Trump administration relaxes FHA flood risk, appraisal requirements

Recission of a dozen regulatory policies is aimed at “slashing red tape that drives up costs and shuts families out of the market,” HUD Secretary Scott Turner said. Continue reading

Former Zillow mortgage originator sues over alleged wages issues

Former mortgage loan originator Andrew Josephson claims the company failed to adequately pay him and other employees for time worked in an effort to cut costs and gain a leg up on competitors. Continue reading

MLS hacked? Solid Earth’s Passkey authentication aims to lock it down

It’s not uncommon for MLS platforms and industry data sources to be caught in hacks or phishing attempts, which puts all members at risk. Continue reading

New Florida condo laws poised to ease buyer affordability stress

The two laws provide more generous timelines for condo associations and potential homebuyers on inspections and the reviewing of documents, among other measures, which should ease assessments that can negatively impact homeowners and buyers. Continue reading

Pulte: Let Fannie and Freddie count homebuyers’ crypto assets

Head of Fannie Mae and Freddie Mac’s federal regulator says mortgage giants should consider what risk mitigation might be required when counting mortgage borrowers’ crypto holdings as an asset, “including adjustments for market volatility.” Continue reading

New residential sales drop nearly 14% in May, their sharpest in 3 years

Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading

Court gives 15 commission deals final approval in minutes-long hearings

Real estate is changing fast, and so must you. Inman Connect San Diego is where you turn uncertainty into strategy — with real talk, real tools and the connections that matter. If you’re serious about staying ahead of the game, this is where you need t… Continue reading

Rocket rolls out bridge loan to win more business from homebuyers

New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading

Home price gains relaxed in April, near slowest pace in 2 years

The FHFA HPI rose 3 percent on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7 percent annual gain. Continue reading

HomeLister is the latest member of Newfound’s brokerage portfolio

HomeLister, acquired by Newfound, joins Houwzer, Trelora and HomeRise under the Newfound umbrella of web-based brokerage services, each offering its own tiered services model for non-traditional home sales that blend software, MLS and portal marketing … Continue reading