Aging-in-place tech platform secures $35M funding round

An aging-in-place technology platform recently secured a $35 million funding round, which it hopes to use to expand its existing partnership portfolio while also aiming to enter the Medicaid market.The Helper Bees is a platform that connects older adults to a “network of non-medical products and ser
Read MoreHow to get a Colorado real estate license — Tips from a mega broker

I was 19, tired of long hours at Beau Jo’s Pizza, and ready to invest in my future. That’s when I came across a real estate investment series on VHS by Carlton Sheets (remember VHS?). Little did I know this class would change the entire trajectory of my life. It inspired me to get my real estate lic
Read MoreTrump tariffs on Canada, China and Mexico go into effect Saturday

President Donald Trump will enact tariffs on goods imported from three major U.S. trade partners, multiple news outlets reported Friday. The plan goes into effect Saturday, the White House confirmed, with 25% tariffs on Canada and Mexico, along with 10% tariffs on China.According to reporting from T
Read MoreTrump places tariffs on Canada, China and Mexico

President Donald Trump is enacting tariffs on goods imported from three major U.S. trade partners, multiple news outlets reported Friday. The plan was set to go into effect Saturday, the White House confirmed, with 25% tariffs on Canada and Mexico, along with 10% tariffs on China.According to report
Read MoreIs President Trump bluffing on tariffs?
It’s Friday and we have more news on tariffs. Initially, it was announced that collection of the tariff duties would be delayed by one month, but then the White House press secretary stated that they would take effect tomorrow. So, what’s going on? As we have discussed since Nov. 7, 2024, prepare fo
Read MoreHUD’s key homelessness snapshot may be impacted by Florida law

A key homelessness report issued every year by the U.S. Department of Housing and Urban Development (HUD) could be muddied by city ordinances and state law in Florida banning public sleeping and camping, according to a local official with a federally funded homelessness agency.“The Point-in-Time (PI
Read MoreAlanna McCargo leaves FHLBank leadership to assume policy role

Alanna McCargo, the most recent Senate-confirmed president of Ginnie Mae who departed last year to become president and CEO of the Federal Home Loan Bank (FHLBank) of San Francisco, has left the bank’s leadership team to assume a new policy position working with the chair of the board of directors.J
Read MoreEvergreen Home Loans expands to five Southeast states

Evergreen Home Loans, which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. The company has also hired John Porath as its new regional manager to oversee business in Florida, Georgia, North Carolina, South Carolina and
Read MorePennyMac’s 2024 performance driven by strong servicing portfolio

PennyMac Financial Services Inc. reported Thursday that it earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million. It’s an about-face for PennyMac after it posted a net loss of $36.8 million in Q4 2023.For 2024 as a whole, the California-based lender earne
Read MorePlanet Financial hires Ken Quantie to lead KeyLink Title

The title entity of Planet Financial Group has a new leader. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title. In this role, Quantie will work to expand KeyLink’s residential and commercial title offerings, making them available to outside fin
Read MoreBijoy John joins Sage Home Loans as senior VP of marketing

Sage Home Loans Corp. recently hired Bijoy John as its new senior vice president of marketing. John expressed his excitement over joining Sage and implementing his vision at the company.Bijoy JohnSage’s senior leadership team welcomed John with open arms, praising his track record of successfully re
Read MoreHome inspector sees interaction from baby boomers, aging in place and reverse mortgages

As more older adults state their desires to age in place in their current homes — and with baby boomers owning as much as half of all U.S. home equity based on different estimates — it’s easy to see the potential impact that such a large cohort has on a variety of different businesses, including hom
Read MoreFamed encyclopedia highlights ‘sandwich generation,’ recognizing importance of senior caregiving

Britannica, the English-language encyclopedia that has roots as far back as the 1760s, recently highlighted a phrase familiar to the reverse mortgage industry — the “sandwich generation” — in recognition of the growing importance that caregiving for older relatives will have as the global population
Read MoreHere’s another estimate of the financial losses from the LA wildfires

The recent Palisades and Eaton fires in Los Angeles have eradicated thousands of residential properties, leaving both physical and financial damage to Southern California’s housing market. Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to
Read MoreHome inventory levels are showing strong signs. Can it continue?

Rising mortgage rates that are now above 7% have continued in January. But there may be some improvement on the horizon as newly listed home inventory grew 37.5% from December, according to a Realtor.com report released Thursday — and certain cities and regions are moving much faster than others.Whe
Read MoreRepublicans want to reduce CFPB budget to $0 with new bill

Back in control of the House of Representatives, the Senate and the White House, Republicans are reportedly aiming to renew their ongoing war against the Consumer Financial Protection Bureau (CFPB) by targeting the money allocated to it by the Federal Reserve, which would effectively reduce the agen
Read MoreDeephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

In this week’s episode of the Power House podcast, host and HousingWire President Diego Sanchez chats with Tom Davis, chief sales officer at Deephaven Mortgage. In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM l
Read MoreWhite House offer to federal employees sparks concerns, union opposition

In one week, a deadline will arrive for federal workers to accept what appears to be a “buyout” if they choose to resign. The offer, which came in an email to federal workers from the government’s Office of Personnel Management (OPM), said that federal employees who resign by Feb. 6 can be paid thro
Read MoreRemaining defendants push back in the Gibson commission lawsuit

While many real estate brokerages have made the choice to settle the commission lawsuits — including Side and JPAR just this week — others are still attempting to fight. On Monday, several high profile real estate firms such as Berkshire Hathaway Energy (BHE) — the parent company of HomeServices of
Read MorePending home sales limped to the end of 2024

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). Compared to a month prior, contract signings fell 5.5% in December, with the Pending Home Sales Index coming in at a reading of 74.4. An index reading of 100 is eq
Read More
Categories
Recent Posts











