HOUSINGWIRE Daily Update @ LENDINGEDGE REAL ESTATE LENDING PODCAST The hottest new podcast in mortgage lending. Are you listening? LISTEN NOW ) OWNING MANHATTAN? HOW MUCH BUSINESS SERHANT.'S AGENTS REALLY DO Ryan Serhant's new show, Owning Manhattan is already in Netflix's top 10 streaming shows for the week it aired. HousingWire decided to dig into the data to see how many deals the agents and teams featured on the show are doing. HOUSING MARKET SEES MORE PRICE CUTS AS INVENTORY CONTINUES TO GROW Available inventory of unsold homes in the U.S. is 40% more now than last year, but some markets are just now starting to lift beyond the pandemic lows.  YOUR CONVERSION IS OUR NORTH STAR While Truv saves 80% on VOIE, our #1 metric with all clients is conversion; the successful return of a borrower’s income and employment verification with reps and warrants. With 95% of the US workforce covered, our customers often see 90%+ improvement in conversion when switching to Truv. See it for yourself Sponsored by Truv HousingWire Daily Podcast_Cover_FINAL HOUSINGWIRE DAILY UWM’S ALEX ELEZAJ ON HOUSING AFFORDABILITY AND HELPING BROKERS IN THIS MARKET On today’s episode, Editor in Chief Sarah Wheeler talks with Alex Elezaj, chief strategy officer at UWM, about housing affordability and UWM’s strategy to help brokers in this environment. Listen now BUILDING A QUALITY-CENTRIC CULTURE IS ESSENTIAL TO ENSURING APPRAISAL INTEGRITY PRESENTED BY ACES QUALITY MANAGEMENT Discover how mortgage lenders can ensure appraisal integrity by building a quality-centric culture and leveraging advanced technology, crucial for maintaining accurate and unbiased appraisals. WEBINAR: WHAT TO EXPECT WITH HOME PRICES THIS FALL Join us July 18 with Altos President Mike Simonsen! He’ll touch on mortgage rates, which signals he'll watching for price movement and look at leading indicators pointing towards continued rising inventory in the rest of the year. Register now Sponsored by Altos Research 2024 REALTRENDS GAMECHANGERS SAW TREMENDOUS GROWTH OVER LAST FIVE YEARS Every year, RealTrends chooses GameChangers based on five-year, transaction side percentage data from the RealTrends Verified 500. This year, we chose seven independent brokerage firms and 10 franchises who grew their businesses at astronomical rates. CHLA CALLS ON CFPB TO TAKE ACTION AGAINST TRIGGER LEAD CALLS The letter cites three specific practices that it hopes the Bureau will focus on, which it and its members believe “are abusive, anti-consumer, and potentially illegal.” THE MOST POWERFUL ROOM IN MORTGAGE BANKING The HousingWire IMB Summit comes at a pivotal time in the industry. The summit takes revenue-driving topics to the stage — M&A activity, margin compression, channel balance, new products, and tech stack optimization. Learn how to thrive in 2025! Register now Sponsored by HousingWire CONSUMERS EXPECT HOME-PRICE GROWTH TO SLOW DOWN: THE FED Despite a spate of reports showing the cost of housing increasing, consumers have a slightly rosier view of future home-price growth. TREASURY DEPT. PROPOSES RULE TO EXPAND OVERSIGHT OF HOMES PURCHASED NEAR MILITARY FACILITIES The proposed rule would add over 50 military installations, across 30 states, to the existing list of installations around which CFIUS has jurisdiction. DESIGNED FOR PEACE OF MIND Desktop Underwriter® (DU®) early assessment helps lenders prepare and pre-qualify homebuyers, with less impact to their credit score. Learn more Sponsored by Fannie Mae NEWREZ IMPOSES ANOTHER ROUND OF LAYOFFS Top-five mortgage lender Newrez has imposed another round of layoffs affecting 265 employees in Colorado and Arizona. NRMLA PRESIDENT TALKS HMBS 2.0 TERM SHEET AND ITS POTENTIAL IMPACT "The HECM program has remained an important initiative across administrations, and regardless of what happens in November, I am optimistic that it will continue to be significant.” Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Facebook LinkedIn X Instagram HousingWire, 910 South Pearl Expy, Suite 29, Dallas, TX 75201