Wed.Apr 30, 2025

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From survival to strategy: The mortgage industry’s call for purpose-driven leadership

Housing Wire

If the mortgage industry had a mantra at the start of last year, it was something like: Just survive to get to 2025. With high rates keeping volume low, everyone was cinching their belts and feeling the pain but yet, hope remained, fueled by predictions of pending interest rate cuts that would bring welcome relief to all. But now heres 2025, and its clear that mortgage rates arent falling the way wed hoped, and the market is going to take more time than we thought to find its new normal.

Mortgages 348
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What’s the best strategy that you’ve picked up this spring? Pulse

Inman

It takes boldness to shift gears and take on the challenges of a tough market. Let us know what you've learned this spring and how you're applying that new strategy.

Marketing 154
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Title companies fighting cybercrime to protect the American dream

Housing Wire

Real estate transactions typically involve large sums of money, which makes them an attractive target for cybercriminals who use wire fraud and business email compromise (BEC), a scheme where legitimate business email is compromised to convince unwitting victims to transfer funds, as their favored tactics. The FBIs Internet Crime Complaint Center (IC3) report found BEC scams resulted in losses of $2.9 billion in 2023.

Title 314
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Anyone.com promises 1st fully digital home sale

Inman

A new software application called "Anyone" that promises to fully digitize the residential home sale has announced its rollout in the United States.

Sales 135
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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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Mortgage applications continue to slump

Housing Wire

Mortgage applications decreased 4.2% from one week earlier, a less drastic drop compared to last week’s 12.7% decrease, but still a sign that mortgage rates and economic volatility are keeping buyers at bay. That’s according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending April 25, 2025.

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Media expertise is a competitive edge: Publisher, TV host

Inman

By embracing branding principles, storytelling techniques, PR strategies and leveraging AI, Angela Yungk writes, real estate agents can establish a competitive edge that extends far beyond transactions.

Branding 158

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This spring, East Coast agents see signs of emerging buyer’s market

Inman

Inventory is up and rates are down as fewer buyers face stiff competition and successfully find homes in less than a month, according to new data shared by BrightMLS.

Agents 136
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Jennifer Folk joins Kind Lending as COO

Housing Wire

Kind Lending recently announced the appointment of Jennifer Folk as its chief operating officer. Folk most recently held the role of VP, fulfillment operations at Tri Pointe Connect , the affiliated mortgage company of Tri Pointe Homes. She’s also held a variety of roles from loan officer to COO at places like Minute Mortgage , Sierra Pacific Mortgage Company and Planet Home Lending.

Lending 352
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Compass digs in heels on ‘seller choice’ amid legal wrangling

Real Estate News

The brokerage continues to position office exclusives as pro-consumer, but declined to elaborate on what it hopes to gain through its lawsuit against NWMLS.

Brokerage 275
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Real estate commissions are holding steady, but for how long?

Housing Wire

Since the National Association of Realtors ‘ (NAR) commission lawsuit settlement took effect in August 2024, many real estate professionals have been asking, Will our commissions change? A new HousingWire survey of select residential real estate professionals offers the most comprehensive look yet at how the landscape is shifting. Buy-side commissions are mostly unchanged for now Despite widespread speculation, 58.8% of agents said their buy-side commissions have stayed the same.

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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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Is it starting to look rosy for buyers this spring?

Real Estate News

A new Bright MLS survey suggests a rise in inventory is making it easier for buyers to find their next home.

MLS 264
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Reducing risk: Protecting your business from ransomware

Housing Wire

In the ever-evolving world of cybersecurity , protecting your valuable data has never been more critical. In this installment of the Reducing Risk series, well explore the importance of reducing risk by maintaining a secure copy of your backup data at an off-site location that cannot be accessed by typical methods. This strategy is particularly effective in defending your business against the increasingly prevalent threat of ransomware.

Title 236
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Pending home sales jump as buyers eye lower mortgage rates

Inman

According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February only saw a modest 2 percent uptick.

Sales 122
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How Dean Clark built an 8-figure team working absentee owners (+ script)

Housing Wire

Struggling to find a lucrative listings niche in 2025? Youre not alone. Listings (of any kind) seem even more out of reach for newer agents this year. Inventory is rising, sure, but sales are still sluggish. Then theres the economy. We went from facing mild headwinds for the real estate market to a category five crossfire hurricane, seemingly overnight.

Agents 278
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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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Singular Clinton Hill Temple-Front Greek Revival House Returns With Price Chop

Brownstoner

An important remnant of Brooklyn's early 19th century past is back on the market. The Lefferts-Laidlaw House has a fine architectural pedigree as a rare Brooklyn example of a temple-front Greek Revival, a style once popular in the borough. An old-house lover will hopefully see the potential here: a striking… Read More > The post Singular Clinton Hill Temple-Front Greek Revival House Returns With Price Chop appeared first on Brownstoner.

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Compass has sued an MLS. History could shed light on its antitrust claims

Housing Wire

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk , but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. There is a slate of recently filed suits as well as those filed in the 1970s and ’80s that allege antitrust injury. But these focus on the National Association of Realtors (NAR) three-way membership agreement and access to the MLS.

MLS 245
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Sellers are out of sync with buyers on pricing

Real Estate News

Years of rapid home price growth have trained sellers to price high, but the market has shifted, leading to a widening gap between seller asks and buyer offers.

Marketing 226
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Fannie Mae posts 29th straight quarter of profitability amid GSE shakeup

Housing Wire

Fannie Mae announced its first quarter 2025 earnings today, reporting a net income of $3.7 billion, which added to the company’s 29th consecutive quarter of positive earnings. As of March 31, 2025, Fannie’s net worth reached $98.3 billion a nearly 20% increase annually. During the government-sponsored enterprise’s (GSE) earnings call on Wednesday morning, FHFA director Bill Pulte shared opening remarks about Fannie Mae’s priorities. “Our current focus at Fannie Mae

Loans 205
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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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Nominations closing for luxury real estate’s highest honors

Inman

The deadline for the real estate community to submit entries for Inmans Golden I Club is Thursday. Nominate yourself, a colleague, company or campaign and inspire the industry.

Closing 124
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Former Texas title employee sentenced for $350K wire fraud scheme

Housing Wire

A former escrow officer at a McAllen, Texas -based title insurance company has been sentenced to two years in federal prison for orchestrating a complex wire fraud scheme that defrauded homebuyers and mortgage lenders of more than $350,000, the U.S. Department of Justice (DOJ) announced. Mayela Saby Cantu, 55, pleaded guilty in December to conspiracy to commit wire fraud.

Title 205
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A Tale of Two Housing Markets

Keeping Current Matters

For a long time, the housing market was all sunshine for sellers.

Marketing 209
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UWM brings mortgage servicing in-house, partners with ICE

Housing Wire

United Wholesale Mortgage (UWM) is taking its mortgage servicing operations in-house, following the decision to end its relationship with Mr. Cooper Group in the wake of the latters $9.4 billion deal to sell to rival Rocket Mortgage. The Pontiac, Michigan-based wholesale lender also announced it has selected ICE Mortgage Technology s MSP loan servicing system as its servicing platform, with a strategic focus on boosting recapture and referral business through its broker network.

Mortgages 205
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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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Stand out this spring: 5 proven moves to outpace the competition

Inman

When you know the strengths, weaknesses and gaps in your business, your competition and your market, you don't chase growth you attract it, broker Amy Stockberger writes.

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Glennda Baker’s 5 strategies for agents to thrive in 2025 (+ scripts)

Housing Wire

Are you nervous about your real estate business surviving 2025? Glennda Baker isnt. She showed up to our Zoom interview decked out in full celebrity Realtor drip: Gucci jacket, Van Cleef earrings and a diamond-studded Rolex that sparkled every time she gestured with her left hand, which she did a lot. She runs a highly successful team, has close to a million followers on TikTok and keynotes major real estate conferences.

Agents 205
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Mortgage Applications Drop for Third Consecutive Week

RIS Media

Applications for home purchases saw more declines of late, falling for the third-straight week amid tariff and trade uncertainty and mortgage rates holding steady at an elevated 30-year average. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending April 25, the Market Composite Index (a measure… The post Mortgage Applications Drop for Third Consecutive Week appeared first on RISMedia.

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Daily Links: Prospect Park Loses Trees to Dutch Elm Disease

Brownstoner

In the News After Pro-Israel Crowd Assaults Woman, Protesters Rally [NYT] Sinkhole in Brooklyn Heights Traps Car [Eagle] Food Insecurity Up in Brooklyn, Help Centers Struggle [Eagle] Runners Race From 'Burg to Prospect Park in Half Marathon [BP] Troutman Open Streets Returns for Third Season [Bushwick Daily] Fake Cops Storm Bed Stuy Bodega, Union Pushes for… Read More > The post Daily Links: Prospect Park Loses Trees to Dutch Elm Disease appeared first on Brownstoner.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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Today’s Mortgage Rates – April 30, 2025: Rates Drop Notably by 28 Basis Points

Marco Santarelli

As of April 30, 2025 , mortgage rates have seen a notable decrease, with the average 30-year fixed mortgage rate dropping to 6.59% , down 28 basis points from the previous week. This trend is a relief for many potential homebuyers and those considering refinancing. The 15-year fixed rate has also fallen to 5.91% , which marks a significant opportunity for borrowers looking to secure a better deal.

VA loan 59
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Fannie Mae forecasting higher 2025 inflation, slower growth

Inman

Slowing economy could also help bring mortgage rates down to Earth more rapidly, with the latest forecast predicting rates will drop to 6.2 percent by the end of this year and to 6 percent next year.

Mortgages 158
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House Sharing is Not Just for Young Adults

Eye on Housing

A record-high 6.8 million households shared their housing with unrelated housemates, roommates or boarders in 2023.

Closing 59
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Bay Ridge’s Century-Old Petri Plumbing Expands to Gowanus

Brownstoner

To cut wait times for customers, 119-year-old Brooklyn plumbing company Petri Plumbing, Heating, Cooling & Drain Cleaning has opened a new location in Gowanus. The two-story industrial building at 355 Butler Street near the corner of 4th Avenue used to house JES Plumbing & Heating Corp. The owner of Petri Plumbing,… Read More > The post Bay Ridge’s Century-Old Petri Plumbing Expands to Gowanus appeared first on Brownstoner.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.