President-elect Donald Trump announced late Friday that he has chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council (WHORC), to serve as the next secretary of the U.S. Department of Housing and Urban Development (HUD) in his administration.Scot

As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates, investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024,

The reverse mortgage industry has been anticipating the development of a new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program designed to further address liquidity issues in the aftermath of the collapse of a major lender and issuer.But following the results of

Treating older patients with chronic health conditions can already be a challenge for medical professionals, but some of these challenges can bite harder if a patient endures preventable trauma, including a fall. That’s why it’s so important to ensure a living space is appropriately fashioned for ag

The housing industry expected mortgage rates to come down in 2025. Then Donald Trump got elected president and the Fed cast doubt on how much—and how quickly—it would cut rates.The latest sign that views on interest rates are changing comes from the Mortgage Bankers Association (MBA), which has rele

The historically fragmented mortgage servicing space has been transformed over the past few years due to an influx of large companies and ongoing consolidation, which presents challenges for smaller players, industry experts say.  This shift is driven primarily by active merger and acquisition (M&A)

In recent years, renting has become increasingly expensive, particularly since the onset of the COVID-19 pandemic. While national rent growth has cooled compared to the double-digit surges of recent years, it remains consistent with pre-pandemic levels. In November 2023, CoreLogic reported a 2.7% an

Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. District Court for the Eastern District of Michigan.The plaintiffs take issue with what they claim is a requirement fo

White-label brokerage Side has accused Official Partners and the Alexander brothers of defaulting on a loan. The brothers say Side manufactured the default.In their first court filing in the case, Official, Oren Alexander and Tal Alexander claim that Side broke the terms on the loan by unilaterally

For more than two years, the title insurance industry has had to exist in what professionals have deemed a ”rather challenging” environment. The issues began in April 2022 when Fannie Mae announced it would accept attorney opinion letters (AOLs) on some mortgages in lieu of a traditional title insur

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.First impressions matter, especially when it comes to your listing’s exterior. Curb appeal sets the tone for potential buyers before they even step inside, s

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the

After two of its claims against CoStar Group were dismissed in late October, the parent company of Realtor.com is back at it. On Tuesday, Move Inc. filed a second amended complaint in its ongoing battle with the Homes.com parent company.Like the first amended complaint, the second one contains six c

Mortgage servicing executives foresee significant changes for the industry under a Donald Trump administration, particularly when it comes to interest rates, reform of the government-sponsored enterprises (GSEs) and conforming loan limits. But opinions diverge on what to expect in 2025 and beyond.Mi

Home insurance premiums continue to rise, but the severity of the increases have cooled in recent months, which suggests that a semblance of stability is returning to the market. But this doesn’t negate the reality of other turbulent risk factors — including extreme weather events stemming from clim

Home prices firmed up in today’s existing home sales report, but we caught on to this trend two months ago with our Housing Market Tracker. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast, which predicted 2.33% home-price growth for 20

The Hooper (formerly Phillips) copycat commission lawsuit is down a few defendants. In a ruling on Thursday, Judge Mark H. Cohen of the U.S. District Court in Atlanta granted the plaintiffs’ consent motion to drop certain defendants from the suit with prejudice.The defendants now free from the suit

Keller Williams wants to give its team leaders a boost.The real estate franchise has hired Shanan Steere to be its director of growth operations. In the role, Steere will be charged with “reimagining core market center leadership training,” with the hope of recruiting future leaders to the company.“

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona, spent 20 years in the home lending arena before shifting his focus entirely to reverse. With that focus came attention and appreciation for the reverse mortgage produc

After years of stops and starts, housing trade groups are urging Congress to pass a long-term extension to the National Flood Insurance Program. (Image generated by AI in Midjourney)It is unsurprising that the National Flood Insurance Program (NFIP) is yet again up for renewal in a little over a mon