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FHA walks back Biden-era restrictions on foreclosed property sales

Housing Wire

In walking back policies designed to boost participation in foreclosed property sales for nonprofit and government bodies, the Federal Housing Administration (FHA) said that policies put in place in 2022 that restrict certain sales to these entities for a 30-day period have produced mixed results at best and will now be rescinded.

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Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

Existing home sales have hit multi-decade lows. The core insight: a well-designed financial product can serve both borrowers and lenders without creating systemic friction. In todays environment, that design is becoming a liability. Its a design problem. And design problems demand design solutions.

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Luxury Presence releases hub for off-market home sales

Housing Wire

Luxury Presence has introduced Private Listings Hub, an invitation-only platform designed to help real estate agents promote off-market and pre-market listings with greater control and discretion.

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AgentCoach.AI is deploying bots to train real estate agents

Housing Wire

Users can access AI bots designed to assist agents with general real estate knowledge, sales, marketing , negotiation and motivation. Each training bot is designed to tackle one of five challenges that real estate agents may face. The new platform will leverage specialized training bots to help agents prepare for business.

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Prudent AI launches one-touch pre-qualification platform

Housing Wire

Prudent AI on Monday announced the launch of Prudent AI Upfront, a one-touch pre-qualification platform designed to improve lender sales funnels. The company claims the product is the mortgage industry’s first of its kind and allows lenders to process more applications, reduce fallout and capture more business.

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California will require home insurers to offer policies in high-risk wildfire areas

Housing Wire

Fewer options have led more homeowners to the California FAIR Plan, which is designed to be a stopgap measure rather than a permanent solution. The lack of insurance options has also led to many home sales falling through. The number of policies under the FAIR Plan more than doubled from 2020 to 2024, according to the AP.

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realMLS adds transparency platform Rayse as a member benefit

Housing Wire

The platform, designed to improve transparency in real estate transactions, is now available through agents’ realMLS dashboards and at rayse.com/realmls. Rayse helps agents show the story behind the sale. Access to the real estate platform Rayse has been provided to all realMLS members at no additional cost.

MLS