The Home Depot is expanding its digital ecosystem for professional customers, adding AI-driven estimating and project-management tools as contractors and homebuilders look to speed up planning, purchasing and jobsite coordination. Michael Rowe, executive vice president of Pro at The Home Depot, said the retailer has spent the past two years building out wholesale capabilities that…
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Homebuyer affordability improved modestly in February as the national median payment applied for by purchase applicants fell to $2,061, down from $2,070 in January, according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI). PAPI tracks how new monthly mortgage payments change over time relative to income, using data from MBA’s weekly applications…
After over five years of litigation, REMAX has settled the Batton homebuyer commission lawsuit for $8.5 million. The firm announced its settlement in a document filed with the Securities and Exchange Commission (SEC) on Wednesday. In the filing, REMAX noted that the settlement is “not an admission or concession of liability, or of the validity…
Better Home & Finance Holding Co., the parent of digital lender Better.com, and Coinbase have launched a token-backed product that allows qualified borrowers to pledge Bitcoin or USDC as collateral for a conforming mortgage down payment, without selling their digital assets. The product, announced Thursday, is originated and serviced by Better, with Coinbase providing digital…