Restb.ai partners with Lundy to deliver voice-driven property searches

Two artificial intelligence startups are teaming up to make searches through multiple listing services (MLSs) more accessible to the visually impaired. The combined technology of Restb.ai and Lundy will allow users to search listings through voice commands. Restb.ai leverages AI to produce computer
Read MoreVestaPlus scores partnerships with MLSs in Ohio, Wisconsin

VestaPlus is gaining more traction with its artificial intelligence-powered compliance system. The company announced that Firelands Association of Realtors in Ohio and Northwest Wisconsin MLS have signed up for CheckMate, the firm’s listing compliance violation detection software. In July, Staten Is
Read MoreSam Valverde on Ginnie Mae’s reverse activity and HMBS 2.0

Sam Valverde, the acting president of Ginnie Mae, has overseen the work the government-owned company is currently engaging in to better improve the liquidity situation for the companies involved in the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program. These inclu
Read MoreStartup Realoq takes on real estate giants with MLS platform

A new startup wants to help real estate agents get more out of their multiple listing service (MLS).Realoq has launched a MLS platform that features customized branding and direct access to consumers, and the company believes it will provide savings on lead generation.“This new solution is ideal for
Read MoreReverse industry rep reappointed to role on HUD housing counseling committee

Carol Dujanovich, senior vice president and director of reverse mortgages at University Bank, has been reappointed to a new three-year term as a member of the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Federal Advisory Committee (HCFAC).The committee is designed to adv
Read MoreHUD: A racial divide exists between FHA homeownership and rental assistance programs

Researchers at the U.S. Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. They found that homeownership program beneficiaries generally live in m
Read MoreMortgage rates are back near 6.5%. Will they stay there?

About a week after the Federal Reserve lowered benchmark interest rates for the first time since the start of the COVID-19 pandemic, mortgage rates reached their low point for 2024.The news has not been so positive since then for U.S. consumers or the housing industry.According to HousingWire’s Mort
Read MoreZillow’s Annual Unlock Conference Celebrates, Empowers Super Agents

Coldwell Banker taps Payload for automated earnest money deposits

Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. Technology provider Payload is integrating with the brokerage firm, according to a recent announcement.With its new integration, Coldwell Banker Realty — a subsidiary of Anywhere Real E
Read MoreCalifornia, New York have the nation’s most expensive ZIP codes

The nation’s most expensive neighborhoods are once again in coastal states. A recent report from real estate data provider PropertyShark ranked California, New York and Florida as the states with the most expensive ZIP codes in 2024.The report listed the 100 most expensive ZIP codes between Jan. 1 a
Read MoreFairway, accused of redlining in Alabama, agrees to settle for $1.9M

Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama, metro area.The agreemen
Read MoreMISMO working group targets January for new reverse mortgage standards

The Mortgage Industry Standards Maintenance Organization (MISMO) is targeting January 2025 as the release window for reverse mortgage standards from its work group that is analyzing and developing the standards, according to a statement released Tuesday by Mortgage Cadence.“Interestingly, traditiona
Read MoreTitle Success enters the M&A matchmaking business

Title valuation, brokerage and consulting services firm Title Success, which is powered by Bowe Digital, announced Monday that it has launched a newly designed website.The new site offers a listing service for title companies looking to sell their operations. Title insurance agency owners interested
Read MoreTomo CEO Greg Schwartz talks market conditions, AI-driven loan production solutions

In the newest episode of the PowerHouse podcast, HousingWire CEO Clayton Collins sits down with Greg Schwartz, CEO of Tomo, to discuss market recovery indicators and Tomo’s recent investments in artificial intelligence (AI). Schwartz also shares his approach to building a mortgage company alongside
Read MorePrimeLending onboards a rival lender’s CEO

Brian McKinney, formerly the CEO of Benchmark Mortgage (a dba of Ark-La-Tex Financial Services), has joined PrimeLending in a newly created executive position. McKinney, who’s been CEO of Benchmark since 2016, will serve as executive vice president for growth and strategic development at PrimeLendin
Read MoreFCC says new rules for robocall and text opt-outs will take effect in April 2025

The Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced that new rules related to the Telephone Consumer Protection Act (TCPA) will go into effect in April 2025.The new guide
Read MoreBank of America mortgage origination volume declines 7% in Q3

In the third quarter of 2024, Bank of America (BofA) saw a decline in mortgage production, despite a drop in interest rates that benefited competitors like Wells Fargo, JPMorgan Chase and Citi. BofA announced on Tuesday that it posted $5.3 billion in first-lien mortgage volume from July to September
Read MoreVA streamline refis ruled the mortgage market in September

Mortgage credit availability decreased in September, according to the latest Mortgage Bankers Association (MBA) analysis of ICE Mortgage Technology data.The MBA’s Mortgage Credit Availability Index (MCAI) fell by 0.5% to a reading of 98.5 in September. The MCAI for conventional loans fell by 1.7%, w
Read MoreMortgage rate dip makes for a lively 'last call' in this year's home shopping season

Opinion: How real estate will come back stronger

The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name
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