There is no doubt that CoStar Group threw everything it had into the 2024 launch of the revamped Homes.com. From Super Bowl ads that were part of the firm’s $1 billion marketing spend, to a reallocation of nearly all of its sales staff, Homes.com debuted with a bang. And then things kind of fizzled. Now, […]
CoStar investors say the company needs ‘meaningful self-help’ Read More »
The national critical defect rate for mortgages fell to 1.16% in the fourth quarter of 2024. That marked the second-lowest level on record, according to a report released Thursday by ACES Quality Management. For the entire calendar year of 2024, the average critical defect rate was 1.52%, down 9.52% from 2023. Post-closing quality control data
Mortgage defects saw a dramatic decline in 2024 Read More »
Dozens of employees at mortgage tech firm Dark Matter Technologies were laid off on Monday, multiple sources told HousingWire. It’s unclear how many were laid off, but sources said it was “massive” and impacted staffers in a variety of roles. Former employees told HousingWire the reason cited for the layoffs was the shaky “economy” and
Layoffs hit Dark Matter Technologies Read More »
One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), posted strong first-quarter 2025 earnings results. The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. Drilling down deeper into the marketing and product landscape for the company, FOA President Kristen Sieffert
FOA president talks business progress amid strong Q1 earnings Read More »
While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern — longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready for. This is according to research
Americans are living longer — but they aren’t prepared for retirement impacts Read More »
As the debate over tax reform continues to play out in Congress, housing organizations are lauding the housing provisions in the House of Representatives‘ Ways and Means Committee’s current tax proposal. The National Housing Conference (NHC) praised the housing provisions included in the current draft of the bill through a statement from David Dworkin, its
MBA and NHC express support for housing provisions in GOP tax bill Read More »
Title technology provider Settlor has integrated CertifID’s wire fraud prevention tools into its cloud-based title production software, the companies announced Wednesday. The move is intended to streamline security measures for real estate transactions by allowing users to access CertifID services directly within the Settlor platform. The integration allows Settlor users to verify wire instructions, protect
Settlor adds CertifID fraud prevention to title production software Read More »
Second Century Ventures, the investment arm of the National Association of Realtors (NAR) has announced the eight startups selected for its 2025 REACH technology accelerator program. The annual initiative — which aims to advance innovation in the real estate sector — focuses on scaling companies that provide digital solutions for the residential and commercial real
Eight startups selected for NAR’s REACH tech program Read More »
In a sign of continued bipartisan cooperation to address issues related to housing costs and supply, Sen. Ruben Gallego of (D-Arizona) and Sen. Dave McCormick (R-Pennsylvania) have introduced a bill that’s designed to better facilitate interagency coordination on housing issues. bill would encourage greater collaboration between the Department of Housing and Urban Development (HUD), the
Senators introduce bill to strengthen interagency housing work Read More »
BOK Financial recently announced the launch of its new mortgage finance line of business, a new vertical dedicated to meeting the credit needs of nonbank mortgage originators across the country. As a top 10 dealer of mortgage-backed securities that offers trading liquidity to more than 500 counterparties, BOK Financial has supported its client base for
BOK Financial launches mortgage finance line of business Read More »
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