The Federal Reserve on Thursday outlined a slate of five new task forces led by prominent academics and business leaders. They will scrutinize how the central bank communicates, manages its balance sheet, interprets data, evaluates productivity and jobs, and responds to inflation. The initiative, de

Bright MLS is set to implement a series of rule updates later this summer designed to give agents more options and sellers greater control over property data. Changes also establish new protections around the use of listing information in artificial intelligence (AI) applications. Other moves includ

Three housing organizations sent a letter this week to leaders at Fannie Mae, Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), regarding pending changes to condominium lending rules through the government-sponsored enterprises (GSEs). On July 8, the Community Home Lenders

Homebuyers and sellers are beginning to treat ChatGPT and other large language models (LLMs) like a genie in a bottle. They often trust AI recommendations implicitly because the suggestions are the result of personalized, deep-diving research and an authoritative verification process. The phenomenon

A little more than a month into a hostile homebuilder takeover saga that has not quite reached midsummer, Dream Finders Homes’ pursuit of Beazer Homes is beginning to resemble a Shakespearean tale of unrequited love. The ardent suitor has returned again. And again. The latest offering is richer: $32

Buckling columns at the former Pfizer headquarters this week forced evacuations across seven Midtown East blocks. The incident raises new questions about office-to-residential conversion, one of several tools the city has used to add housing. It is also a tool Mayor Zohran Mamdani leaned into becaus

Synergy One Lending, a division of American Pacific Mortgage (APM), will assume control of Newrez’s distributed retail mortgage business under a new strategic agreement announced Wednesday, extending an existing partnership and reshaping both lenders’ retail strategies. The agreement — which is not

Ryan Smith will become CEO of Visionary Homes on Sept. 1, 2026, as founder and current chief executive Jeff Jackson transitions to chairman of the board, the Utah homebuilder recently announced. Smith joined Visionary Homes on June 15 and will work alongside Jackson through the summer before formall

In a request for information (RFI) scheduled for publication Thursday in the Federal Register, the Consumer Financial Protection Bureau (CFPB) will seek public input on whether mortgage disclosure requirements and other lending regulations should be revised to reduce compliance burdens and improve a

Can mortgage rates get to 7% or above this year, given the continued nature of the Iran conflict? While not part of my forecast in 2026, the Iranian conflict has changed a lot of things. However, even with all the drama this year, mortgage rates have still not reached 7%. Today I’ll explain why we h

Sotheby’s International Realty has acquired Majestic Realty Collective, a luxury real estate organization operating multiple Sotheby’s International Realty affiliates across the western U.S. The acquisition expands Sotheby’s International Realty’s presence in luxury and resort markets, adding operat

Douglas Elliman announced today a companywide technology transformation aimed at consolidating systems, automating operations and developing new real estate intelligence capabilities through a newly formed business unit called Elius. The New York-based real estate firm said the initiative will opera

Unlock Partnership Solutions Inc., dba Unlock Technologies, has agreed to treat its home equity agreements (HEAs) as consumer credit under Colorado law, pay restitution to affected homeowners, and meet state licensing and disclosure rules, the Colorado attorney general’s office announced June 24. Th

The residential real estate market today is fundamentally different than just a few years ago. In April, 5.8% of homes were taken off the market, reaching delisting rates not seen since March 2020. Plus, economic uncertainty and rising inflation have made generating sufficient income a challenge for

Loan originator pipeline growth has followed a familiar formula: originate a purchase loan, capture a refinance when rates fall and hope the borrower returns for their next home purchase. But in today’s housing market, that model is producing fewer opportunities. Purchase volume remains constrained,

As artificial intelligence (AI) becomes embedded across the mortgage lifecycle, lenders are rethinking how they use data to drive decisions and automate workflows. Chris McEntee, Vice President of Corporate and Product Development at ICE, discusses how AI mortgage lending is transforming mortgage bu

Artificial intelligence (AI) is quickly becoming part of every conversation in homebuilding. But as builders invest in AI to improve sales, marketing and operations, many are overlooking the factor that will determine whether those investments succeed: organizational knowledge. AI is only as valuabl

Several former Stockton Mortgage Corp. employees have denied allegations that they misappropriated trade secrets and interfered with the company’s business after leaving to join competitor Ixonia Bancshares, operating as Novus Home Mortgage, according to court filings. Eighteen defendants filed thei

North Carolina housing advocates have tried for years to pass state-level zoning reform. They kept falling short. Broad reforms met the same fate in the recently ended session – except one: parking reform. What started as a stormwater management bill became one of the most aggressive parking reforms

The hearing regarding Zillow’s motion for a preliminary injunction in its ongoing antitrust battle with Midwest Real Estate Data (MRED) and Compass International Holdings may have concluded last Thursday, but the parties are still waiting for an answer.  This week, all three parties must file post-h