President Donald Trump has shifted federal economic policy in a big way since his inauguration on Jan. 20. Housing markets across the country will no doubt be impacted in some way, but one city is a special case — Washington, D.C.That’s because the Trump administration made reductions to the federal

The HECM Tool — a software platform designed to serve as a reverse mortgage sales conversion tool — announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platform’s existing visualization and comparison capabilities.The platform was dev

The Real Brokerage has named Ravi Jani as its new chief financial officer. His appointment is effective immediately and follows the departure of former CFO Michelle Ressler, who was terminated amid an ongoing internal investigation.Jani, who joined Real in September 2023 as vice president of investo

Keller Williams is continuing to expand its network. On Thursday, the firm announced the affiliation of Illinois-based PRG Group with KW Premiere Properties.PRG Group, which was doing business as Realty Executives Premiere, was a franchisee of Wheaton, Illinois-based Realty Executives International.

One Democratic senator is reaching across the aisle on a key housing agenda item for the Trump administration: developing housing on federal land. Semafor reported that Arizona Sen. Ruben Gallego, who sits on the powerful Senate Banking Committee, submitted a letter to both HUD Secretary Scott Turne

Lansing, Michigan-based Peer Advisors, the parent company of reverse mortgage servicer Celink, announced on Thursday the appointment of Leslie Meaux Pordzik as an “independent representative” on the company’s board of directors.Pordzik most recently served as senior vice president for the Office of

Four of the five claims made by former National Association of Realtors (NAR) project manager Roshani Sheth in her June 2024 lawsuit have been dismissed. Chicago-based U.S. District Court Judge Georgia N. Alexakis ruled on Tuesday that Sheth’s claims — including those of alleged retaliation under fe

Following news earlier this month that the U.S. Department of Veterans Affairs (VA) is moving to end the Veteran Affairs Servicing Purchase (VASP) program, the agency this week published a circular to outline the timeline for its closure.It features additional information about the planned end to VA

A new report released Thursday by Realtor.com ranks every state on their performance for housing affordability and homebuilding. It exposes significant regional disparities amid a nationwide shortage of more than 4 million homes.The report evaluates each state using weighted criteria tied to afforda

Jordan Bernbaum has been feeling anxious these last few weeks.“On the client end, they’re seeing the news and understanding the situation pretty well,” the NEXA Mortgage senior loan officer said. “On my end, it’s a stress-inducing emotional roller coaster of always worrying when I should be locking.

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of $430.9 million.These numbers were down from the previous quarter’s figures of $104.5 million and $470.1 million, respectively.The California-based lender’s

As it aims to appeal to potential clients who may be taking a closer look at tapping into home equity, reverse mortgage lender Finance of America (FOA) has debuted a new marketing campaign in concert with its new creative agency to illustrate the lifestyle impacts of its products.The campaign, calle

When assessing the landscape of housing affordability today, conversations between members of the millennial and baby boomer generations can often devolve into finger pointing over which of them is to “blame” for the high costs of housing.New survey data from Clever Real Estate indicates that while

Let’s be honest – real estate photography may be the most important piece of selling a listing. As buyers scroll through dozens of homes online, your photos will be the reason they stop scrolling and start exploring. That spark of interest is what will lead them to schedule a showing – and ultimatel

An illustration of the Virgin Voyages cruise ship in the Caribbean with piles of money surrounding it. (Image created with ChatGPT4o)Ken DeGiorgio, former CEO of First American Financial Corp., will collect a hefty payout following his termination from the title insurance giant, according to a share

Lawmakers in Congress are about to embark on deliberations that will shape government spending, aiming to balance political priorities with the realities of narrow Republican majorities in the House of Representatives and the Senate. But if any conversation turns to imposing larger fees on homeowner

With its low taxes, affordable housing and warm weather, Texas has been a hot destination for households in high-cost markets since the COVID struck in 2020.But the housing markets in the state’s four major metropolitan areas show inventory continues to grow by large percentages year over year, and