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Partner Real Estate launches instant offers platform

California-based Partner Real Estate has introduced a new technology platform aimed at speeding up home sales and expanding options for agents and homeowners. The company’s Instant Offers Exchange (IOX) allows sellers to receive multiple competitive cash offers within minutes without committing to a sale. “Imagine this: your client signs the listing agreement, and you already […]

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Robert Reffkin touts Compass’s AI platform, agent advocacy efforts

Details regarding Compass‘s soon-to-be-released artificial intelligence (AI) platform were shared by CEO Robert Reffkin during a company retreat this week. “We continue to invest over $100 million in technology every year, building more and more tools that can help you stand out and run a better business,” Reffkin told the audience. “And in this amazing

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French Hill calls for investigation into Little Rock Housing Authority

Citing a series of missteps made despite the oversight and U.S. Department of Housing and Urban Development (HUD) action plans, the chairman of the House of Representatives‘ Financial Services Committee is calling for a federal investigation into the housing authority of Little Rock, Arkansas. Rep. French Hill (R) — who represents Arkansas’s second congressional district

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Mortgage demand dips over holiday but keeps yearly momentum

Mortgage applications decreased by 3.9% for the week ending May 30, according to data from the Mortgage Bankers Association (MBA). On an unadjusted basis, the index fell 15% during the week marked by the Memorial Day holiday. But economists and loan officers say the year-to-date landscape looks much better. “Mortgage applications decreased over the week,

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Two maps that show where the housing market is struggling

Industry professionals were full of optimism heading into the spring that the housing market could pick up after a sluggish start to 2025. But heading into the summer, that optimism has largely faded. Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing

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HUD walks back prior default guidance as too ‘burdensome’ for mortgage servicers

In a move that’s designed to simplify prior policy, the Federal Housing Administration (FHA) on Tuesday published a new Mortgagee Letter (ML) that targets borrower default engagement practices that were published in the waning days of the Biden administration. ML 2025-14 makes changes to final guidance first floated last summer to open up communications between

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Global reverse mortgages in the news: growth, delay and launch

While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same challenges. Lenders in other countries who make use of home equity tapping in a similar way can have different perceptions and market activity in their territories

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The best state to age in place is not where you think

When you think about the best states for aging in place, the choice retirement destinations likely spring to the top of the list. After all, with high and growing populations of older residents, wouldn’t these states be an ideal place to call home in later life? Not according to a new report from Seniorly Resource

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Hall Willkie steps down as president of Brown Harris Stevens

Brown Harris Stevens will soon be without its longtime president, Hall Willkie.  On Monday, the real estate firm announced that Willkie will be stepping down as New York City brokerage president, effective July 1. But Willkie’s journey with the firm is not over as he will serve as a full-time consultant. His consulting contract is

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Senators call for investigation of possible DOGE ethics violations

Three senators are calling on the Department of Justice (DOJ) and federal watchdogs to investigate whether U.S. DOGE Service aides tasked with downsizing government agencies violated conflict-of-interest laws by holding stocks in companies overseen by thes, according to a recent ProPublica report. The request — sent last week by Sens. Elizabeth Warren (D-Mass.), Ron Wyden

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