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Why connected data matters after the home is built
With 65% of Americans owning a smart device, post-close data gaps are becoming a servicing and risk issue
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Inflation and housing costs are squeezing senior homeowners, Longbridge survey finds
Only 28% of homeowners 55+ expect their finances to improve soon, with financial confidence split sharply by income and gender
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Rocket Mortgage will make VantageScore 4.0 its default credit model
Rocket says a 4-month test using 1.4 million reports helped some borrowers qualify and improved pricing outcomes
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Home Price Growth Accelerates to 1.9% in July, but Real Values Still Fall
The S&P Cotality Case-Shiller Home Price Index showed national home price growth picking up further through July, with the U.S. National Index rising 1.9% year over year, but down in real terms when taking inflation into account.
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Coming soon listings are changing the rules of the home search
Agents cite shifting syndication rules by brokerage and MLS, with NWMLS First Look allowing up to 21 days pre market
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NeighborWorks America awards $4.14M in supplemental grants
Awards cover 23 network organizations in 17 states and the District of Columbia
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Benchmark shuts down wholesale division Eleven Mortgage, says it will focus on retail
The company announced the wind-down of its wholesale and correspondent channel
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Can a $100M homebuilder build his own operating system with AI?
Alex Akel says he spent 1,600 to 1,800 hours building an integrated platform spanning sales to field operations
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Sitzer settlement survives another challenge as attorneys fight over $120M commission fund
Objectors March and Friedman lost rehearing requests, Gibson rehearing petition remains pending
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UWM’s Mat Ishbia backs VantageScore 4.0, says Underwriting+ results are ‘off the charts’
At last week’s AIME Fuse event, Ishbia also shared his thoughts on UWM’s new Underwriter+ program
