Peter Knag joins Offerpad as CFO
Knag has an extensive resume, having served in several financial leadership roles in the media, telecommunications, technology and finance sectors. He began his career in investment banking, going on to…
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Newsweek turns eye toward reverse mortgage pros and cons
A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in good standing and avoid the possibility of…
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Housing costs continue to burden American families: NAHB
In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new single-family home in the U.S. That’s according…
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Sidekick announces new partnership with South Florida MLS
Artificial intelligence (AI)-powered real estate assistant Sidekick unveiled a partnership with South Florida’s BeachesMLS on Thursday. The collaboration will allow 43,000 agents that serve Broward, Palm Beaches and St. Lucie…
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NFM CIO Christos Bettios on building AI solutions from scratch
The big effort we have is a GPT. But we also own our own point of sale system. We’ve always owned our own loan application — it’s something we’ve built….
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HECM study examines borrower trends over two decades
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home…
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‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance
“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide them an alternative to the cash-out refi,“ he said. “If someone has a $300,000 mortgage…
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Zillow Launches AI Tool To Stop Fair Housing Discrimination
The Fair Housing Classifier is an open-source tool aimed at helping real estate, technology and civil rights organizations create smarter, fair-housing compliant chatbot and search functions for their websites. The…
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With Growing Demand, Real Launches Luxury Division
Several months after Kofi Nartey announced his team’s move to Real, the brokerage has launched a new luxury division with Nartey serving as executive director. At Inman Connect Las Vegas, July…
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Agents Need To Embrace The New And The Old To Succeed
Danny Hertzberg, Jill Hertzberg and others shared the stories and tips that helped them succeed while on stage Wednesday at Inman Connect Miami. At Inman Connect Las Vegas, July 30-Aug. 1,…
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