With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

loanDepot on Thursday reported that its second-quarter 2025 revenue increased by 3% to $283 million and adjusted revenue increased 5% to $292 million compared to the prior quarter. loanDepot’s first quarter saw the return of loanDepot founder and executive chairman Anthony Hsieh to the day-to-day op
Read MoreTrump taps economic adviser Stephen Miran for Fed board seat

President Donald Trump announced Thursday that he will nominate Stephen Miran — his top economic adviser — to fill a vacant seat on the Federal Reserve‘s Board of Governors following last week’s resignation of Adriana Kugler. Miran, who currently chairs the White House Council of Economic Advisers,
Read MoreRealtor.com: Price premium for new homes sinks to all-time low

The price gap between new and existing homes fell to a record low in the second quarter of 2025 — making newly built properties a more affordable option for many buyers, according to Realtor.com’s quarterly new construction report released Thursday. The nationwide premium for new homes dropped to 7.
Read MoreAperture Global Real Estate expands into Montana

LPT Realty founder Robert Palmer is launching his latest venture — Aperture Global Real Estate — in Big Sky, Montana. Aperture, the luxury affiliate of LPT Realty, has established a presence in 17 U.S. states and four international cities. The firm’s expansion comes on the heels of Palmer’s success
Read MoreCypress Loan Servicing settles foreclosure case for $2M

Cypress Loan Servicing has reached a $2 million settlement with the Massachusetts Attorney General’s Office (AGO) over allegations that it violated state foreclosure prevention and consumer protection laws.According to the AGO, Cypress — formerly known as Rushmore Loan Management Services — allegedl
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DALLAS, TX — August 7, 2025 — HousingWire Data, the enterprise data division of HW Media, has launched Sold Intel, a new product offering that brings transaction-level clarity to the housing market. Sold Intel joins the platform’s existing datasets – Listings Intel and Pending Intel – offering clien
Read More Better mortgage spreads lead to the lowest rates of 2025
Today, we had another new low in mortgage rates. It was nothing too drastic, just a 0.2% drop from 6.57% to 6.55%, but it’s on a day that the 10-year yield is currently flat to higher, which means mortgage spreads made the difference today. Just like in 2024, mortgage spreads don’t always get the re
Read MoreBetter’s losses are shrinking. It could break even by late 2026

Better Home & Finance Holding Co. announced its second-quarter 2025 earnings on Thursday. The company revealed that it’s still operating at a loss, but it showed clear improvement in the second quarter as revenue grew, loan volume rose and its tech offerings expanded. In its earnings call on Thursda
Read MoreAI tool creates ‘podcasts’ for real estate listings

A United Kingdom-based real estate agency has introduced personalized audio summaries as a new way for prospective homebuyers to revisit property viewings. Plans are reportedly in the works for a U.S. release. Ashton Stripp, an agency based in Sussex, is now sending custom “podcasts” to individuals
Read MoreChristie’s International Real Estate Southern California launches crypto division

Christie’s International Real Estate Southern California has launched a cryptocurrency real estate division. The new division debuts with more than $1 billion in luxury listings accepting digital currency, including what the company says is the most expensive home ever offered for cryptocurrency. “T
Read MoreSan Francisco Realtors add virtual staging tools

The San Francisco Association of Realtors (SFAR) has partnered with Collov AI to provide its more than 4,000 members access to artificial intelligence-powered virtual staging tools. Beginning this week, the tools will be available directly through SFAR’s multiple listing service platform. The techno
Read MoreAugust Demo Day: Tavant Title Analysis – Touchless Lending

Title Analysis – Touchless Lending Tavant’s AI-powered Title Analysis solution identifies title risks, extracts relevant data, andprovides lender-ready recommendations—streamlining the closing process and reducingrepurchase risk. Product Fast Facts #1 AI reads and interprets complex title docs using
Read MoreAugust Demo Day: Blend’s DocAI

Blend’s DocAI Blend’s DocAI revolutionizes mortgage and home equity closings by automating document processing, dramatically shortening time to close and boosting customer satisfaction. Product Fast Facts #1 Instantly verify uploaded document type and check for data mismatches, shortening time to cl
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Vesta LOS Vesta is the next-generation mortgage LOS that reduces lenders’ operational cost by “inverting control,” guiding users through the loan. With data-driven tasks, validations, and native automations, Vesta eliminates manual work — enabling faster closing times, higher loan quality, and great
Read More August Demo Day: Sapiens Decision AI Decisioning Platform (“Decision”)

Sapiens Decision AI Decisioning Platform (“Decision”) Sapiens Decision is an intuitive modern AI decisioning SaaS solution designed for automating complex decisions. Our visual modeling workbench is based on a proven methodology that covers decision modeling, testing, and governance. Auto-generation
Read MoreAugust Demo Day: Blue Sage AI Sales Agent

Blue Sage AI Sales Agent The Blue Sage AI Sales Agent is a voice- and text-enabled assistant that streamlines loan officer workflows. Fully integrated into our Digital Lending Platform, it uses natural language to create contacts, retrieve loan details, run borrower scenarios, and send emails—boosti
Read MoreAugust Demo Day: AutomatIQ Borrower Income Analysis by Cotality

AutomatIQ Borrower Income Analysis Multiple income sources? Calculate self-employed income? That’s easy. With a streamlined interface and productivity gains of up to 100%, AutomatIQ Borrower Income Analysis’ all-in-one solution helps quickly qualify borrowers and reduces the risk of loan repurchases
Read MoreAugust Demo Day: Developer Platform by Dark Matter

Developer Platform The Developer Platform offers access to a fully open API ecosystem. By providing external developers with self-service access to documentation, code samples, and integration guides, the portal eliminates barriers to innovation—empowering clients and partners to build on Empower wi
Read MoreFHFA doubles GSE funding allowance for low-income housing tax credits

Fannie Mae and Freddie Mac will be allowed to double their annual investments in Low-Income Housing Tax Credit (LIHTC) properties from $2 billion to $4 billion, the Federal Housing Finance Agency (FHFA) announced Tuesday. The move, which is intended to advance the affordable housing missions of the
Read MoreAbandoned mortgage apps are on the upswing. Homebuyer confusion could be the culprit

Mortgage applications don’t always fail with a formal rejection — many simply stall. A report released last month by Cotality found that homebuyer hesitation often predicts loan fallout, even without an official withdrawal. As a result, the property analytics firm found that 16% of buyers “ghosted”
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