July 2026

Mortgage Demand in U.S. Slips as Borrowing Costs Climb to Yearly High

U.S. mortgage demand retreated last week as borrowing costs climbed to their highest level in almost a year, underscoring the continuing affordability pressures confronting prospective homebuyers during the peak summer selling season. Total mortgage application volume fell 2.7% in the week ended July 10, 2026 from the prior week, according to data released Wednesday by the Mortgage Bankers Association...

NTREIS names Joey Bandemer VP of data governance

North Texas Real Estate Information Systems, Inc. (NTREIS) has named Joey Bandemer vice president of data governance and customer experience, the MLS said in an announcement on Tuesday. The MLS said the hire is the latest step in a broad modernization effort at NTREIS under CEO Chris Carrillo, who took the helm in June 2025. The MLS, which serves more than 53,000 subscribers in Texas and Louisiana, has...

Zillow says conspiracy, MRED and Compass say Zillow did this to itself

After exchanging post-hearing briefs late last week in their ongoing antitrust dispute, Zillow, Midwest Real Estate Data (MRED) and Compass filed replies to each others’ briefs on Monday.  In briefs filed last Thursday, Zillow alleged an “unlawful conspiracy” to cut off its access to Chicagoland listing data while defendants Compass and MRED countered that the company’s harm is...

Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer

Stockton Mortgage recently announced that it has appointed Christy Soukhamneut as its new chief strategy and innovation officer. Soukhamneut brings more than 20 years of executive leadership experience across independent mortgage banks, banks and credit unions — including prior roles with University Federal Credit Union, Texas Capital Bank and Flagstar Bank. She continues to serve as...

UWM broker ultimatum tied to 5 bps price drop at rivals

United Wholesale Mortgage (UWM)’s 2021 move to bar its broker partners from also sending loans to Rocket Mortgage drove an average price decrease of 5 basis points per loan at companies not targeted by the policy, according to a new academic paper. The analysis, conducted by Spencer Stone of the University of Kentucky, looks at how an exclusivity provision affects competition when it blocks only some...

Compass files ethics complaints against Zillow in 26 states

Compass International Holdings has filed Code of Ethics complaints against Zillow, the brokerage firm confirmed to HousingWire on Tuesday.  According to a Compass spokesperson the complaints, which allege that Zillow has made false advertising claims, spans 26 states, 55 MLSs and 30 Realtor associations. “When sellers choose to publicly market their homes and make them available to the broadest...

U.S. Homebuilders Welcome Landmark Housing Bill Into Law

The National Association of Home Builders (NAHB) hailed the recent enactment of the 21st Century ROAD to Housing Act, a sweeping bipartisan measure aimed at tackling the U.S. housing affordability crisis by cutting regulatory barriers, boosting supply, and expanding homeownership opportunities. The legislation, H.R. 6644, automatically became law on July 11, 2026, after President Donald Trump declined to...

Real Brokerage and REMAX set Aug 14 merger votes

Shareholders at both The Real Brokerage and REMAX will convene virtually on August 14 to vote on the proposed merger between the two firms, creating the Real REMAX Group. According to documents filed with the Securities and Exchange Commission late last week, Real’s shareholders will vote on the arrangement of the deal, while REMAX shareholders will vote on the merger as well as share issuance tied to...

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