We’ve entered the busiest season in the real estate industry at the same time that markets are more uncertain than ever. Nearly 40% of annual home sales happen between May and August, and we’re quickly approaching the most popular day to list your home: June 1*. Meanwhile, the economic landscape is shifting — mortgage rates, […]
How agents can support first-time sellers in an uncertain market Read More »
Preparing for the summer season — typically a peak period in most real estate markets —requires strategic planning and a keen focus on the client experience. Competition can heat up quickly and as a global brokerage, here’s how we’re preparing for a successful luxury summer selling season across the markets we serve — and how
Global readiness: Preparing for the luxury summer selling season across markets Read More »
AI-based tools are now substantially reducing both the time and labor of routine mortgage processing. Traditional procedural steps—such as employment proofing, income verification, fraud detection and title checks—have long resulted in an unnecessarily lengthy time for a mortgage application’s approval. But the potential benefits of the AI revolution in mortgage lending aren’t just speculation; they are
How AI is already transforming—and improving—the mortgage underwriting process Read More »
On Monday, FHFA Director Bill Pulte called on Federal Reserve Chairman Jerome Powell to lower interest rates. His exact tweet was: “Jay Powell needs to lower interest rates – enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better
FHFA Director Pulte calls on Powell to lower interest rates Read More »
Millennial homebuyers (born between 1981 and 1996) are reshaping the real estate landscape with their strong preference for digital tools and technology-driven experiences. As the largest cohort of homebuyers in the U.S., their tech-first approach influences how properties are marketed, searched and purchased. Here’s the hard truth. If these buyers are looking online for lenders
Building an empire starts with your POS Read More »
Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday. The timing of the president’s announcement took many by surprise, given rising bond yields, an uncertain trade war
Bessent weighs mortgage rate risk in potential release of GSEs Read More »
An existing reverse mortgage-backed securities issuer and wholesale lender is making a new play for the retail space, according to a new announcement. GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to add to its existing efforts in
A Rockdale County, Ga., judge has approved a $40,000 settlement between the Channing Cove Homeowners Association (HOA) and Michelle Bernard — a longtime homeowner who sued the HOA over a disputed lien on her property. Bernard’s legal battle began after the HOA placed a lien on her home for a little under $3,000, citing unpaid
This Georgia homeowner went to war with her HOA—and won Read More »
Counseling is an essential part of the Home Equity Conversion Mortgage (HECM) origination process, and the U.S. Department of Housing and Urban Development (HUD) has recently refreshed some of its guidance documents for HECM counselors to offer essential information. HUD this month published a “toolkit” detailing how someone can become a HECM roster counselor. The
HUD publishes new reverse mortgage counseling guidance Read More »
A long-standing central Colorado real estate firm has joined the Century 21 network, bringing more than five decades of local knowledge. First Colorado Land Office, Inc. — established in 1973 and now led by fifth-generation Salida, Colo., native Jeffrey Post — is now doing business as Century 21 Community First. The move, Post said, is
Century 21 expands Colorado footprint Read More »