Given court decisions in prior years that limit Michigan’s ability to enforce consumer protection laws, the state is reliant on the Consumer Financial Protection Bureau (CFPB) for regulatory enforcement. This would leave Michigan consumers vulnerable if the agency is severely scaled back or closed a

After signing a new interagency memorandum of understanding (MOU), the Department of Housing and Urban Development (HUD) and the Department of Homeland Security (DHS) will collaborate in an attempt to keep undocumented immigrants in the U.S. illegally from accessing housing programs funded by U.S. t

In March 2024, Fannie Mae launched a title waiver pilot program that allowed approved lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase. The pilot is limited to certain refinance loans with loan-to-value ratios less than 80% in

Before rushing to a price reduction for your real estate listing, it’s important to take a step back and evaluate all the factors that could be affecting the sale. Is the home being marketed effectively? Does it show well? Is the seller being flexible with showings? Have seasonal trends been taken i

The U.S. Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage (HECM) counselors, according to a review of the contract details on government websites and an announcement from the National Reverse Mortg

Brad Clayton of ClaytonWolf and Steve Murray of RTC Consulting have teamed up to launch FIJI MarketPlace. The industry veterans describe it as an AI-driven platform for real estate team and brokerage valuations and sales. According to their announcement, FIJI MarketPlace users will be able to drasti

Following initial reactions by trade groups and senior advocacy organizations to a new in-person identity verification requirement from the Social Security Administration (SSA), others are weighing in about the potential challenges that older Americans could face if the requirement is fully implemen

Prospective buyers face numerous obstacles on their journey to homeownership, with access to credit often serving as a major hurdle.Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National As

As the second Trump administration contemplates the potential establishment of a sovereign wealth fund (SWF) — a state-owned investment fund that typically invests in real and financial assets like stocks, bonds, real estate or alternative investments — the Treasury secretary is reportedly contempla

President Donald Trump appears to be softening his stance on his most dramatic tariff proposal, but it’s not much relief to homebuilders.According to reports from The Wall Street Journal and Bloomberg, the administration is considering a scaled-back version of its so-called reciprocal tariffs, which

After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth.This week’s pending home sales count came in at just under 69,000 single-family homes, which was 2.3% grea

Mortgage rates are lower this year compared to last, and while they haven’t dropped to 6% yet, many are wondering if we might see a pick-up in existing home sales driven by our early indicators. Today, I’m diving into this intriguing topic! It’s important to note that my focus isn’t on last week’s e

Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this mo

The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.In its quarterly NAR Real Estate Forecast Summit Update, economists Lawrence Yun and Nadia Evangelou said they now expect existing-home sales to

As high property taxes continue to be a source of financial strain for homeowners, a proposal floated last month by Florida Gov. Ron DeSantis (R) to ban property taxes in the state appears to be gaining traction, according to a new report in the Wall Street Journal.The plan, while popular, is not wi

Despite having lower overall volumes when compared to the forward mortgage business, Liberty Reverse Mortgage remains one of the more profitable segments of parent company Onity Group’s portfolio, according to information shared by executive leaders at a recent investor presentation.At this month’s

Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management.Carronade points to actions it claims have contributed

When it comes to housing affordability, the U.S. Department of Justice (DOJ) must reevaluate harmful actions established by the previous administration. Housing became increasingly out of reach for millions of working-class Americans during the Biden administration. President Trump and his administr