June 2025

Mortgage group eyes end of tri-merge reports

The Mortgage Bankers Association has begun to study the feasibility of reducing the government-related mortgage market’s traditional three credit-report pull to a single one, putting a new twist on an old proposal. President and CEO Bob Broeksmit said in a recent blog that the move could fit in with an industry regulator’s interest in promoting

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How to think about home prices for the rest of 2025

The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are

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HomeServices of America welcomes yet another new executive

HomeServices of America has announced the addition of another new executive to its roster. On Monday, the firm announced the appointment of Renee Gonzales as its new vice president of core services integrations. In this newly created role, Gonzales will focus on accelerating the business growth and operational alignment across HomeServices’ national network of companies.

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Massachusetts set to bar home sellers from requiring inspection waivers

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. The policy, put forth by the state’s Executive Office of Housing and Livable Communities (EOHLC), prohibits sellers and their agents from requiring or encouraging buyers to waive a home inspection as a condition of purchasing real estate. It also

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Robert Reffkin continues his digital crusade against Zillow, Clear Cooperation

Tensions between Compass CEO Robert Reffkin and Zillow are continuing to build in the lead up to Zillow’s new listing standards going into effect later this month. Reffkin followed up last week’s LinkedIn post claiming that Zillow no longer displays all MLS listings to prospective homebuyers, with two more posts. On Friday, Reffkin highlighted Zillow’s

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IRS stipulation could have consequences for seniors in a declining stock market

Growing fears of a retirement crisis in the U.S. are no secret as Americans face a future that potentially includes fewer Social Security benefits. But the uncertainty of Social Security is not the only thing that seniors should consider as they seek to safeguard their financial well-being. Over the weekend, The New York Times detailed

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Opendoor will pay $39M to settle pricing algorithm lawsuit

Opendoor has agreed to pay $39 million to settle a lawsuit that alleges the company misled investors about the reliability of its pricing technology, according to court documents filed Friday. The proposed settlement — filed in federal court in Arizona and first reported by Reuters — must still be approved by U.S. District Court Judge

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How to make the most of real estate testimonials to attract new clients

Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business. That’s where real estate testimonials come into play. We all know that getting testimonials is an important part of building a business, yet it’s often a forgotten step in the process. More often than

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Frank Martell leaves loanDepot, takes CEO role at SmartRent

Former loanDepot CEO Frank Martell has officially moved on. SmartRent Inc., a provider of smart community technology solutions for the rental housing industry, on Monday announced that Martell will take on the roles of president and CEO effective immediately. Martell, who has been a member of SmartRent’s board of directors and served on the board’s

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