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ICE strikes multiyear deal with MLS-owned REdistribute 

Housing Wire

Intercontinental Exchange (ICE) announced a multiyear licensing agreement with REdistribute for permissioned access to multiple listing services (MLS) information. Launched in 2022 by BrightMLS and California Regional MLS , REdistribute is an MLS-owned company that includes licensed data from more than 40 MLSs.

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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

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Is job growth slowing enough for the Fed?

Housing Wire

Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The construction sector added 24,000 jobs in February thanks to a large uptick in the specialty trade contractors segment of construction, which gained 13,400 jobs, and residential specialty trade contractors accounted for 11,200 of those jobs.

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May jobs report complicates things for the Fed

Housing Wire

Residential building construction added 2,400 jobs during the month. In February 2020, a combined 300,000 were employed in “ real estate credit ” and as mortgage and non-mortgage loan brokers. Over the past 12 months, the construction sector has added an average of 17,000 jobs per month.

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Opinion: What the ICE-Black Knight merger means

Housing Wire

Residential property transactions are manufactured with data components assembled from disconnected and diverse sources. The reckoning has brought staff reductions, loan repurchases, higher reserves and mass consolidation. Lenders should expect to redesign workflows and business rules to determine if a loan is “Fit 4 Sale.”

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Introducing the 2023 Women of Influence!

Housing Wire

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

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DataDigest: What happens if 1 million real estate agents disappear?

Housing Wire

These lawsuits threaten to radically reshape the residential brokerage landscape, and could be the catalyst for a fat decline in the annual commission pool as well as the industry shedding as many as 80% of agents, according to a team of analysts at Keefe Bruyette Woods. But the most frightening — or exciting? Who’s most exposed?

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