Thu.Mar 06, 2025

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25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

Housing Wire

A group of 25 Canadian nationals have been charged in what the U.S. Attorney for the District of Vermont is referring to as a grandparent scam that allegedly defrauded older U.S. citizens across 41 states. 23 of the alleged participants were arrested in Canada on Tuesday, according to an announcement by the U.S. Attorneys office. Two of the alleged suspects remain at large.

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Want to get more for your sellers? List in late May

Inman

Despite a slow start to the year, Zillow's latest report said May might be a potential goldmine for homesellers. Listings that go live during the last two weeks of May receive a premium of $5,600.

Sales 167
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Real Brokerage leverages agent count growth for soaring revenue

Housing Wire

The stagnant housing market has brokerages across the country on their knees, but The Real Brokerage isnt waiting for market conditions to improve to grow its business. Instead, its continuing to add agents at an explosive rate. On its earnings call for the fourth quarter of 2024, the company disclosed that its agent count was 24,140 at the end of the year.

Brokerage 370
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Focus on homebuyers helps Guild swing to $97M 2024 profit

Inman

At $24 billion, Guild's 2024 mortgage production marked the San Diego-based lender's biggest year since the pandemic-fueled refinancing boom.

Mortgages 167
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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A new source of affordable housing inventory: Private seller auctions

Housing Wire

Tony Richards recently purchased four properties in his hometown of Montgomery, Alabama. He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. All four of the properties are in underserved neighborhoods as defined by the Federal Housing Finance Agency (FHFA). Additionally, three of them are on the same street.

More Trending

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Anthony Hsieh returns to loanDepot as Frank Martell departs

Housing Wire

loanDepot founder and controlling shareholder Anthony Hsieh is returning to an operational role at the California-based mortgage lender and CEO Frank Martell is departing. In an announcement made Thursday, loanDepot said Hsieh, the company’s chairman of the board, has returned as executive chairman of mortgage operations. Martell will step down from his current posts as of June 4 and transition to a board advisory role.

Mortgages 340
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The Real Brokerage posts billion-dollar revenue benchmark in 2024

Inman

The Real Brokerage brought in more than 10,000 new agents in 2024 while surpassing a $1 billion in annual revenue, according to fourth-quarter and fiscal-year earnings Thursday.

Brokerage 158
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Matthew Cenedella takes CFO post at NAR

Housing Wire

The National Association of Realtors (NAR) announced Thursday that Matthew Cenedella is taking over as its chief financial officer, with longtime CFO John Pierpoint set to retire at the end of the month. Cenedella is set to start his new role on March 19. Pierpoint has served NAR for nearly four decades, including serving as CFO and as a staff executive to NARs Finance Committee for 20 years.

Finance 370
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Real Brokerage hits 1st billion-dollar year as agent count soars

Real Estate News

Revenue jumped 84% compared to the previous year and the company added 10,000 agents in 2024 after needing nine years to gain its first 10,000.

Agents 299
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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FHA extends foreclosure, eviction moratorium for LA wildfire victims to July

Housing Wire

As Los Angeles residents continue to pick up the pieces following Januarys devastating wildfires, an additional reprieve is coming from federal housing agencies. The Federal Housing Administration (FHA) on Thursday announced that a moratorium on foreclosures and evictions for people impacted by the wildfires in Los Angeles County will be extended for another 90 days.

Equity 332
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United Real Estate adds 900 agents with Oregon affiliate

Real Estate News

The addition of MORE Realty marks the Texas-based companys second major affiliation in the past year as its national growth continues.

Agents 269
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7 real estate lead nurturing strategies to convert leads to clients

Housing Wire

Most real estate agents I coach do not have a lead problem they have a lead nurturing and conversion problem. Finding real estate leads is relatively easy. However, the fortune is in the follow-up, especially considering almost all of these leads will start as strangers. Its up to you to build a relationship with your leads over time by implementing a strategic real estate lead nurturing plan for your business.

Agents 313
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Home Listed as “Minutes Away From Beach” Actually 58 Minutes From Nearest Beach

BAM Media

In what can only be described as an Olympic-level stretch of the truth, a home listed as minutes away from beach turned out to be at least 58 minutes from the nearest grain of sand. This came to light when potential buyers Jennifer and Mark Lawson scheduled a showing this past Saturday at a home in Pasadena, California, in pursuit of a more coastal lifestyle.

Agents 115
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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DC housing inventory ticked up last week: Altos data

Housing Wire

The housing market in Washington D.C. is being closely watched amid widespread layoffs of federal government workers. Sweeping cuts by Elon Musks DOGE agency have sent many government employees packing, while other staff need to find housing in the area to comply with return-to-work mandates. Will inventory levels skyrocket as federal workers leave?

Sales 272
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Will Mortgage Rates Go Down in 2025: Morgan Stanley’s Forecast

Marco Santarelli

Are you dreaming of owning a home, but those mortgage rates are making you sweat? You're not alone. Everyone's wondering the same thing: Will mortgage rates go down in 2025? If you're looking for a straightforward answer right away, based on the latest insights from financial giant Morgan Stanley, then yes, there's a good chance mortgage rates could ease down in 2025.

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TransUnion, Truework add mortgages to income verification tool

Housing Wire

TransUnion has expanded its partnership with Truework to provide mortgage lenders with broader access to income and employment verification data. The collaboration integrates Trueworks verification system into TransUnions advanced programming interface (API), allowing lenders to verify borrower income and employment through multiple methods. The mortgage addition follows similar integrations for rental screening and auto lending.

Mortgages 284
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Headed Back Into the Office? You May Decide To Move

Keeping Current Matters

It’s no secret that remote work has surged over the last few years.

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Reverse mortgage endorsements, securities issuance fell in February

Housing Wire

Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows. Home Equity Conversion Mortgage ( HECM ) endorsements and HECM-backed securities ( HMBS ) issuance saw declines in February, although the number of endorsements managed to come in higher than those in the month of February from each of the past two years.

Mortgages 305
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Falling rates ‘a strong incentive’ for buyers to act

Real Estate News

The 7-week streak of declines could spur on the housing market this spring but so far, sales lag behind last years pace as economic uncertainty looms.

Sales 237
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Lon Welsh says ‘sophisticated’ buyers will push brokers to evolve in 2025

Housing Wire

In the newest episode of the RealTrending podcast , host Tracey Velt speaks with Lon Welsh, founder and managing broker of Colorado-based Your Castle Real Estate. They discuss Your Castle’s origins, real estate agent retention strategies and the use of artificial intelligence (AI). This conversation has been edited for length and clarity. To start, the duo explore the backstory behind Your Castle’s launch in 2004 and Welsh’s involvement.

Brokerage 239
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Helping Buyers Reframe Mortgage Rates

RIS Media

For many buyers, the mortgage rates of the last few years created an expectation that anything above 5% feels too high. However, as real estate professionals, we can reshape this narrative and help clients understand that the ultra-low rates during the pandemic were an exceptionnot the rule. As rates settle into a more historically typical… The post Helping Buyers Reframe Mortgage Rates appeared first on RISMedia.

Mortgages 103
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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The hidden cost of fee cures: A recent cost analysis on uncovering and preventing fee cures

Housing Wire

Volatile mortgage loan volume and profits in todays real estate market are causing lenders to seek out ways to reduce expenses. Most understand that fee cures are a cost of doing business. But, their recurring rate and effect on profit margins remain largely unmeasured due to a lack of published data. ICE Mortgage Technology conducted a cost analysis with a deep dive into previously undetected and preventable expense eroding mortgage lender profit margins.

Title 245
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The Staging Collective Partners With HouseAmp to Deliver Financing Options to Home Sellers

RIS Media

The Staging Collective has partnered with home sale funding firm HouseAmp to deliver a new seller financing program aimed at helping homeowners maximize their propertys sale potential, the companies have announced. The new program will provide homeowners with access to the funds needed to make strategic improvements to their homes before listing, ultimately leading to… The post The Staging Collective Partners With HouseAmp to Deliver Financing Options to Home Sellers appeared first on RISM

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Union Home Mortgage sues 9 ex-employees for non-compete breach

Housing Wire

Union Home Mortgage (UHM) is suing nine former employees on claims they breached several agreements, including non-compete agreements. The Feb. 17 complaint, which is filed at the United States District Court for the Northern District of Ohio , explains that eight managers and one loan officer, based on the East Coast, all transitioned to American Pacific Mortgage (APM) after being employed at UHM despite being bound by non-compete clauses, which prevented them from working for a competitor for

Mortgages 252
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Lofty Unveils New AI Copilot

RIS Media

Lofty has announced the launch of the companys latest AI Innovation, Lofty AI Copilot. The new offering is designed to eliminate the guesswork of managing and converting leads, ensuring agents have time to spend on high-value tasks that will drive the most appointments and transactions. Lofty’s AI Copilot is designed to help agents be more… The post Lofty Unveils New AI Copilot appeared first on RISMedia.

Design 102
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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United expands westward with addition of MORE Realty

Housing Wire

United Real Estate is expanding to the west. Portland, Oregon -based MORE Realty announced Thursday that it’s joining Uniteds national network. The move marks United s entrance into Nevada and New Mexico , and it expands the company’s footprint to 34 states with 170 offices and more than 22,000 agents. MORE Realty is retaining its current staff under the ownership of Denise and Paul Knighton.

Brokerage 201
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When Does It Make Sense to Own vs. Rent Your House?

HomeLight

When it comes to paying for a place to live and choosing between renting vs owning your home, which is better? While theres a strong argument for both positions , the truth is theres no right answer to this question. However, there is a right answer for you. Step one: Talk to an expert Connect with a top-rated local real estate agent who can help you navigate rent-to-own options near you.

Equity 98
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AmTrust Title hires James Gosdin as head of direct underwriting

Housing Wire

AmTrust Title Insurance Co. , a wholly owned subsidiary of AmTrust Financial Services , Inc., announced the expansion of its presence in Texas with the appointment of James Gosdin as head of direct underwriting. Gosdin previously served as senior vice president and chief underwriting counsel for Stewart Title Guaranty Co. and has underwritten title insurance transactions nationwide, including reinsurance and international title insurance transactions.

Title 201