Distressed homeowners have a new path to avoid foreclosure

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property.SmartSale allows homeowners to sell their homes through direct offers from buyers or an auction proce
Read MoreAppraiser at center of Rocket Mortgage lawsuit has license revoked

The Colorado Board of Real Estate Appraisers executed a Stipulation and Final Agency Order for public censure, fines, and revocation of the license for Maksym Mykhailyna, according to an announcement in early January. Mykhailyna, who is based in Denver, had previously held both a Colorado certified
Read MoreAndrew Flachner reflects on his return as RealScout CEO

Last week, San Francisco-based real estate technology company RealScout announced that Andrew Flachner had returned as its president and CEO. Flachner is one of the company’s co-founders and replaces former CEO Arthur Kaneko, who will continue to serve RealScout as an adviser.Flachner, who has maint
Read MoreSingle-family rents reach record high, 20% above apartments

Education and problem solving are keys to reverse for purchase business, agents say

The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has long been positioned by reverse mortgage professionals as a viable path for expanding the base of reverse mortgage business. It would allow older homeowners to use a reverse mortgage to purchase a new home.While the required d
Read MoreRE/MAX hires Travis Saxton as EVP of strategy

The executive changes at RE/MAX continue. On Tuesday, RE/MAX Holdings, the parent company of RE/MAX and Motto Mortgage, announced it was welcoming Travis Saxton as its new executive vice president of strategy. According to the release, Saxton will be tasked with guiding “real estate strategy and tec
Read MoreNosalek plaintiffs seek preliminary approval of MLS PIN settlement

The National Association of Realtors’ (NAR) commission lawsuit settlement agreement — as well as settlements reached by RE/MAX, Keller Williams, Anywhere, Compass, Redfin, At World Properties and many others — may have received final approval, but the first commission lawsuit settlement to be reache
Read MoreHow Trump’s executive orders impact homebuilders

President Donald Trump wasted no time implementing his agenda after taking the oath of office on Monday. He signed more than 200 executive orders, memorandums and proclamations on the first day of his second term, touching on everything from withdrawing from the World Health Organization to delaying
Read MoreAfter sentencing of reverse mortgage scammer, Illinois activists seek home preservation program

Last week, Mark Steven Diamond — who was found guilty of bilking older homeowners in the Chicago area out of money through a reverse mortgage scam — was sentenced in federal court to a 17-year prison term. In the fallout of the sentencing, an organization in Illinois is seeking to codify a home pres
Read MoreMBA teams with Cleveland State University on mortgage banking education program

The Mortgage Bankers Association (MBA)’s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University.The program, which is led by adjunct professor Debbie Hoffman — a visiting assistant professor at the Cleveland State University Colleg
Read MoreReal estate negotiation: 8 effective strategies from a KW mega broker

Negotiation is not just a skill — it’s an art. In real estate, knowing the keys to a successful negotiation is essential. Skillful negotiations can not only help you build a more sustainable career — they can also help you earn higher compensation, get more listings, and achieve more satisfying outc
Read MoreBay Area brokerage buys back independence to ‘make meaning, not money’

The moment felt surreal and inspiring for Chris Trapani and Ryan Iwanaga, co-founders of the Christie’s International Real Estate Sereno brokerage, as they repurchased their independence from @properties. After inking the deal, the leaders say they have one mission in mind for Sereno’s future — make
Read MoreTrump administration initiates federal hiring freeze, return-to-office mandate

As he has promised for months, President Donald Trump spent his first day back in the Oval Office signing a flurry of executive orders. These are designed to roll back Biden administration orders and policies, and to change the federal government’s stance on several overarching issues that reflect t
Read MoreTrump’s path to lower housing costs has to navigate local concerns

President Trump has made it clear that he wants to address housing challenges, including the lack of housing supply and rising prices. In an executive order signed Monday night, Trump ordered the heads of all executive departments and agencies “to deliver emergency price relief, consistent with appl
Read MoreHome sales are stalled with 7% mortgages
New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in at 5% to 10% more than the year prior. Those sales gains have evaporated and even reversed. Buyer activi
Read MoreTrump issues executive order: Emergency price relief on housing

Latest update: Jan. 20 at 9:15 pm central time: added specific information about emergency price relief for housing.What are President Trump’s priorities for housing in his second term? That’s the burning question for professionals in real estate, mortgage, title, appraisal and homebuilding — and th
Read MoreTreasury outlines rising cost of homeowners insurance

A comprehensive report on homeowners insurance released by the Treasury Department this week outlined the cost of climate challenges on homeowners. Notably, the report found that homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with t
Read MoreRisks and opportunities for real estate in Trump’s second term

Voters delivered a Republican trifecta in Washington, D.C., but a razor-thin House majority and the Senate filibuster will put some limits on what is legislatively possible for President Donald Trump and the GOP Congress. The President and financial regulators will have a greater ability to deregula
Read MoreHow gen AI is making real estate cybercrime easier than ever

Cybercrime losses rose to a record high of $12.8 billion in 2023, according to the FBI’s Internet Crime Report, and 2024 saw more of the same. Consider these stats: FundingShield reported that 45.5% of loans processed in Q4 2024 had issues that lead to wire fraud risks. NDP Analytics reported that
Read MoreLower CEO Dan Snyder explores acquisitions, technology and growth plans

In this week’s episode of the PowerHouse podcast, HousingWire President Diego Sanchez talks with Lower CEO Dan Snyder about the digital lender’s recent acquisition of Neat Labs, its in-house tech development efforts and coaching programs for top producers.This conversation has been edited for length
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