Author Archives: Patrick Kearns

Congress punts flood insurance extension to next week

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The U.S. Senate on Thursday passed a six-month extension to the National Flood Insurance Program just hours before the program lapsed. Continue reading →

Death of the home appraisal?

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Proposed government regulations announced by Office of the Comptroller of Currency would raise the threshold for transactions requiring an appraisal. Continue reading →

National flood insurance program set to expire Friday

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The deadline to extend the National Flood Insurance Program expires Friday, meaning House and Senate have two days during the lame duck session to ensure homeowners will have protection. Continue reading →

‘This blows my mind’: Agents balk at return of Zillow unvetted leads

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A decision announced by Zillow to reinstate unvetted leads to its Premier Agent platform has divided agents, some of whom say conversion rates were too low. Continue reading →

Home price growth slowed again in September: Case-Shiller

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Home price gains slowed to 5.5 percent in September, year-over-year, according to the latest S&P CoreLogic Case-Shiller National Index. Continue reading →

Zillow stock on the rise as board members double down

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After nosediving following the release of its lower-than-expected third-quarter results, Zillow stock is on the rebound and two of its board members are doubling down on the Seattle-based real estate technology company.  Continue reading →

Zillow brings back unvetted leads to Premier Agent

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Zillow announced it’s officially bringing back non-validated email leads – in addition to connecting agents with validated leads on the phone – just seven months after it dropped them for its Premier Agent customers. Continue reading →

LoanDepot originator’s email to Realtor ignites blowback

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A mortgage originator with loanDepot in California tried to poach a Realtor that had worked with a mortgage broker on multiple transactions, the company confirmed to Inman after an email detailing the allegations was made public. Continue reading →

Existing home sales up in October, ending 6-month slide: NAR

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Existing home sales ended a six-month skid in October, climbing 1.4 percent from September. Despite the monthly gain, sales were still down 5.1 percent year over year. Continue reading →