Although Howard Hanna Real Estate Services has conducted many acquisitions over the past few years, none of them made the real estate industry stand up and take notice as much as its acquisition of Elegran Real Estate earlier this month. And that’s because Howard Hanna’s acquisition of Elegran marke

Among the many tedious steps in the mortgage manufacturing process, verification of income and employment (VOIE) might top the list of challenges for lenders. Ethan Winchell’s company, Truework, aims to remove these headaches. The San Francisco-based firm was founded in 2017 and has sprouted into a

United Wholesale Mortgage (UWM) on Friday announced three new tools to help independent mortgage brokers streamline loan processing, improve workflow efficiency and expand marketing efforts. The announcement, made at the Association of Independent Mortgage Experts’ (AIME) Fuse conference in Nashvill

PennyMac Financial Services Inc. disclosed its third-quarter 2025 earnings on Wednesday, highlighted by a profit of $181.5 million from July through September — a figure that represented 33% growth from the prior quarter and 162% growth from the same period last year. The California-based mortgage l

CoStar Group has found itself on the defendant side of a lawsuit. On Tuesday, REcore Solutions, a vendor providing licensing services for California Regional MLS (CRMLS), as well as other MLSs across the country, filed a lawsuit against the Andy Florance-helmed firm, over alleged breach of contract.

eXp Realty has unveiled eXp Sports & Entertainment — a new division within eXp Luxury aimed at serving professional athletes, entertainers and other high-profile clients. The announcement was made Tuesday during eXpCon Miami, the brokerage’s annual real estate conference. eXp Sports & Entertainment

eXp Realty has announced the launch of two major artificial intelligence (AI) initiatives; Mira, a new AI-powered business assistant — and the eXp University AI Accelerator Series, an eight-week program aimed at helping agents learn to integrate AI and automation. Unveiled Tuesday at eXpCon Miami, M

Mortgage rates have edged slightly lower over the past few days, hovering near year-to-date lows as markets weigh the ongoing government shutdown and await key inflation data later this week. “Rates have been fairly flat the last week and a half; the shutdown really hasn’t — at least as far as the m

Compass is adding another feature to its suite of agent technology tools. On Tuesday, the Robert Reffkin-helmed firm announced the launch of Buyer Demand. Buyer Demand enables Compass agents and their home seller clients to see the number of serious buyers in Compass’s network who are searching for

Trade groups representing community banks and home lenders are urging the Trump administration to allow Fannie Mae and Freddie Mac to purchase mortgage-backed securities (MBS) to help bring down mortgage rates.  The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the

Selling a home has become a more complex decision as online platforms offer new ways to bypass real estate agents. According to a new Clever Offers survey, 42% of sellers said market conditions influenced how they sold their home, and many chose alternative routes such as cash buyers, iBuyers or for

The National Association of Realtors (NAR) has weighed in on the ongoing debate over whether or not Zillow’s app integration with OpenAI’s ChatGPT violates MLS IDX policies.  In a statement issued on Tuesday, NAR said that when it comes to enforcement, “each MLS is individually responsible for condu

After a nearly year-long search, Mark Spain Real Estate has finally found its new CEO. On Tuesday, the firm said it was naming David Zanaty as its new leader.  The company said that this marks a “pivotal moment for the firm as it enters a new phase of growth, building upon the strong foundation and

We have known each other for years and frequently appear on the same panel or podcast. Recently, Mosi has made some points to address some of the challenges of down payment assistance (DPA) programs, and we wanted to share and build on those thoughts because they are major shifts we feel the industr

The average interest rate on all outstanding mortgages in the U.S. is now 4.3%. You might be surprised to learn that by the end of the year, the average rate will be higher than the levels of Q1 2020, before the pandemic boom. For the average American mortgage holder, the incredible gains of the pan

Over the next two decades, roughly $124 trillion will move from baby boomers to younger generations, according to Cerulli Associates. For many millennials — amid climate anxiety and financial uncertainty — that inheritance is prompting a new question; what should ownership mean? In Norwalk, Conn., A

Credit bureau TransUnion is pushing back against the idea of replacing the current tri-merge mortgage credit model with a single credit pull, arguing that the shift would increase systemic risk and restrict access to credit. The conclusion comes from a TransUnion study released during the Mortgage B

Looking to launch a real estate career in 2025? We’ve pinpointed the best online real estate schools in California for every budget, weekly schedule and timeline — with podcast-style audio lessons, mobile phone apps, and courses for every learning style. California requires 135 hours of prelicensing

As tensions between CoStar Group and Zillow continue to heat up, Zillow has claimed that CoStar did not renew its Matterport API agreement.  CoStar closed its $1.6 billion acquisition of Matterport in March, meaning that it would be up to CoStar to decide if it wanted to renew the API agreement with