October 2025

Friday Harbor’s AI originator assistant now supports overlays

Friday Harbor, an AI-powered platform that helps loan officers build compliant loan files in real time, announced this week that its AI Originator Assistant can now assess loans against lender and investor overlays in addition to standard program guidelines. The update aims to give lenders greater control over credit quality and secondary market performance by embedding these requirements directly into...

loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits — practices that loanDepot claims are illegal and enabled WCL to become one of the largest mortgage brokerages in the country in just three years. The lender sued the brokerage and its founders, Eric Hines and Daniel Iskander — the latter of whom worked at...

Full-floor ‘Sky Garden’ penthouse atop CetraRuddy-designed building in Gramercy Park asks $7.35M

A new luxury listing in Gramercy Park combines high design and contemporary art in one sweeping full-floor residence. Priced at $7.35 million, the Sky Garden Penthouse crowns 200 East 20th Street (200E20TH) — a CetraRuddy-designed condominium that reinterprets Gramercy’s classic architecture through modern lines and bronze-toned detailing. The penthouse, currently showcasing the Garden’s Edge...

U.S. Foreclosure Filings Jump 17 Percent Annually in Q3 Signaling Borrower Strain

Florida, Nevada Lead the Nation in Foreclosure Rates Foreclosure activity in the U.S. continued its upward climb in the third quarter of 2025, suggesting that pockets of borrower distress may be emerging. New data from ATTOM's Q3 2025 U.S. Foreclosure Market Report shows 101,513 properties with foreclosure filings during the quarter--up less than 1% from the prior quarter and 17% higher than a year...

Dallas housing market shows steady demand as inventory expands

HW Data shows 2,850 single-family homes sold across the DFW metroplex last week, marking consistent sales volume as the region adjusts to a slower but still active pace. The market data signals a balanced but cooling market. Inventory and pricing trends North Texas inventory continued to grow last week, reaching 2.52 months of supply. That’s higher than many other major metros and offers buyers...

Miami has the world’s biggest housing bubble. Local experts reject that label

Miami has been ranked as the world’s most overvalued housing market, according to the 2025 UBS Global Real Estate Bubble Index. But Florida real estate leaders say the city’s fundamentals remain strong and the report misrepresents what’s really happening on the ground. The UBS index, which measures housing imbalances in 25 major cities, placed Miami in the “highest bubble risk” category, above...

Washington, D.C. housing market steady as sellers keep edge

HW Data shows the Washington, D.C. housing market remains stable heading into mid-October, with modest sales volume and steady pricing. The District recorded 99 single-family home sales last week, reflecting a slower but consistent pace compared with early-year activity. The Market Action Index stood at 35.2, indicating a mild seller’s market with demand slightly ahead of available supply. HW Data’s...

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