Tue.Apr 01, 2025

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FHFA replaces Freddie Mac board member amid other changes

Housing Wire

The Federal Housing Finance Agency (FHFA) continues to make leadership changes at the board and executive levels of Freddie Mac and Fannie Mae. Capital One multifamily finance executive Grace Huebscher, who served as Chair of the Risk Committee and a member of several other committees, resigned from Freddie Mac ‘s board on March 24, according to TipRanks.

HR 489
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How and when to say ‘no’ as a new real estate agent

Inman

Coach Verl Workman writes that setting healthy boundaries, including saying "no" when needed, provides a more balanced life and fulfilling career in real estate.

Agents 152
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Baby boomers overtake Millennials in buying the most houses

Housing Wire

Baby boomers have overtaken millennials as the largest share of homebuyers , making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). Millennials, who previously led home-buying trends, now account for 29%, down from 38% the previous year. NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.

Finance 429
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MLS PIN deal finally gets judge’s OK despite DOJ pushback

Real Estate News

The $3.95 million settlement aligns with NAR math, but unlike NARs agreement, allows the Massachusetts MLS to continue displaying offers of compensation.

MLS 284
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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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Compass broker accused of taking kickbacks in whistleblower lawsuit

Housing Wire

A Compass broker faces allegations of illegally accepting kickbacks from a mortgage lender and attorney in exchange for client referrals, according to a whistleblower lawsuit obtained by The Real Deal. Ben Lalez is accused of violating federal anti-kickback laws by steering clients to specific service providers in exchange for undisclosed cash payments.

Mortgages 372

More Trending

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Compass’s recent performance points to the future of real estate brokerage

Housing Wire

In 2024, a year in which single-family residential resale transactions were at a 29-year low , Compass outperformed. In Q4, the company reported a revenue increase of 26% year over year, reaching $1.4 billion, with transactions up by 24%. And for the full year, Compass achieved $5.6 billion in revenue and generated $122 million in operating cash flow.

Brokerage 344
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Rocket’s appetite for growth could ding corporate debt rating

Inman

Fitch Ratings warns of potential dowgrade of Rocket debt rating if Redfin and Mr. Cooper deals close, while decline in share price suggests investors have doubts Mr. Cooper is worth $9.4 billion.

Investor 107
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Homestreet enters agreement to merge with Mechanics Bank

Housing Wire

Mechanics Bank and HomeStreet Inc. announced Monday that they’ve entered into a definitive merger agreement, which provides for an all-stock business transaction between the two entities. Under the terms of the merger which was unanimously approved by the boards of directors of both companies HomeStreet Bank will be merged with and into Mechanics Bank.

Banks 390
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Here’s What a Recession Could Mean for the Housing Market

Keeping Current Matters

Recession talk is all over the news, and the odds of a recession are rising this year.

Marketing 233
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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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Gibson plaintiffs claim to have proof that Weichert, eXp conducted reverse auctions

Housing Wire

The Gibson plaintiffs have been barred from intervening in the Hooper commission lawsuit. But that hasnt stopped them from further attempts to dissuade Judge Mark H. Cohen from approving the settlements reached by eXp World Holdings and Weichert Realtors. In a filing on Monday, the Gibson plaintiffs claim that their reply to the Hooper plaintiffs’ reply in support of a motion for preliminary approval of the Weichert and eXp settlements is warranted despite them not being a party to the sui

Brokerage 368
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Aftermath: Recovering and Rebuilding After the California Wildfires

RIS Media

When the wildfires that consumed so much of Southern California raged for weeks on end earlier this year, the whole world watched with dismay. All across America, homeowners were thankful it wasn’t happening locally, but also likely wondered about the aftermath once the fires were extinguished. Could what happened there happen where they were?

Sales 101
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Judge to MLS PIN: ‘Trying to understand why this matters’

Housing Wire

U.S. District Court Judge Patti B. Saris is ready to see some movement in the Nosalek commission lawsuit , which has been pending for five years now, but that doesn’t mean she is going to approve MLS PIN’s settlement without properly examining the details. On Tuesday, at the preliminary approval hearing for defendant MLS Property Information Networks (MLS PIN) settlement, Judge Saris r efused to grant preliminary approval to the settlement as the plaintiffs and defendants were hoping

MLS 287
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Social Skills: New Social Media Updates Every Agent Should Know

RIS Media

Editors Note: Social Skills is a bi-monthly feature in RISMedias Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The social media platforms that agents use on a daily basis are constantly changing and evolving. Staying informed about the latest updates is essential for real estate professionals… The post Social Skills: New Social Media Updates Every Agent Should Know appeared first on RISMedia.

Agents 100
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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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Brookfield takes controlling stake in Angel Oak

Housing Wire

Canadian investment powerhouse Brookfield Asset Management Ltd. has agreed to buy a majority stake in Angel Oak Companies , the holding company for a non-QM lender and investor that manages more than $18 billion in mortgage assets. Brookfield will take a 50.1% stake in Angel Oak , offering its own investors access to the firms residential mortgage credit business, according to filings with the Securities and Exchange Commission (SEC).

Investor 311
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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Park Slope, Carroll Gardens, and Williamsburg. How did they fare? First up, in Park Slope: The lush features in this circa 1900 limestone and brick dwelling include plasterwork, wainscoting, mantels, a dumbwaiter,… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

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FMLS, Lone Wolf Technologies partner on transaction management

Housing Wire

First Multiple Listing Service (FMLS) has signed a five-year agreement with Lone Wolf Technologies to provide transaction management tools to its more than 60,000 members, the organizations announced Tuesday. As part of the partnership, FMLS members will have access to Lone Wolf’s transaction management software, including its Authentisign eSignature solution and the TransactionDesk platform.

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Bay Area, NYC buyers drive bidding wars as market shifts loom

Inman

A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide.

Marketing 107
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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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UWM again extends 60 bps pricing incentive through May

Housing Wire

United Wholesale Mortgage (UWM) announced today it has again extended its 60bps for 60 Days program , which provides independent mortgage brokers with a 60 basis points pricing advantage on loans. Initially launched in December 2024, today’s announcement marks the second extension of the program , which is now set to conclude on May 31. This pricing incentive remains applicable to eligible conventional or government loans for borrowers with a FICO score of 720 or higher.

Loans 300
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Historic Prospect Heights Church Could Become Condos

Brownstoner

A late 19th century Romanesque Revival church in Prospect Heights not far from Barclays Center could soon become residential apartments if a planned conversion is greenlit by the city. How much of the original church structure -- which is not landmarked -- would stay in place if the project moves… Read More > The post Historic Prospect Heights Church Could Become Condos appeared first on Brownstoner.

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HUD cuts 90% of its website content, citing low traffic and poor user experience

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) this week unveiled a new website, explaining that as much as 90% of the material from the former site has been cut to eliminate redundancies and streamline the user experience. Providing the best and highest quality service to rural, tribal and urban communities means that critical resources online should be streamlined, concise and user-friendly, HUD Secretary Scott Turner said.

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Alexanders fire back against Side in counterclaim

Inman

The brothers have filed a counterclaim against the white-label firm, alleging that it manufactured events surrounding their disassociation from Side. They have also filed an opposition to Side's motion for contempt against them.

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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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Homebuyer sues eXp, accusing agent of breaching fiduciary duty

Housing Wire

Michael Ammann is back with another lawsuit against eXp Realty and parent company eXp World Holdings. Ammann filed his first suit against eXp in December 2024. He accused the firm along with executives Glenn Sanford , Leo Pareja , Patrick ONeill and James Bramble, as well as eXp agent Megan Featherston of engaging in fraudulent practices, conspiracy and negligence.

Agents 269
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CRMLS Offers AI-Powered Property Reports Through RealReports

RIS Media

California Regional MLS (CRMLS) has entered an agreement with proptech company RealReports to offer its users AI-powered property reports. RealReports is available on a per-association opt-in basis via the CRMLS Association Product Co-Op. RealReports offers an easy option to show off complete property knowledge on the spot, as stated in a release. Coined the Carfax… The post CRMLS Offers AI-Powered Property Reports Through RealReports appeared first on RISMedia.

MLS 96
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A&D Mortgage closes Mr. Cooper wholesale, non-del acquisition

Housing Wire

Mr. Cooper Group is once again making headlines. Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. The news comes just a day after Rocket Companies announced its acquisition of Mr. Cooper, which is to be completed by Q4 2025, in an all-stock deal valued at $9.4 billion.

Closing 248
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3 Ways to Creatively Leverage Your Network for More Exposure and Referrals

RIS Media

Sometimes new business opportunities can be hiding in plain sight, existing among those you interact with on a regular basis, that you might not think to approach for referrals. But sometimes who you know can actually be the key that unlocks your business network and creates more profitability in your business. Here are three different… The post 3 Ways to Creatively Leverage Your Network for More Exposure and Referrals appeared first on RISMedia.

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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.