There’d no doubt that 2024 was a tough year for Redfin. Despite recording a 7% annual increase in revenue to $1.043 billion, the company’s net loss of $164.8 million was $34 million higher than the one it recorded in 2023. Additionally, the firm underwent a significant round of layoffs in August 202

In its ongoing lawsuit against Ginnie Mae over $28 million in collateral from loans tied to a bankrupt reverse mortgage lender, Texas Capital Bank (TCB) recently submitted what it called an “expert report” from a former reverse mortgage industry executive, who offered his thoughts on Home Equity Con

In a Senate Banking Committee hearing on Thursday to assess the nominations of four people poised to take on leadership roles in the Trump administration, most of the questions that senators raised were focused on one person.Jonathan McKernan, who is President Donald Trump’s nominee to succeed Rohit

Rocket Companies, the parent of Rocket Mortgage, on Thursday released its latest earnings report in which it recorded net revenue of $1.8 billion and GAAP net income of $649 million in the fourth quarter of 2024.For the whole year, the company posted net revenue of $5.1 billion and GAAP net income o

Another Jane Doe has filed a sexual assault case against former real estate agent Tal Alexander and his brother Alon.In a complaint filed this week, a woman claims she was drugged and raped by Tal and Alon at their shared residence in the summer of 2010, allegations that are remarkably similar to th

Tax reform. The Consumer Financial Protection Bureau (CFPB). Housing policy changes. Managing optics. These were just some of the topics explored Wednesday during a discussion at the Housing Economic Summit hosted by HousingWire at the George W. Bush Presidential Center in Dallas.Bill Killmer, senio

In 2024, the U.S. recorded 27 weather and climate disasters that incurred losses of more than $1 billion, the second-highest total for any year on record.It also marked the 14th consecutive year in which the U.S. experienced 10 or more billion-dollar disasters and the fifth straight year in which at

A woman pleaded guilty to one count of mail fraud for trying to orchestrate a scheme that included a threat to auction off Graceland, the former home of Elvis Presley, the Department of Justice (DOJ) said.Court documents show that Lisa Jeanine Findley, 53, of Kimberling City, Mo., along with accompl

Bill Pulte, President Donald Trump’s choice to lead the Federal Housing Finance Agency (FHFA), sat Thursday for a confirmation hearing with the Senate Committee on Banking, Housing and Urban Affairs alongside nominees for three other administration positions.The lion’s share of questioning from sena

Technology platform Figure, which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Street’s asset-based finance platform has committed to invest $200M of equity. P

Barry Habib’s highly anticipated 2025 housing market forecast premiered during HousingWire‘s Housing Economic Summit on Wednesday in Dallas. Habib, the CEO of MBS Highway, kicked off his by presentation by referencing his 2024 forecast, telling the crowd of 250-plus that he hit the mark for home pri

President Donald Trump ordered U.S. government agencies to develop plans for eliminating jobs in an escalation of the mass layoffs that have roiled the federal workforce in the first month of the new administration. In a memo circulated on Wednesday, Trump laid out a two-phase requirement for agenci

After a year that saw the lowest level of existing-home sales since 1995 in a country with a population that has grown by 75 million since then, real estate brokerages are rightly concerned about what the housing market has in store for their already compressed margins in 2025. Economists Jessica La

The U.S. Department of Housing and Urban Development (HUD) is eliminating an Obama-era rule that became a lightning rod during the 2020 election.During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They clai

Elon Musk’s Department of Government Efficiency (DOGE) has accessed U.S. Department of Housing and Urban Development (HUD) confidential data related to housing discrimination, according to a report from non-profit investigative journalism outlet ProPublica.ProPublica said its findings are based on i

When reverse mortgage professionals from Australia and New Zealand made the long journey to San Diego last year to attend the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo, they were ready to learn about the core differences between the businesses in a different part

President Donald Trump is floating the idea of a $5,000-per-household stimulus check, dubbed a “DOGE dividend,” which Trump explained would come from taking 20% of the savings identified by the Elon Musk-led U.S. DOGE Service.The idea, which stemmed from Azoria investment firm CEO James Fishback on

Buyers, sellers and practitioners in the housing market pay close attention to the headlines that emerge from various changes in market activity, and sometimes those headlines can lead to fear. That fear trickles through to homebuyers and sellers, often leading them to stay on the sidelines.But payi

A majority of U.S. real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi.The findings indicate strong confidence in the rental housing market, with landlords