• Busy day: Optimal Blue pushes out seven new mortgage products

    Busy day: Optimal Blue pushes out seven new mortgage products,Kennedy Edgerton

    Mortgage technology technology Optimal Blue on Tuesday announced a series of new products and innovations at its inaugural Optimal Blue Summit user conference in San Diego.The company first announced the launch of a new artificial intelligence-powered assistant. The new product, dubbed Ask Obi, will

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  • Boomers, or boogeymen? The ‘silver tsunami’ brings anxiety and opportunity

    Boomers, or boogeymen? The ‘silver tsunami’ brings anxiety and opportunity,Chris Clow

    The so-called “silver tsunami” — referring to some kind of “rush” of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to — is likely to have serious economic ramifications with negative potential, or a lot of upside potential due to the ways

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  • DOJ to participate in oral arguments in REX appeal

    DOJ to participate in oral arguments in REX appeal,Brooklee Han

    The Department of Justice (DOJ) got its wish. On Friday, the Ninth Circuit Court of Appeals granted the DOJ’s request to speak at oral arguments in an appeal filed by now-defunct discount brokerage REX Real Estate in its lawsuit against the National Association of Realtors (NAR) and Zillow. In early

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  • Chopra’s parting shot: A CFPB blueprint for state-level enforcement with teeth

    Chopra’s parting shot: A CFPB blueprint for state-level enforcement with teeth,Chris Clow

    Before he was predictably fired by President Trump, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra published a template for state-level regulators to continue the core mission of the agency after he’s gone and Republicans work to dismantle the consumer watchdog.After firing Chopra

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  • U.S. strikes deal with Canada to pause tariffs for one month

    U.S. strikes deal with Canada to pause tariffs for one month,Jeff Andrews

    That whooshing sound you hear is homebuilders breathing a sigh of relief.Canadian President Justin Trudeau announced Monday afternoon that the U.S. and Canada have agreed to pause for one month the 25% tariffs that President Donald Trump placed on Canadian goods. That came mere hours after Trump and

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  • U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery

    U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery,Kennedy Edgerton

    Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels.On Monday, ICE released its February 2025 Mortg

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  • Ownwell partners with Valon on property tax monitoring service

    Ownwell partners with Valon on property tax monitoring service,Kennedy Edgerton

    Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services.This is Valon’s latest move to upgrade its mortgage servi

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  • Real estate brokerages and the rise of the revenue share model

    Real estate brokerages and the rise of the revenue share model,Brooklee Han

    Love them or hate them, profit share and revenue share real estate brokerage models appear to be on the rise, highlighted by the rapid ascent of both eXp Realty and The Real Brokerage over the past roughly 15 years. However, Keller Williams is considered by many to be the originator of the profit/re

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  • PAVE seems to be disappearing. What else is next?

    PAVE seems to be disappearing. What else is next?,Sarah Wolak

    As the Trump administration continues its crusade against diversity, equity and inclusion (DEI) initiatives, it appears that the Property Appraisal and Valuation Equity (PAVE) policies are being swept away amid a laundry list of actions.Once led by Marcia Fudge, secretary of the U.S. Department of H

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  • Housing industry veteran launches title alternative company

    Housing industry veteran launches title alternative company,Brooklee Han

    For Tony Roveda, the founder of National Attorney Title, an Ohio-based attorney opinion letter (AOL) firm, the Trump administration’s executive order on housing availability and affordability is a clear indicator that he is launching his firm at the right time.“In our opinion, our timing is perfect,

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  • New CFPB director Bessent orders agency to stop working

    New CFPB director Bessent orders agency to stop working,James Kleimann

    In his first official action as acting director of the Consumer Financial Protection Bureau (CFPB), Scott Bessent ordered staffers to stop bureau activities, including the issuance of final rules, settlement enforcement actions, or participation in legal cases.Agency staffers have also been instruct

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  • PA judge decides reverse mortgage gets first-priority in foreclosure dispute

    PA judge decides reverse mortgage gets first-priority in foreclosure dispute,Chris Clow

    A reverse mortgage loan has “first-priority” status in a Pennsylvania foreclosure dispute, after initially being rejected by the trial court according to court documents reviewed by HousingWire’s Reverse Mortgage Daily (RMD), and an analysis by attorneys at law firm Wilentz, Goldman & Spitzer, P.A.I

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  • Weak demand is forcing more home sellers to reduce their asking price

    Weak demand is forcing more home sellers to reduce their asking price,Mike Simonsen

    There are some really interesting price trends happening across the country right now. I mentioned last week how weakness in demand had led some of the measures for home price changes to slide into negative territory compared to a year ago. This week, another signal of future sales prices slipped in

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  • Mortgage rates remain flat despite tariff drama

    Mortgage rates remain flat despite tariff drama,Logan Mohtashami

    It was a chaotic weekend as the market reacted to the potential impact of 25% tariffs on Mexico and Canada, and 10% tariffs on China. Last Friday, I recorded an episode of the HousingWire Daily podcast discussing the possibility of President Trump making such a move. Not long after we finished recor

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  • Updated list of all Trump’s actions that impact housing

    Updated list of all Trump’s actions that impact housing,Sarah Wheeler

    Below is a recap of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025. Each category list is in reverse order, with the most recent actions first.CFPBFires CFPB Director Rohit Chopra  Feb. 1Senate banki

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  • Mortgage rates stay calm before possible tariff enforcement

    Mortgage rates stay calm before possible tariff enforcement,Logan Mohtashami

    Last week, the housing data demonstrated stability even as we approach potential tariff enforcements. Mortgage rates have remained largely unchanged, and there has been a slight decrease in housing inventory. Furthermore, pending contracts reflected a modest year-over-year decline, while purchase ap

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  • Homebuilders ask Trump for tariff exemptions on building materials

    Homebuilders ask Trump for tariff exemptions on building materials,Sarah Wheeler

    The National Association of Homebuilders (NAHB) sent a letter to President Trump Friday asking for tariff exemptions on building materials from Canada and Mexico. The letter follows a Trump announcement that the U.S. was levying tariffs of 25% on Canadian and Mexican imports that would go into effec

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  • Trump fires CFPB Director Rohit Chopra

    Trump fires CFPB Director Rohit Chopra,Sarah Wolak

    President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB) on Saturday, abruptly ending a five-year term scheduled to run through late 2026. The Associated Press reported that Chopra was notified of his firing in an email.Chopra confirmed the news via a lette

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  • More first-time buyers rely on mortgage rate buydowns to afford homes

    More first-time buyers rely on mortgage rate buydowns to afford homes,Kennedy Edgerton

    Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. According to HomeLight‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers.HomeLight is an Arizon

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  • Hawaii bill would establish state-run reverse mortgage program

    Hawaii bill would establish state-run reverse mortgage program,Chris Clow

    A group of state representatives in Hawaii have introduced a new bill into the legislature, calling for the establishment of a state-specific Home Equity Conversion Mortgage (HECM) program to be managed by the Hawaii Housing Finance and Development Corp. (HFDC).This is according to the text of the b

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