Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior.Home Equity Conversion Mortgage (HECM) endorsements fell in March based on rate increases observed in the l

For those who are within five years of retirement — either those who are five years away, or who have recently entered — the market volatility being experienced today as a result of the White House’s embattled tariff policy are likely to endure challenges as they navigate the potential impacts of ma

Oralia Herrera, current president of NAHREP.Oralia Herrera’s journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 d

Over the past few days on social media platform X — his public megaphone of choice — Federal Housing Finance Agency (FHFA) Director Bill Pulte this past weekend rescinded two orders rescinding previous policy with a focus on diversity, equity and inclusion (DEI) before offering public-facing comment

Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over “irregularities” uncovered related to charitable donations.According to reports from outlets including TechStory, HRKath

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first?We have t

Florida housing markets are living out the old adage that “what goes up must come down.”The Sunshine State was one of the hottest pandemic destinations, as wealthy New Yorkers looked to Florida for more space and warmer weather. The result was scorching housing markets and skyrocketing prices.But th

The ongoing legal battle between Move and CoStar Group appears to have come to a close. The parties notified the court on Monday of the negotiation of a settlement between Move and the former Realtor.com employee at the center of the lawsuit James Kaminsky, and their subsequent decision to dismiss i

Following investor pressure from hedge funds D.E. Shaw and Third Point, CoStar Group, the parent company of Homes.com, is making changes to its board of directors as it looks to put Homes.com on the path toward profitability. On Monday, the Andy Florance-led firm announced its appointment of three n

In a letter to agency stakeholders and grantees last Friday, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner effectively doubled down on a recently-announced policy aiming to restrict Federal Housing Administration (FHA) financing to U.S. citizens and permanent resident

Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Ad

Reston, Virginia-based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts.Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. Both are joining the firm effect

Chip Stella, one of the broker-owners of Wellesley, Massachusetts-based Rutledge Properties, was not having the greatest start to his Friday morning. “I got off the phone about 30 seconds ago from a call with one of my agents. We had a listing with a buyer under contract at $5 million, and he made t

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market.While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of new listings

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering.The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to tr

An illustration of a mortgage executive losing a top-producing LO who wishes to become a 1099 LO. Illustration made with ChatGPTA source called with what sounded like big news. One of the bigger players in the wholesale space was soon going to require that all broker LOs be paid as W2s. Doing so wou

Older Americans are apparently choosing to stay put in greater numbers despite the fewer restrictions on their time granted by retirement.Between 2023 and 2024, moving activity among retirees dropped by nearly one-quarter (23.8%), according to data from the U.S. Census Bureau that was compiled by mo

The Nunez Group, a real estate team with more than $123 million in sales last year, has officially joined Keller Williams City Views, the company’s Fort Lee, New Jersey-based market center.Founded by Oscar Nunez, The Nunez Group has been recognized for its focus on strategic investment opportunities

Federal Reserve Chair Jerome Powell has been tight-lipped about his interactions with President Donald Trump and the policies of the Trump administration. But that changed on Friday when Powell spoke publicly about the president’s global tariffs that were announced this week.At a conference in Arlin