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Home flipping activity slows nationwide as profits tighten

The U.S. home flipping market showed signs of strain in the first quarter of 2025 as the number of flipped properties dropped to a six-year low and profit margins continued to erode, according to ATTOM’s Q1 2025 U.S. Home Flipping Report. A total of 67,394 single-family homes and condominiums were flipped between January and March,

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15 commission lawsuit settlements are up for final approval next week

Commission lawsuit settlement agreements from 15 real estate industry players, including major names like Keyes Co./Illustrated Properties, Side, JPAR, NextHome and Baird & Warner will be up for final approval on Tuesday, June 24. The fifteen settling defendants, which come from the Gibson and Keel suits, filed a joint motion for final approval of the

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‘Feelings-based recession’: More Americans fearful of finances

A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study for the second quarter of 2025. The result is a

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Hoby Hanna talks M&A strategy, market share goals

Hoby Hanna, the CEO of Howard Hanna Real Estate Services and Hanna Holdings, joined the RealTrending podcast this week to discuss his company’s approach to growth, technology and consumer offerings. In an interview with host Tracey Velt, Hanna breaks down a selective approach to mergers and acquisitions while emphasizing cultural compatibility over rapid expansion. He

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Inside UWM’s tech evolution: How LEO and Mia are shaping the future of mortgage lending

Technology is accelerating change across the financial services industry, and United Wholesale Mortgage is at the forefront of mortgage innovation. With the launch of two groundbreaking platforms— the Loan Estimate Optimizer (LEO) and Mia, an AI-powered assistant for loan officers, UWM is setting a new benchmark for how technology and especially AI can transform the

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2025’s Top Producers by loan count

This metric supports the originators who create a high number of loans but because of factors like local home prices or products offered, have lower total dollar volumes. For example, Ashley McKenzie, a senior mortgage loan officer at Highlands Residential Mortgage in Winston-Salem, North Carolina, ranked fourth by number of loans originated, although she was

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Class Valuation unveils appraisal review tool

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations. The new tool, Class Valuation Analysis (CVA), offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model (AVM) technology. “In today’s market, uncertainty is expensive, and lenders can’t afford to second-guess their valuation

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Christie’s International Real Estate affiliate expands in Michigan

Birmingham, Michigan-based brokerage @properties REMI Christie’s International Real Estate is opening its 10th office in the state in July by expanding into the lakeside resort town of Traverse City. The brokerage was launched in 2021 by Detroit-area natives Eric Walstrom and Alex Irrer, and it has grown from an initial operation of two offices. Leading

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