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UWM Announces Lender Now Defaults to Borrowers’ Best Credit Scores
In an effort toward making credit evaluations simpler and more borrower-friendly, mortgage lender United Wholesale Mortgage (UWM) has announced a process enhancement that automatically selects the best credit score returned for a consumer by obtaining FICO® Scores and VantageScore® 4.0 on all credit pulls. The firm says the move will ensure it provides the borrower…
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eXp’s Leo Pareja to Lead AGNT as Glenn Sanford Steps Down
Above, Glenn Sanford, left, and Leo Pareja eXp Founder Glenn Sanford, chairman and chief executive officer of AGNT, Inc.—the parent company of eXp Realty and NextHome Inc.—announced Thursday that eXp CEO Leo Pareja will take the reins of the parent company, according to a news release. The leadership transition “marks the next phase of its…
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‘Silver Tsunami’ Will Release 13.9 Million Homes Into the Market. What Will It Do for Homebuyers?
Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the affordability pressures that have weighed on the…
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Zoning Data Company Land Use Labs Launches to Standardize Zoning Codes Across Six Key Products
Above, Sara Bronin Global tensions and economic pressures pushed builder sentiment lower this past September, but a new platform may offer respite for developers, researchers and property owners. Land Use Labs—a zoning data and services company—launched early last week with six data products aimed at providing accurate zoning information. Founder Sara Bronin, a George Washington…
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MLS Leaders Look to Shape Future of MLS Policy Through Advocacy
It’s the invisible backbone that powers consumer access to real estate listing data. But, oftentimes, the Multiple Listing Service (MLS) and its interests get overlooked amid bitter legal battles over broker cooperation rules and intense debates over AI and listing data control. But Jessica Edgerton, the new CEO of the Council of Multiple Listing Services…
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Building a Premium Engine: How Premiere Plus Realty Found the Right Tech Partner for Scale
Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, that reality became crystal clear as her organization continued to scale.…
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South Carolina metro areas among top in nation for new construction - Greenville Online
For some New Englanders, a second home is an ocean away - The Boston Globe
Property transfers. Holmes, Wayne sales from $1K to $2.5M - Lexington Herald Leader
Three London agencies announce senior appointments - PropertyWire
Rate hike fears weigh on UK housing market, RICS says - Yahoo Finance
MRED Partners With Iowa-Based NoCoast MLS as Part of Platform Expansion
Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…
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How USA TODAY evaluates mortgage lenders - USA Today
Notes From Fed Meeting Cite AI, Tariffs and Geopolitical Conflicts for Rate Hike
The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…
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$100K Rents a House in Memphis, a One-Bedroom in San Jose
New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more financial breathing room. But earning six figures doesn’t offer…
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