Bob Broeksmit outlines MBA priorities under Trump administration

Against the backdrop of a new presidential administration and a new Congress, Mortgage Bankers Association President and CEO Bob Broeksmit laid out the trade group’s priorities during the opening session of the MBA’s IMB25 conference Monday. First on the list? A smooth exit from conservatorship for
Read MoreWhy new-home sales are disappointing, despite beating estimates
Today’s new home sales report beat market expectations, just like last week’s existing home sales report. However, a detailed analysis of the data explains why housing permits continue to remain at recession-level figures. Builders are struggling to get clarity on how many homes they can sell in thi
Read MoreWill we see home prices decline in 2025?
Recently, we’ve shared that the inventory of unsold homes is growing. In recent weeks, home sales also faltered in the face of 7% mortgage rates. Now we’re noticing some signals in the data that national home prices could turn negative this spring, showing year-over-year home-price declines for the
Read MoreCFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity. At the ti
Read MoreMLS PIN preliminary settlement approval hearing set for April

After 16 months of back and forth, Judge Patti B. Saris has made it clear that she is ready to move on from the Nosalek commission lawsuit.During a hearing on Monday, Saris announced that she was scheduling the preliminary approval hearing for the settlement agreement reached in June 2023 between th
Read MoreIndigo secures $8M in funding for expansion in 2025

Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to real estate agents.Pete Flint at venture capital firm NFX, Clelia Warburg
Read MoreRemodeling industry could benefit from focus on aging in place

Members of the U.S. home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to “future-proof” homes for later life and aging in place.This is acco
Read MoreCash-out refi customers largely used proceeds to pay down debt

Consumers who chose to take out a cash-out refinance largely used the loan’s proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. Cash-out borrowers also saw increases in their credit scores on average, while scores
Read MoreListing photos at center of lawsuit naming Compass, Side

Who owns photos of a real estate listing? The broker? The photographer? And what exactly happens when a photo used in marketing material looks essentially identical to an already copyrighted photograph? Based on suits filed on Friday by builder, real estate broker and professional photographer Alexa
Read MoreRealTrends’ Steve Murray explores M&A changes and brokerage team models

In this week’s episode of the RealTrending podcast, host Tracey Velt sits down with RealTrends founder Steve Murray. The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers.This interview has
Read MoreJason Cave joins Mr. Cooper team as SVP for Government Affairs

Mr. Cooper announced the appointment of Jason Cave as its new SVP of Government Affairs, which was confirmed with HousingWire today. Cave, who started on Jan. 21, confirmed the news on his LinkedIn today. Cave will report directly to Kurt Johnson, the company’s EVP and CFO. Cave joins the company wi
Read MoreWhat can President Trump do to help the housing crisis?
This week has been full of surprising headlines regarding the housing market, particularly concerning President Trump. His executive orders and demand for lower interest rates have overshadowed the usual discussions on housing economics. In this article, I’ll give you an update on the latest weekly
Read MoreNewrez president Baron Silverstein on client retention and third-party servicing

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez is joined by Newrez President Baron Silverstein. In this informative conversation, the duo touch on Newrez’s growth and acquisition strategies, the use of technology and artificial intelligence for client retentio
Read MoreCFPB received fewer reverse mortgage complaints in 2024

There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database maintained by the bureau. This was 63 fewer complaints than in 2023.Of the total, about 43% were related to “
Read More‘Silver tsunami’ could propel change at low-enrollment WA college

A state senator in Washington, citing dwindling enrollment numbers at an Olympia college and the impending “silver tsunami” of population trends, wants to close an existing college campus and transfer its control to the University of Washington to repurpose it for health sciences studies.This is acc
Read MoreCoreLogic adds aerial imagery partner for post-disaster AI analysis

In the wake of the Los Angeles wildfires, CoreLogic today announced a new strategic alliance with Vexcel Imaging, a global leader in aerial imagery, which will provide CoreLogic with imagery from the U.S., Canada, Western Europe and Australia, including post-disaster imagery captured after wildfires
Read MoreJudge dismisses sexual assault case against Alexander brothers on technicality

One of the original sexual assault cases against former real estate brokers Tal and Oren Alexander has been dismissed.A federal judge dismissed Angelica Parker’s suit against the Alexanders — including Oren’s twin brother Alon — on the grounds that the case was not filed within the time frame set by
Read MoreThe best real estate coaching programs for 2025

From the thrill of a sale to the pursuit of new leads, the real estate industry keeps you on your toes. It’s vibrant, dynamic and competitive, but it can also be incredibly isolating, and staying motivated can be a challenge. As a way to deal with this, many agents and brokers seek professional ment
Read MoreDunmor, Newfi augment partnership with minority equity investment

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending, a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership
Read MoreWhy didn’t we see a national home-price correction in 2024?
Existing home sales ended the year on a positive note, which aligns with our weekly Housing Market Tracker data, but something surprising is that home prices firmed up late in the year as well. We observed a shift in the forward-looking data starting in the summer, which continued throughout the yea
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