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Report: 1 in 4 Homes Exposed to Acute Climate Risks

Report: 1 in 4 Homes Exposed to Acute Climate Risks

by Phil Hall | Sep 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than one in four homes (26%) representing $12.7 trillion in real estate value are exposed to severe or extreme climate risks, according to a new data report by Realtor.com. The new reported nearly 6 million homes valued at $3.4 trillion are likely to experience...
Experian Updates System to Enable Review of Consumer Rent Histories and Payments

Experian Updates System to Enable Review of Consumer Rent Histories and Payments

by Phil Hall | Sep 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The credit reporting agency Experian has updated its Experian Connect API platform with the addition of RentBureau Consumer Profile, which will allow consumers’ rent history and payment behavior to be factored into their credit scoring. The Costa Mesa,...
Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings

Crittora Introduces Tool for Combating Wire Fraud in Real Estate Closings

by Phil Hall | Sep 3, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Crittora, a New Smyrna Beach, Florida-headquartered provider of fraud-resistant communication platforms, has debuted Qripton Verify, a document delivery solution designed to protect title companies, closing attorneys, and real estate professionals from cybersecurity...
Mortgage Application Activity Drops by 1.2%

Mortgage Application Activity Drops by 1.2%

by Phil Hall | Sep 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage application activity decelerated for the week ending Aug. 29, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis from...
PennyMac Correspondent Group to Launch Non-QM Products

PennyMac Correspondent Group to Launch Non-QM Products

by Phil Hall | Sep 3, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The correspondent division of PennyMac Financial Services Inc. (NYSE: PFSI) is rolling out a new suite of non-qualified mortgage (non-QM) products on Sept. 22. According to the Westlake Village, California-based company, the new product types include Debt Service...
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing

Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing

by Phil Hall | Sep 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sept. 4 will see a pair of dueling events regarding the Federal Reserve, with another attempt by the director of the Federal Housing Finance Agency (FHFA) to force the removal of Fed Gov. Lisa Cook scheduled at the same time as with a Senate confirmation hearing to...
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