A large portion of Florida’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World.But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors. The two industry p

Financial services firm Consolidated Analytics acquired Real Info, Inc. — a provider of property data and valuation technology solutions.With the acquisition, Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market va

The presiding judge in a lawsuit playing out in the U.S. District Court for the Northern District of Texas between warehouse lender Texas Capital Bank (TCB) and Ginnie Mae is progressing with new, pretrial deadlines that have been set by a magistrate judge, according to court documents reviewed by R

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging.This is according to a new report from home impr

Real estate marketplace Xome appointed Michael Jansta to the position of chief operating officer, the company announced Monday. In his new position, Jansta will oversee key aspects of Xome’s operations, including auction, default servicing and quality assurance. He will also join Xome’s executive le

Chicago, Illinois-based mortgage tech firm Gateless announced an integration of its Smart Underwrite solution product with The Work Number – a digital verification solution – from consumer credit reporting agency Equifax.Smart Underwrite allows lenders to digitally analyze and interpret all essentia

The top-ranked brokerage in the country by transaction sides, eXp Realty, is facing another lawsuit alleging sexual harassment at the firm.The suit was filed last Tuesday in a Nevada federal court by Reno-based real estate agent Misty Carter. In the complaint, Carter accuses former eXp team leader C

Constellation Software’s Dark Matter Technologies rolled out an automated workflow in the Empower loan origination system (LOS) that makes it easier for lenders to identify and qualify loan applicants who could benefit from evaluation of their positive rent payment history.Developed in partnership w

According to Zillow’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. Overall, the M

After a year of challenge in the reverse mortgage industry, the major lenders in the industry look a bit different for calendar year 2023 when compared with recent years past. Reduced volume, a challenging mortgage rate environment and industry consolidation has contributed to some of the broader ch

Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire.The sources said negotiations are in the late stages and remaining details are expected to be finalized this month. As pa

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and

Uniondale, New York-based Ranieri Solutions brought on Rob Lux as its CEO to spearhead the company’s go-to-market efforts for its cloud-native servicing platform. Lux joins the mortgage tech company from Cenlar FSB, the nation’s largest subservicer, where he served as executive vice president and ch

Right-to-list agreement firm MV Realty is no longer allowed to offer brokerage services in North Carolina. The ban was the result of a two-day hearing, during which the embattled real estate firm fought to maintain its ability to conduct business in the state.In the end, the court agreed with the st

Seniors largely want to remain in their own homes as they get older, and that preference could be remaking the housing market in the city of Chicago, according to a new report.Construction Coverage, a company that reviews construction software, insurance, and financial products in order to assist pr

Sagent, a fintech software company providing a servicing management platform for banks and lenders, appointed Chris Marshall as executive chairman. Marshall is vice chairman and president of Mr. Cooper, but announced plans to retire last year and will transition out of his role leading Mr. Cooper’s

The real estate industry is facing one less copycat commission lawsuit. On Thursday, Robert Friedman voluntarily dismissed without prejudice the lawsuit he filed in late December in U.S. District Court in New York against the Real Estate Board of New York and several brokerages, according to court f

Top-producing mega team PREMIERE Group is joining fast-growing firm The Real Brokerage, according to an announcement on Monday.Founded in 2017 in Greensboro, North Carolina by David Keener, the PREMIERE Group operates as a teamerage, providing agents with marketing and operations resources. The team