Senate Democrats express concern over the Federal Housing Finance Agency's consideration of cryptocurrency in mortgage underwriting, highlighting risks like volatility and security. The real estate sector faces significant shifts as companies like Rocket and Zillow pursue end-to-end housing ecosystems amid recent mergers. Opendoor introduces Cash Plus, a product aimed at generating seller interest during a challenging housing market. In recruitment, InGenius has acquired SIMPL to enhance hiring in the mortgage sector. Additionally, RealMLS collaborates with Rayse to provide transparency tools for agents, alongside NWMLS's launch of a bilingual home search tool.
Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting. They cite volatility, security, and ethical concerns.
Opendoor is betting on a new product, Cash Plus, to reignite seller interest amid a frozen housing market. This offering provides homeowners quick cash upfront.
InGenius has acquired recruitment platform SIMPL to supercharge mortgage hiring efforts, aiming to solve a key industry pain point: scaling teams without disrupting daily production.
Northwest Multiple Listing Service has launched Finding Homes, a bilingual, voice-activated home search tool accessible via Amazons Alexa, supporting English and Spanish queries.
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