REALTORS & HOMEBUILDERS

LoanDepot partners with Texas builder for new lender launch

LoanDepot partners with Texas builder for new lender launch

LoanDepot is behind a new mortgage business from West Texas-based Betenbough Cos., helping launch the affiliate as part of an expanded strategy to expand upon homebuilder partnerships. Processing Content Olive Branch Home Loans will serve customers of Betenbough, a top 50 builder based in Lubbock. Betenbough sells its homes through eight sales centers located throughout […]

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TransUnion launches new fraud and personal safety check app

TransUnion is launching a new app set to help Realtors confirm property ownership to prevent fraud, conduct personal safety checks and drive more effective prospecting. Processing Content TruLookup for Real Estate is a purpose-built solution that reduces the need for real estate professionals to analyze multiple databases or download numerous apps when researching potential clients

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Fewer buyers are interested in newly built homes

There was less interest in buying a newly constructed home last month, as macroeconomic uncertainty squashed a recent market rally.  Processing Content New home purchase applications for February were up 0.9% from the same time last year, but down 1% from January, the Mortgage Bankers Association reported Thursday. The tepid Builder Application Survey results follow

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What happens when you use ChatGPT to sell your home?

Artificial intelligence has reached the negotiating table. Processing Content A South Florida man this month described how he sold his house using ChatGPT as his real estate agent, a choice he claimed led to meaningful savings. Robert Levine told NBC South Florida he used the chatbot for much of the process, from pulling together marketing

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Lennar profit drops 56% amid rates, Iran uncertainty

Lennar’s management is working through the various challenges facing homebuilders: not just the Iran conflict, but also the antipathy against institution investor purchasers. Processing Content In its first fiscal quarter, which ended on Feb. 28, Lennar earned $229 million, less than half of the $520 million it made for the same period in 2025. The

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CrossCountry invests in builders with new division

CrossCountry Mortgage announced Thursday a significant investment in its newly formed builder division. Processing Content The lender did not disclose the size of the investment, but it reinforced CrossCountry’s commitment to the homebuilder market, the company said. The division will offer a comprehensive suite of residential lending programs and commercial lending solutions, such as builder

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Builders push back on 7-year build-to-rent selloff rule in ROAD Act

Several trade groups usually supportive of efforts to increase housing inventory are taking exception to new homebuilding language added to a federal bill currently under Senate consideration. Processing Content Lawmakers added a provision in the 21st Century ROAD to Housing Act that will require large institutional investors purchasing build-to-rent properties to sell units they purchase

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Which markets had the highest demand for renovation loans?

Lenders may find outsized demand for renovation loans in the nation’s smaller housing markets.  Processing Content Residents in states like New Hampshire and Rhode Island applied for more remodeling and home improvement loans per capita in 2024 than those in California and Texas, according to a National Association of Home Builders analysis. The trade group,

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Middle East conflict stokes inflation, risks higher rates

Early market reactions to the U.S.-Israel-Iran conflict suggest inflation fears, not flight-to-safety buying, are dominating Treasury yields, a dynamic that could put upward pressure on mortgage rates. Processing Content Resolving the conflict swiftly and handling it in such a way that it increases security in the region could have some positive ramifications for housing, but

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Toll Brothers misses orders estimates amid slow housing market

Toll Brothers Inc. fell short of analysts’ estimates for quarterly orders, signaling that fewer people are signing contracts to build homes as high prices and economic uncertainty hold some buyers back. Processing Content The luxury home builder said Tuesday that it had 2,303 signed contracts for the three months ending Jan. 31, missing analyst estimates

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