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CoreLogic launches a new digital underwriting tool for mortgage lenders

AutomatIQ Borrower evaluates how much debt a borrower can take on by looking at consumer data and income verification services. It is designed to be the first of a series of new initiatives to build a more efficient lender underwriting system.  Source: click here

8 graphs that show how much real estate has changed since the crash

The following is a reflection from Glenn Kelman, CEO of Redfin, on the years since the 2008 global financial crisis. It has been republished from the Redfin blog with permission.  Ten years ago, on September 15, 2008, the great financial crisis began with Lehman Brothers’ bankruptcy. I remember a board meeting in which an investor […]

Agent and builder tech startups chosen for new MetaProp $1.5M funding round

Leila Collins, a senior associate at MetaProp | Photo courtesy Twitter MetaProp, the New York City-based property technology (proptech) early stage venture capital firm and tech growth accelerator announced it’s investing $1.5 million in a number of real estate-related startups. In addition to $250,000 of investment each, the companies chosen will receive mentorship and access […]

Agent/broker perspective: How important is correct pricing in a down market?

A top Miami real estate agent is feeling the pain of a challenged market and sellers who refuse to budge on pricing. What can her broker do to help convince these stubborn clients?  Source: click here

See all the homes Manafort is giving up in plea deal

In a bid to avoid a second trial — as well as part of a cooperation deal with Special Counsel Robert Mueller — former Donald Trump 2016 presidential campaign manager Paul Manafort pleaded guilty to two criminal charges on Friday, meaning the start of a new chapter in the ongoing investigations surrounding associates of President […]

New legislation aims to make mortgages easier for gig workers

Self-employed workers have a hard time qualifying for a mortgage. A new bill called the Self-Employed Mortgage Access Act could change that. Source: click here

Big real estate software vendor Lone Wolf admits to vulnerability, says it’s fixed

Lone Wolf Technologies’ legacy platform loadingDOCS had a security vulnerability that could have potentially exposed stored information to hackers. The company confirmed the vulnerability did exist, but said according to an internal study, no data was breached. Source: click here

Design-focused indie brokerage Deasy/Penner acquires Podley Properties

SoCal-based luxury real estate brokerage Deasy/Penner has acquired Podley Properties, an independently-owned brokerage with a team of 175 agents and 20 support staff spread across six offices in Altadena, Glendora, La Canada, Monrovia, Pasadena, and Sierra Madre.  Source: click here

Luxury Connect: ‘Grab space, peace and quiet’ at Unplug Meditation Studio

This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. The life of a real estate agent is a stressful one, […]

Luxury Connect: Digital expert Dustin Luther on marketing to the stars

This summer we’re looking at the state of the luxury agent & broker in today’s increasingly complex real estate market. In October, we’ll gather in Beverly Hills at Luxury Connect to share best practices, network, and create blueprint for the luxury agent/broker of tomorrow. Don’t miss it. To be successful at building influence as a thought leader — […]

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