At Salt Lake City’s eXpcon on Oct. 8, eXp Realty and Newrez announced a new mortgage joint venture, Revenos Mortgage. According to a release, the project is powered by Newrez and designed to serve eXp Realty agents and their clients. The joint venture brings together eXp’s national brokerage scale and agent network with Newrez’s mortgage…

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The number is getting worrisome for buyers. This week Freddie Mac posted the new mortgage rate of 7.40%. Gulp. That’s a three-year high.  Luckily for Americans with imperfect credit they have more mortgage routes to investigate, but the easiest lender to say yes may also be the most expensive one to repay. For buyers already…

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Above, Alex Vidal, right, and John Featherston at RISMedia’s CEO Exchange. Photo by AJ Canaria.  Five months after the April announcement of the Real Brokerage acquiring the iconic REMAX brand, Alex Vidal, former president of ERA Real Estate, was announced as the new president of REMAX in September.  Bringing nearly three decades of experience in…

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In an effort toward making credit evaluations simpler and more borrower-friendly, mortgage lender United Wholesale Mortgage (UWM) has announced a process enhancement that automatically selects the best credit score returned for a consumer by obtaining FICO® Scores and VantageScore® 4.0 on all credit pulls. The firm says the move will ensure it provides the borrower…

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Above, Glenn Sanford, left, and Leo Pareja eXp Founder Glenn Sanford, chairman and chief executive officer of AGNT, Inc.—the parent company of eXp Realty and NextHome Inc.—announced Thursday that eXp CEO Leo Pareja will take the reins of the parent company, according to a news release.  The leadership transition “marks the next phase of its…

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Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the affordability pressures that have weighed on the…

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Above, Sara Bronin Global tensions and economic pressures pushed builder sentiment lower this past September, but a new platform may offer respite for developers, researchers and property owners. Land Use Labs—a zoning data and services company—launched early last week with six data products aimed at providing accurate zoning information. Founder Sara Bronin, a George Washington…

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It’s the invisible backbone that powers consumer access to real estate listing data. But, oftentimes, the Multiple Listing Service (MLS) and its interests get overlooked amid bitter legal battles over broker cooperation rules and intense debates over AI and listing data control. But Jessica Edgerton, the new CEO of the Council of Multiple Listing Services…

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Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, that reality became crystal clear as her organization continued to scale.…

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Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…

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