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In this conversation, see Shelly and Sasha break down the company's latest product moves—from intelligent Verification to the groundbreaking FICO Score Simulator. A smarter future for lending. In this episode, hear from Shelly and Sasha of Xactus as they break down the company's latest product moves—from Intelligent Ve
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News
Housing market faces headwinds as mortgage rates move above 7%
9+ hour, 53+ min ago (761+ words) Mortgage rates ended the week at 7.12%, a level that historically coincides with softer housing demand. Holiday effects lowered weekly inventory and listings, but pending sales and purchase apps are entering a period of tougher year-over-year comparisons with last year’s falling-rate…...
DSCR loan volume surges despite fraud risks and scrutiny
11+ hour, 19+ min ago (1033+ words) DSCR and investor loan lock volume skyrocketed 130% between January 2022 and August 2026, becoming the primary growth engine for the non-QM market. The loan's structure makes it uniquely vulnerable to bad actors, with fraud risk indicators now firing on 1 in 44 investment property…...
Zillow faces shareholder lawsuit over Redfin deal
1+ day, 13+ hour ago (455+ words) A shareholder filed a derivative lawsuit in Washington, alleging Zillow’s $100 million Redfin deal created antitrust risk and misled investors. The suit cites alleged insider sales of $81 million and seeks damages plus governance changes. AI Summary While Zillow may no longer…...
August existing home sales slip to 3.98 million annual rate
2+ day, 18+ hour ago (835+ words) Existing home sales fell 2% month over month in August to a 3.98 million annual rate, down 1.2% year over year. Inventory rose to 1.62 million units and months of supply increased to 4.9, while the median price rose 1.6% to $429,100. AI Summary Existing home sales…...
Providence rent stabilization push springs back to post-primary life
2+ day, 13+ hour ago (583+ words) Providence may move toward rent stabilization after Mayor Brett Smiley lost the Democratic primary to Rep. David Morales. Morales pledged to sign a 4% annual cap within 30 days, as the City Council composition shifts and a new governor advances a statewide…...
Mortgage rates top 7% as oil hits $100 and yields climb
2+ day, 18+ hour ago (242+ words) The 7% mortgage rate threshold broke as the 10-year yield increased to 4.92% and WTI oil moved above $100. Low jobless claims and a 4.1% unemployment rate are keeping pressure on rates by supporting a more hawkish Fed outlook. AI Summary As labor force…...
Mortgage credit availability fell 1% in August
2+ day, 19+ hour ago (323+ words) MBA’s Mortgage Credit Availability Index fell 1% in August to a reading of 107.3, signaling tighter lending standards. The conventional index dropped 1.8% and jumbo availability fell 2.5%, while government loan availability was unchanged. AI Summary Mortgage credit availability declined in August as lenders…...
Private listings force a buyer side conversation in listing talks
2+ day, 19+ hour ago (1061+ words) The column argues the strongest objection to private listings is not only price outcomes but the consumer experience of incomplete search. It offers 4 practical steps for agents to reframe listing conversations and document trade-offs. AI Summary The sellers signed the…...
Lindsay Listanski named CMO at Coldwell Banker Real Estate
2+ day, 21+ hour ago (240+ words) Coldwell Banker Real Estate promoted Lindsay Listanski to chief marketing officer. The company is consolidating brand, brokerage, and commercial marketing teams to support a more integrated strategy across its company-owned operations and franchise network. AI Summary Lindsay Listanski has been…...
Jason Finch named president of Fischer Homes
2+ day, 21+ hour ago (253+ words) Fischer Homes named veteran executive Jason Finch president in a leadership restructuring that separates the president and chief operating officer roles. Finch, previously South Region president, will oversee homebuilding strategy and operations across the company’s 11 markets. AI Summary Kentucky-based Fischer…...