Monthly Archives: May 2024

Cap on servicer fees for FHA loan assumptions doubled to $1,800

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While lenders welcomed the increase, it might benefit homebuyers as well, by giving loan servicers more incentive to process FHA loan assumptions quickly. Continue reading →

Morgan Stanley exec: Prepare now for the new wave of wealth

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Ileana Musa of Morgan Stanley told Inman Connect Miami attendees that as younger generations, women and Latinos shift into wealth in upcoming years, now is the time to create relationships with them. Continue reading →

Jonathan Adler talks ‘modern American glamour’ on Miami stage

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World-renowned designer Jonathan Adler sat with real estate icon Sherry Chris to talk about style, authenticity, love and needlepoint. Continue reading →

Veterans Affairs will suspend rule blocking vets from paying agents

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Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process. Continue reading →

DOJ sends signal to industry in first commission comment since March

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Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department’s impression of the proposed NAR settlement. Continue reading →

Agents need to embrace the new and the old to succeed

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Danny Hertzberg, Jill Hertzberg and others shared the stories and tips that helped them succeed while on stage Wednesday at Inman Connect Miami. Continue reading →

With growing demand, Real launches luxury division

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Several months after Kofi Nartey announced his team’s move to Real, the brokerage has launched a new luxury division with Nartey serving as executive director. Continue reading →

Zillow launches AI tool to stop fair housing discrimination

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The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The code is available on GitHub. Continue reading →

As disruption mounts, top agents will be dominant: Jimmy Burgess

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The CEO for Berkshire Hathaway HomeServices Beach Properties of Florida argued at Inman Connect Miami on Wednesday that real estate is like a race — and this moment is similar to a curve. Continue reading →