May 2025

Will cutting rates fix the housing market?

Mortgage professionals are navigating one of the most challenging origination markets in recent history. Still, cutting mortgage rates would not be the end-all solution to pacify markets that many claim it to be. While lower rates might temporarily ease borrower costs or support home purchases, they would also expose the housing industry to further risk […]

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HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required

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Reverse mortgage LOs share appraisal challenges at NRMLA event

Reverse mortgage originators often remain a key point of contact for their clients from initial consultation to long after the loan closes. But getting to the closing table can come with its own set of unique challenges, whether it comes from rules that govern the Home Equity Conversion Mortgage (HECM) program or the potential bias

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Social Security sees ‘dramatic’ spike of 276,000 applications

Social Security benefits are often a key for older Americans as they seek to determine how much money they will be able to live on in retirement. But the program has been a source of stress in the federal government for years, exacerbated by the unwillingness of lawmakers to make any major changes to the

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Lone Wolf’s LionDesk CRM platform to be discontinued

Lone Wolf Technologies is reportedly discontinuing LionDesk, the customer relationship management (CRM) platform it acquired in 2021. LionDesk will remain operational through September, giving users time to migrate their data and transition to Lone Wolf’s new CRM known as Relationships. Customers will be able to transfer their contacts and are being offered accounts with full

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CFPB seeks rescission of pandemic-era mortgage servicing rule

The Consumer Financial Protection Bureau (CFPB), under the leadership of acting director Russell Vought, is continuing to assess regulations it deems outdated or unnecessary. To that end, the bureau published a notice in the Federal Register this week that seeks to rescind a 2021 rule which “temporarily permitted mortgage servicers to offer certain loan modifications

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7 best real estate schools in New Jersey (NJ) for 2025

Many of the best real estate schools in New Jersey real estate schools are designed around the understanding that many aspiring NJ real estate agents live near New York or Pennsylvania, and therefore want the option to conduct business in these states. If that sounds like you, you’ve come to the right place! We’ve done

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Anywhere Real Estate taps Vectara to overhaul title workflows

Anywhere Integrated Services (AIS), a division of Anywhere Real Estate, has selected artificial intelligence company Vectara to streamline its title creation process and centralize document retrieval systems. AIS — which supports brands including Century 21, ERA Real Estate and Sotheby’s International Realty — plans to use Vectara’s platform to address inefficiencies in title searches and

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Buyer rep agreements don’t change commission rates: Fed study

Buyer representation agreements have no impact on real estate agent commissions, according to a report published this week by researchers at the Federal Reserve. The report examined commission rates advertised to buyers’ agents through data from CoreLogic (which recently rebranded as Cotality). This includes the CoreLogic House Price Index and CoreLogic Market Trend reports, which

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MBA brings on Kaitlin Hildner in policy role

The Mortgage Bankers Association (MBA) announced on Friday afternoon that Kaitlin Hildner has joined the association, taking on the role of Associate Vice President of Loan Administration Policy. In her role, Hildner will help lead the development and implementation of MBA’s strategy on legislative, regulatory and other industry issues related to loan administration and mortgage

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