Real estate

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#market-trends

Home sales are stalled with 7% mortgages

Unsold home inventory is increasing due to weak demand, particularly in the condo market, influenced by high mortgage rates.

More home sellers but fewer home sales

Significant increase in new home listings signals a potential trend for 2025, despite rising mortgage rates.

Bergen County housing market flatlines on minuscule inventory

Homebuyers are forced to make moves due to personal situations like divorce and foreclosures, leading to extended rental leases or overpaying.

Capitulation: Why buyers and sellers are ready to move

Buyers and sellers' inaction is more telling than their decisions, risking missed opportunities while waiting for ideal conditions.

Home sales are stalled with 7% mortgages

Unsold home inventory is increasing due to weak demand, particularly in the condo market, influenced by high mortgage rates.

More home sellers but fewer home sales

Significant increase in new home listings signals a potential trend for 2025, despite rising mortgage rates.

Bergen County housing market flatlines on minuscule inventory

Homebuyers are forced to make moves due to personal situations like divorce and foreclosures, leading to extended rental leases or overpaying.

Capitulation: Why buyers and sellers are ready to move

Buyers and sellers' inaction is more telling than their decisions, risking missed opportunities while waiting for ideal conditions.
moremarket-trends
from www.housingwire.com
9 hours ago

Risks and opportunities for real estate in Trump's second term

Republican control in D.C. may lead to significant tax reforms and regulatory changes impacting the multifamily housing industry.
#housing-policy

Trump's executive orders and the policies that could affect housing

Trump's housing strategy centers around reducing regulations to benefit the real estate market.
Executive orders issued by Trump may impact inflation and thus influence housing indirectly.

Lawmakers, housing groups react to Scott Turner's HUD confirmation hearing

The housing affordability crisis is critical, and clear plans from leaders like Turner and Trump are necessary to address it.

What previous California wildfires can teach us about rebuilding LA

Older homeowners prefer relocating over rebuilding, risking future wildfire resilience.

Trump's HUD pick faces a familiar foe in Sen. Elizabeth Warren

Scott Turner must address significant housing issues during his Senate confirmation hearing for HUD.
Senator Elizabeth Warren is challenging Turner on his past housing policy positions and their implications for his role at HUD.

Trump's HUD pick will aim to maximize' HUD budget if confirmed

Housing politics remain notably bipartisan amid wider political polarization, exemplified by the Senate confirmation hearing for HUD Secretary Scott Turner.

HUD secretary nominee Scott Turner to have Senate confirmation hearing next week

Scott Turner is nominated to lead HUD, with a Senate hearing scheduled for January 16, 2024.

Trump's executive orders and the policies that could affect housing

Trump's housing strategy centers around reducing regulations to benefit the real estate market.
Executive orders issued by Trump may impact inflation and thus influence housing indirectly.

Lawmakers, housing groups react to Scott Turner's HUD confirmation hearing

The housing affordability crisis is critical, and clear plans from leaders like Turner and Trump are necessary to address it.

What previous California wildfires can teach us about rebuilding LA

Older homeowners prefer relocating over rebuilding, risking future wildfire resilience.

Trump's HUD pick faces a familiar foe in Sen. Elizabeth Warren

Scott Turner must address significant housing issues during his Senate confirmation hearing for HUD.
Senator Elizabeth Warren is challenging Turner on his past housing policy positions and their implications for his role at HUD.

Trump's HUD pick will aim to maximize' HUD budget if confirmed

Housing politics remain notably bipartisan amid wider political polarization, exemplified by the Senate confirmation hearing for HUD Secretary Scott Turner.

HUD secretary nominee Scott Turner to have Senate confirmation hearing next week

Scott Turner is nominated to lead HUD, with a Senate hearing scheduled for January 16, 2024.
morehousing-policy

Moment of truth: RealTrends Verified 2025 rankings are now open

RealTrends Verified is enhancing its platform to better showcase top real estate professionals in 2025.
#acquisition

Troubled startup Divvy Homes acquired in surprise 'fire sale'

Divvy Homes, initially successful in the rent-to-own market, faced challenges leading to acquisition by Maymont Homes amid operational failures and complaints.

CertifID acquires digital payment platform Paymints.io

CertifID's acquisition of Paymints.io enhances security and transparency in digital real estate transactions.

Howard Hanna closes third acquisition in three months

Howard Hanna Real Estate Services continues its expansion by acquiring Home Experts Realty, enhancing its values-driven culture.

Lower CEO Dan Snyder on in-house tech development and growth

Lower's acquisition of Neat Labs aims to enhance efficiency and cost-effectiveness in loan processing for both consumers and originators.

Troubled startup Divvy Homes acquired in surprise 'fire sale'

Divvy Homes, initially successful in the rent-to-own market, faced challenges leading to acquisition by Maymont Homes amid operational failures and complaints.

CertifID acquires digital payment platform Paymints.io

CertifID's acquisition of Paymints.io enhances security and transparency in digital real estate transactions.

Howard Hanna closes third acquisition in three months

Howard Hanna Real Estate Services continues its expansion by acquiring Home Experts Realty, enhancing its values-driven culture.

Lower CEO Dan Snyder on in-house tech development and growth

Lower's acquisition of Neat Labs aims to enhance efficiency and cost-effectiveness in loan processing for both consumers and originators.
moreacquisition
#california-fires

CoreLogic puts property damage from two fires at up to $45B

Wildfire destruction in California is leading to unprecedented costs and impacts on insurance.
Increasing home density near wildlife areas poses a significant risk for future fires.
Rebuilding efforts must prioritize mitigation practices to prevent future disasters.

All the ways the wildfires could make LA housing more expensive

The ongoing fires will reshape LA's insurance landscape, driving up costs and limiting options for homeowners.

CoreLogic puts property damage from two fires at up to $45B

Wildfire destruction in California is leading to unprecedented costs and impacts on insurance.
Increasing home density near wildlife areas poses a significant risk for future fires.
Rebuilding efforts must prioritize mitigation practices to prevent future disasters.

All the ways the wildfires could make LA housing more expensive

The ongoing fires will reshape LA's insurance landscape, driving up costs and limiting options for homeowners.
morecalifornia-fires
#compass

Compass attracts top Connecticut team

Compass is enhancing its Connecticut presence by acquiring The Jennifer Leahy Team from Douglas Elliman, focusing on exclusive inventory and technology-powered operations.

Compass strikes again with leadership changes in the Southeast

Compass strengthens its Southeast operations through key leadership appointments, enhancing its position in the luxury real estate market.

Compass attracts top Connecticut team

Compass is enhancing its Connecticut presence by acquiring The Jennifer Leahy Team from Douglas Elliman, focusing on exclusive inventory and technology-powered operations.

Compass strikes again with leadership changes in the Southeast

Compass strengthens its Southeast operations through key leadership appointments, enhancing its position in the luxury real estate market.
morecompass
#real-estate-technology

MoxiWorks secures additional funding, names new CRO

MoxiWorks is securing additional funding to enhance its product strategy and support brokerages through innovative AI and technology solutions.

RealScout's Andrew Flachner returns as president and CEO

Andrew Flachner has returned as CEO of RealScout, marking a pivotal moment for the company's growth and strategic direction.

MoxiWorks secures additional funding, names new CRO

MoxiWorks is securing additional funding to enhance its product strategy and support brokerages through innovative AI and technology solutions.

RealScout's Andrew Flachner returns as president and CEO

Andrew Flachner has returned as CEO of RealScout, marking a pivotal moment for the company's growth and strategic direction.
morereal-estate-technology
#fha

FHA updates loss-mitigation waterfall in new servicing guidance

FHA's new Mortgagee Letter 2025-06 extends COVID-related recovery options to February 2026, facilitating updates to loss mitigation strategies.

HUD settles with PHH over alleged mortgage payment fees that violated FHA rules

HUD settles with PHH Mortgage Corp. over illegal fees imposed on FHA borrowers, marking an unprecedented reimbursement effort.

FHA updates loss-mitigation waterfall in new servicing guidance

FHA's new Mortgagee Letter 2025-06 extends COVID-related recovery options to February 2026, facilitating updates to loss mitigation strategies.

HUD settles with PHH over alleged mortgage payment fees that violated FHA rules

HUD settles with PHH Mortgage Corp. over illegal fees imposed on FHA borrowers, marking an unprecedented reimbursement effort.
morefha
#housing-market

Home-price growth is cooling, leading to appraisal challenges

There is an increasing gap between appraised home values and actual sale prices, indicating challenges in the housing market.

FTC seeks feedback on the largest single-family rental investors

The FTC aims to analyze the impact of large institutional investors on the single-family rental market, submitting feedback for a potential comprehensive study.

Mortgage applications for new homes are up 9% in the past year

New home mortgage applications rose 8.9% year over year in December 2024, indicating a robust market despite a slight month-to-month decrease.

Homebuilders are optimistic heading into 2025

Homebuilder confidence is increasing, with optimism driven by anticipated economic growth despite challenges like rising mortgage rates and regulatory concerns.

Foreclosure activity subsided in 2024

Foreclosure activity in the U.S. declined significantly in 2024, indicating a stabilizing housing market amidst economic uncertainties.

Realtor.com: HOA fees are on the rise among all home types

HOA fees are rising and becoming more common for homeowners, significantly impacting overall housing costs.

Home-price growth is cooling, leading to appraisal challenges

There is an increasing gap between appraised home values and actual sale prices, indicating challenges in the housing market.

FTC seeks feedback on the largest single-family rental investors

The FTC aims to analyze the impact of large institutional investors on the single-family rental market, submitting feedback for a potential comprehensive study.

Mortgage applications for new homes are up 9% in the past year

New home mortgage applications rose 8.9% year over year in December 2024, indicating a robust market despite a slight month-to-month decrease.

Homebuilders are optimistic heading into 2025

Homebuilder confidence is increasing, with optimism driven by anticipated economic growth despite challenges like rising mortgage rates and regulatory concerns.

Foreclosure activity subsided in 2024

Foreclosure activity in the U.S. declined significantly in 2024, indicating a stabilizing housing market amidst economic uncertainties.

Realtor.com: HOA fees are on the rise among all home types

HOA fees are rising and becoming more common for homeowners, significantly impacting overall housing costs.
morehousing-market
#fhfa

New FHFA final rule seeks to expand liquidity for FHLBank system

FHFA's new rule enhances liquidity for FHLBanks, enabling better management of short-term investments and supporting affordable housing.

Trump to nominate Bill Pulte as FHFA director

Bill Pulte has been nominated by Trump to lead the FHFA, focusing on homeownership affordability and philanthropy.

GSEs delay proposed bi-merge' credit transition

Fannie Mae and Freddie Mac's shift from tri-merge to bi-merge credit models is delayed due to legislative concerns and lack of implementation timeline.

New FHFA final rule seeks to expand liquidity for FHLBank system

FHFA's new rule enhances liquidity for FHLBanks, enabling better management of short-term investments and supporting affordable housing.

Trump to nominate Bill Pulte as FHFA director

Bill Pulte has been nominated by Trump to lead the FHFA, focusing on homeownership affordability and philanthropy.

GSEs delay proposed bi-merge' credit transition

Fannie Mae and Freddie Mac's shift from tri-merge to bi-merge credit models is delayed due to legislative concerns and lack of implementation timeline.
morefhfa
#reverse-mortgage

Chicago-area contractor sentenced in reverse mortgage scam

Mark Steven Diamond was sentenced to 17 years for a scheme targeting elderly homeowners, exemplifying severe consequences for financial fraud against vulnerable populations.

Reverse mortgage servicing safeguard might help LA borrowers

New regulations aim to protect reverse mortgage borrowers in disaster areas from foreclosure.
HUD has flagged properties in disaster zones for additional approval before foreclosure actions.

Mutual of Omaha denies Longbridge allegations, files counterclaim

Mutual of Omaha strongly refutes allegations of consumer deception in the reverse mortgage sector and asserts compliance with relevant laws.

Longbridge files to remove ads from website in case against Mutual

Websites misrepresent themselves as independent review platforms while promoting Mutual of Omaha's reverse mortgage services.

Chicago-area contractor sentenced in reverse mortgage scam

Mark Steven Diamond was sentenced to 17 years for a scheme targeting elderly homeowners, exemplifying severe consequences for financial fraud against vulnerable populations.

Reverse mortgage servicing safeguard might help LA borrowers

New regulations aim to protect reverse mortgage borrowers in disaster areas from foreclosure.
HUD has flagged properties in disaster zones for additional approval before foreclosure actions.

Mutual of Omaha denies Longbridge allegations, files counterclaim

Mutual of Omaha strongly refutes allegations of consumer deception in the reverse mortgage sector and asserts compliance with relevant laws.

Longbridge files to remove ads from website in case against Mutual

Websites misrepresent themselves as independent review platforms while promoting Mutual of Omaha's reverse mortgage services.
morereverse-mortgage

Coldwell Banker adds The Kevin Lewis Group in Boston

The Kevin Lewis Group joins Coldwell Banker Realty, enhancing customer service and market presence in New England real estate.

FTC slaps Greystar with 'deceptive advertising' lawsuit

Biden's administration is suing Greystar for allegedly deceiving renters with hidden fees that exceed advertised prices.
#aging-in-place

Habitat for Humanity sees success with aging in place program

Community collaboration enhances older adults' ability to age in place successfully, improving their quality of life.

Aging in place is financial necessity' for many older Americans

Many older Americans view aging in place as a financial necessity due to rising care costs.
Seniors' concerns about aging in place include health, safety, and loneliness.
A significant portion of older Americans lacks expectations for future assistance.
Geographic location influences seniors' plans for aging in place.

AARP study highlights how tech can help with aging in place

Technology can significantly aid older adults in aging in place, but adoption remains low despite their comfort level with its use.

Habitat for Humanity sees success with aging in place program

Community collaboration enhances older adults' ability to age in place successfully, improving their quality of life.

Aging in place is financial necessity' for many older Americans

Many older Americans view aging in place as a financial necessity due to rising care costs.
Seniors' concerns about aging in place include health, safety, and loneliness.
A significant portion of older Americans lacks expectations for future assistance.
Geographic location influences seniors' plans for aging in place.

AARP study highlights how tech can help with aging in place

Technology can significantly aid older adults in aging in place, but adoption remains low despite their comfort level with its use.
moreaging-in-place

FCC warns of mortgage relief scam impersonating 400 lenders

Fraudsters are impersonating mortgage lenders in a scam called Green Mirage, targeting homeowners amidst financial distress.
Many victims of the Green Mirage scam find out they're being scammed only when faced with foreclosure.

How to Buy Land: A Step-by-Step Guide From Zoning to Closing

Buying land requires careful consideration of goals, regulations, and local conditions, unlike purchasing a home.
Each intended use for the land—residential, agricultural, or investment—demands specific research and planning.
#realtor-associations

NAR again looks to have Michigan antitrust suit dismissed

Defendants claim the Hardy antitrust lawsuit lacks evidence of market impact, disputing allegations against mandatory Realtor membership for MLS access.

NAR names Jarrod Grasso to new industry relations post

NAR appointed Jarrod Grasso as SVP of industry relations to improve engagement with Realtor associations and respond to industry challenges.

NAR again looks to have Michigan antitrust suit dismissed

Defendants claim the Hardy antitrust lawsuit lacks evidence of market impact, disputing allegations against mandatory Realtor membership for MLS access.

NAR names Jarrod Grasso to new industry relations post

NAR appointed Jarrod Grasso as SVP of industry relations to improve engagement with Realtor associations and respond to industry challenges.
morerealtor-associations

Natural disasters like the LA fires will deepen the housing crisis

Decades of policy errors have created a housing crisis, making homeownership unaffordable for many Americans.
#natural-disasters

What to expect in 2025: Securing customer insurance in a volatile real estate market

Rising insurance costs and natural disasters will transform the real estate landscape in 2025, impacting affordability and market dynamics.

Wildfire damage with a reverse mortgage? Here's what to do

Reverse mortgage borrowers must notify their servicer and insurance carrier about property damage or evacuation due to Southern California wildfires.

What to expect in 2025: Securing customer insurance in a volatile real estate market

Rising insurance costs and natural disasters will transform the real estate landscape in 2025, impacting affordability and market dynamics.

Wildfire damage with a reverse mortgage? Here's what to do

Reverse mortgage borrowers must notify their servicer and insurance carrier about property damage or evacuation due to Southern California wildfires.
morenatural-disasters

Younger generations are most likely to pursue home renovations

High home prices are prompting homeowners to renovate rather than move, with younger generations leading renovation trends. Most homeowners have no plans to leave their homes.

HUD voucher recipient to lose benefits after disclosing marijuana use

Despite legalization efforts for marijuana across many states, it remains a Schedule I drug at the federal level, positioning it as illegal federally.
#sex-trafficking

The Alexander brothers take three Ls with Side and new FBI videos

The Alexander brothers are facing severe allegations of sex trafficking alongside financial legal troubles related to their real estate business.

Alexander brothers denied bail on federal sex trafficking charges

Tal and Oren Alexander were denied bond on serious federal sex trafficking charges, ensuring they remain in custody as they face trial.

The Alexander brothers take three Ls with Side and new FBI videos

The Alexander brothers are facing severe allegations of sex trafficking alongside financial legal troubles related to their real estate business.

Alexander brothers denied bail on federal sex trafficking charges

Tal and Oren Alexander were denied bond on serious federal sex trafficking charges, ensuring they remain in custody as they face trial.
moresex-trafficking

First American's Xander Snyder on LA housing supply after the fires

Displacement due to fires is causing rental price gouging, affecting availability and affordability.
Long-term changes in supply and demand dynamics are expected in the LA rental market.

Georgia looks to protect residents from title theft with new law

Georgia implements new law to combat deed fraud and title theft, enhancing identity verification requirements for property document filing.
#wildfires

California wildfire victims could have up to 12 months of mortgage forbearance

Fannie Mae and Freddie Mac are offering disaster relief options to homeowners affected by the Los Angeles wildfires, emphasizing safety and financial support.

As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts

Affected borrowers should urgently contact their loan servicer and insurance carrier due to the wildfires in Los Angeles.

LA mayor issues order to expedite home construction amid wildfires

State and local governments are taking swift action to address the devastation caused by wildfires, emphasizing the need for urgent and effective rebuilding efforts.

California wildfire victims could have up to 12 months of mortgage forbearance

Fannie Mae and Freddie Mac are offering disaster relief options to homeowners affected by the Los Angeles wildfires, emphasizing safety and financial support.

As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts

Affected borrowers should urgently contact their loan servicer and insurance carrier due to the wildfires in Los Angeles.

LA mayor issues order to expedite home construction amid wildfires

State and local governments are taking swift action to address the devastation caused by wildfires, emphasizing the need for urgent and effective rebuilding efforts.
morewildfires
#leadership

RE/MAX hires Chris Lim as EVP and chief growth officer

RE/MAX hires Chris Lim as EVP and Chief Growth Officer to drive franchise growth and support agents and franchisees.

loanDepot promotes former MLB star to regional vice president

Bart Evans has been promoted to regional vice president at loanDepot, emphasizing community-focused lending in growing markets like Alabama, Arkansas, and Tennessee.

Incenter hires two new VPs to oversee national accounts

Incenter Lender Services hires Kathleen Rose and Wayne Brown as vice presidents, enhancing their leadership team with experienced industry expertise.

RE/MAX hires Chris Lim as EVP and chief growth officer

RE/MAX hires Chris Lim as EVP and Chief Growth Officer to drive franchise growth and support agents and franchisees.

loanDepot promotes former MLB star to regional vice president

Bart Evans has been promoted to regional vice president at loanDepot, emphasizing community-focused lending in growing markets like Alabama, Arkansas, and Tennessee.

Incenter hires two new VPs to oversee national accounts

Incenter Lender Services hires Kathleen Rose and Wayne Brown as vice presidents, enhancing their leadership team with experienced industry expertise.
moreleadership
#leadership-change

Lower names former Redfin exec Adam Wiener as its new president

Adam Wiener joins Lower as president to drive growth and innovation in the mortgage industry with a focus on marketing and technology integration.

First American Title has a new direct division president

Jim Dulle appointed as division president at First American Title as the company transitions leadership ahead of Janette Waller's retirement.

Lower names former Redfin exec Adam Wiener as its new president

Adam Wiener joins Lower as president to drive growth and innovation in the mortgage industry with a focus on marketing and technology integration.

First American Title has a new direct division president

Jim Dulle appointed as division president at First American Title as the company transitions leadership ahead of Janette Waller's retirement.
moreleadership-change
#wealth-building

From $300K in Debt to Millionaire at 39

It's possible to transform financial situations dramatically through discipline and strategic planning.

Most people view homeownership as part of the American dream

Homeownership remains a significant aspect of the American dream for the majority of Americans despite generational differences and current market challenges.

From $300K in Debt to Millionaire at 39

It's possible to transform financial situations dramatically through discipline and strategic planning.

Most people view homeownership as part of the American dream

Homeownership remains a significant aspect of the American dream for the majority of Americans despite generational differences and current market challenges.
morewealth-building
#mentorship

From bartender to $463k GCI in two years of cold calling

Experience isn't always necessary for success in real estate; the right mentorship and niche focus can drive significant income growth.

Berkshire's Danielle Dowell on building a winning real estate team

Danielle Dowell emphasizes the importance of understanding each team member's unique needs for success in her real estate team.

From bartender to $463k GCI in two years of cold calling

Experience isn't always necessary for success in real estate; the right mentorship and niche focus can drive significant income growth.

Berkshire's Danielle Dowell on building a winning real estate team

Danielle Dowell emphasizes the importance of understanding each team member's unique needs for success in her real estate team.
morementorship
#legal-battle

Supreme Court declines to hear NAR's appeal of DOJ probe

The Supreme Court's decision to reject NAR's appeal permits the DOJ to continue its investigation into real estate practices.

The Supreme Court is out, so what's next for NAR?

NAR's legal struggles with the DOJ reflect ongoing tensions in real estate regulations that affect transparency and broker commissions.

NAR and Top Agent Network agree to dismiss lawsuit

The legal battle between Top Agent Network and National Association of Realtors has concluded with both parties agreeing to dismiss the lawsuit without prejudice.

Supreme Court declines to hear NAR's appeal of DOJ probe

The Supreme Court's decision to reject NAR's appeal permits the DOJ to continue its investigation into real estate practices.

The Supreme Court is out, so what's next for NAR?

NAR's legal struggles with the DOJ reflect ongoing tensions in real estate regulations that affect transparency and broker commissions.

NAR and Top Agent Network agree to dismiss lawsuit

The legal battle between Top Agent Network and National Association of Realtors has concluded with both parties agreeing to dismiss the lawsuit without prejudice.
morelegal-battle

Cyberbacker CEO arrested for giving marijuana to 8-year-old son

Cyberbacker CEO Craig Goodliffe was arrested for child endangerment after giving his son marijuana candy and exhibiting erratic behavior during a police welfare check.
#brokerage

Parties in the Hooper commission lawsuit seek preliminary settlement approval

A $44.05 million settlement has been proposed by Hooper plaintiffs and brokerage defendants to resolve allegations of anti-competitive practices.

How to become a real estate broker & launch a brokerage Advice from a KW mega broker

Starting a brokerage requires ambition, clear vision, a strong brand, an inspired team, and proper systems for success.

Parties in the Hooper commission lawsuit seek preliminary settlement approval

A $44.05 million settlement has been proposed by Hooper plaintiffs and brokerage defendants to resolve allegations of anti-competitive practices.

How to become a real estate broker & launch a brokerage Advice from a KW mega broker

Starting a brokerage requires ambition, clear vision, a strong brand, an inspired team, and proper systems for success.
morebrokerage

Texas homeowners missed out on $2 billion in tax savings: Ownwell

Homeowners in Texas have lost billions in potential tax savings due to rising property taxes and a lack of protests against tax assessments.

What to Do After a Wildfire: Support and Resources for LA Fire Victims

The Los Angeles fires highlight community resilience and provide practical resources for recovery and support for affected individuals.

Optimal Blue: Conforming mortgage share hit record low in December

Mortgage borrowers are increasingly shifting from conforming loans to refinance opportunities, marking a significant trend in the market.
The conforming loan share reached historic lows, indicating a reliance on government and non-conforming loans during challenging market conditions.

eXp must provide Gibson court with settlement negotiation docs

eXp World Holdings is under judicial scrutiny regarding settlement negotiations amid ongoing lawsuits, raising concerns over transparency and fairness.

Over 400K mortgages may be underinsured for flood risk: CFPB

Homeowners living near rivers are more underinsured against flooding compared to coastal homeowners due to inaccurate flood risk assessments.
Over 400,000 homes in the southeast and central southwest are believed to be underinsured for flooding events.

Expired listings: A Realtor's goldmine

Expired listings present an opportunity for motivated sellers and Realtors willing to engage thoughtfully despite prior setbacks.

Mr. Cooper chairman Chris Marshall announced as new Xome CEO

Chris Marshall has been appointed CEO of Xome, succeeding Mike Rawls, to drive growth and strategic direction for the company.
Mike Rawls will retire on June 30 after leading Xome to significant achievements in the real estate marketplace.

COO Rob Pieklo describes AFR's competitive edge in ten minutes

AFR aims to enhance its wholesale lending strategy to capture more market share in a competitive mortgage landscape.

Real estate investors face a daunting winter storm

Investor sentiment among real estate investors is largely negative heading into 2025, with only 35% feeling the market has improved from the previous year.

A Complete Guide to Understanding Pocket Listings

Pocket listings are increasingly popular in the U.S., especially in Texas and Florida, with many advantages for agents and sellers.

Housing resources and help for victims of the LA fires

Real estate and mortgage firms are actively providing support to those affected by wildfires in Southern California.

How Long Should You Live in a House Before Selling? Here's What to Consider

Homeowners should weigh personal circumstances alongside financial implications when deciding to sell their home.
Longer home tenure typically increases home equity, providing greater financial flexibility upon selling.
Transaction and local market costs are key factors that influence the decision on when to sell.

DOJ wants to participate in oral arguments at REX appeal

DOJ seeks to join REX's antitrust appeal against NAR and Zillow, highlighting the government's vested interest in real estate industry regulations.

Seattle leaders struggle to agree on a path forward for housing

Seattle City Council debates housing solutions amidst a severe shortage, facing challenges balancing various interests and proposed zoning changes.

Ongoing drama prompts leadership resignations at Las Vegas Realtors

Internal conflicts within Las Vegas Realtors led to the resignations of two board members, revealing a toxic atmosphere overshadowing the organization's mission.

New CFPB report looks at reverse mortgage activity in 2023

Top lenders dominate reverse mortgage market, comprising 88.6% of originations according to CFPB's 2023 report.
CFPB data highlights focus is primarily on HECM, while proprietary mortgages are gaining traction.

Rocket's Varun Krishna on technology and brand presence: We are the Apple of homeownership'

Rocket's technology-focused approach aims to modernize the mortgage industry, emphasizing customer relationships and enhancing homeownership experiences.
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