The Mortgage Bankers Association (MBA) approves of Donald Trump’s nominee for director of the Federal Housing Finance Agency (FHFA).In a letter addressed to the Senate Committee on Banking, Housing and Urban Affairs, the MBA gave a strong endorsement of Bill Pulte to lead the FHFA. In that role, Pul

It’s been a while since there were any substantive updates to the lawsuit playing out between Texas Capital Bank (TCB), the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS).A judge has appro

The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Real estate technology provider Delta Media released a new report that highlights a sharp jump in AI usage from last year.Delta’s annual real estate leadership survey explores insights from b

A securitization of private reverse mortgages originated by Reverse Mortgage Funding (RMF) will require additional review due to the lender’s 2022 bankruptcy, according to a statement on the securitization issued by credit rating agency KBRA.“RMF Proprietary Issuance Trust 2019-1 (RPIT 2019-1),” whi

Sen. Tim Scott (R-S.C.), the chairman of the Senate Committee on Banking, Housing and Urban Affairs, recently told a group of reporters that news about changes at the Consumer Financial Protection Bureau (CFPB) under the Trump administration could be imminent.The news was first reported by American

The real estate industry is facing yet another copycat commission lawsuit. But unlike previous cases, this one appears to have simply been a vessel to facilitate nationwide settlement agreements. Filed on Monday in Missouri, the lawsuit’s lead plaintiff is Jeremy Keel, but other named plaintiffs inc

The Federal Reserve didn’t raise or cut interest rates today, but the meeting highlighted something I have been emphasizing since 2022: the Fed is shaping its policy around the labor market more than inflation. Both times when mortgage rates fell without Fed rate cuts (in late 2022-early 2023 and in

Victims displaced due to the Los Angeles wildfires are straining Southern California’s already tight real estate and rental markets, according to a report from Homes.com. The report, published on Wednesday, found that nearly all two-bedroom rentals from Santa Monica and Marina del Rey to Manhattan B

The federal funding freeze has melted — or has it? The Trump administration circulated a new memo Wednesday morning that rescinds a previous memo released on Monday that put a sweeping funding freeze on federal grants and foreign aid.However, White House Press Secretary Karoline Leavitt tweeted late

The Federal Reserve on Wednesday paused its recent string of interest rate cuts, holding benchmark rates steady at a range of 4.25% to 4.5%. The move was widely expected considering recent employment and inflation data showing that the U.S. economy continues to run hot.Market analysts were nearly un

Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process. We’ve incl

Luxury real estate auction house Concierge Auctions has entered a co-marketing partnership with proptech startup Luxury Presence, announced today.The collaboration offers Luxury Presence’s clients the ability to promote upcoming auctions, in addition to using the Concierge Auctions platform as a too

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending, a nonagency mortgage lender owned by funds managed by Apollo Global Management. Dunmor CEO Franck Ruimy spoke with HousingWire‘s Sarah Wolak on why he anticipate

The build-to-rent portion of the housing market is in full swing in early 2025. Over 110,000 single-family rentals (SFR) are under construction in the U.S. — and two states are leading the way.That finding comes from a report released this week by Point2Homes, a real estate listing portal for rental

Personal finance website WalletHub this week released its rankings of the best and worst states to retire in 2025. It determined that Florida, Minnesota and Colorado are the friendliest states for retirees, while Mississippi, Louisiana and Kentucky are at the opposite end of the spectrum.The company

Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.Attorneys general and mortgage regulators in 50 states, as well the District of Columbia, agreed to a se

The recent executive actions of President Donald Trump could impede the implementation date of Ginnie Mae’s new complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program — but not in the way you might think.The president did hand down an order aiming to freeze outstanding

Mortgage rates have been static in the first month of 2025. The long-term costs of a home loan are keeping borrowers on the sidelines as rates have been above 7% since Christmas — the longest such stretch since July 2024 when they were in the middle of a long and steady decline.But lenders and borro

Editor’s note: This story has been updated with further information released by the Trump administration, as well as statements from the Mortgage Bankers Association and the Federal Housing Administration.The Trump administration caused confusion across numerous industries on Tuesday morning when it

Catastrophic weather events in the U.S. are reshaping insurance premiums and real estate markets, which will inevitably drive up costs and worsen affordability.Notably, hailstorms, the devastating wildfires in California and hurricanes in the Gulf Coast are reminders of the cost burdens associated w