Fathom Holdings, the parent company to Fathom Realty, announced a new promotion in its executive leadership team. On Wednesday, the firm hired former senior vice president of finance Joanne Zach as chief financial officer.After starting with Fathom in 2021, the new CFO worked directly alongside CEO

A lot has been said during this election cycle about housing affordability as a potential difference-maker, with both major party presidential candidates giving more attention to housing issues than in other recent campaigns. But now that the results have largely been tabulated, voters appeared to b

loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity.As a result, loanDepot is retiring its Vision 2025 strategic plan, wh

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers.A new report from the National Association of Realtors (NAR)

In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas.That’s according to a report released Monday by StorageCafe, a national marketplace for storage space and an affiliate of real es

In a recent episode of its “New Home Insights Podcast,” Dean Wehrli, principal at John Burns Research & Consulting, chats with David Howard, CEO of the National Rental Home Council (NRHC). They discuss how national, state and local housing policies impact the rental market, and they also explore hou

Onity Group, the recently rebranded parent company of top-10 lender Liberty Reverse Mortgage, posted improved earnings results in the third quarter of the year — with particular attention given to the profitability of its forward and reverse mortgage servicing segments.Onity CEO Glen Messina led the

The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. But they aren’t the only housing professionals impacted

It’s a big week for the U.S. economy as the 2024 election takes place and monetary policymakers are meeting to decide what to do next about interest rates.For mortgage professionals who’ve been dealing with uncertainty of late, more clarity could soon emerge. Mortgage rates have been rising quickly

Credit rating agency Fitch announced this week that its long-term issuer default rating for Finance of America was downgraded to “restricted default” status following its recently publicized debt exchange plan. The rating was then upgraded to “CCC” following the completion of the exchange agreement.

The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides dat

Among voters who cast their ballots by Nov. 1, 38% said that the issue of housing affordability impacted their choice in the presidential contest, according to new survey data released this week by Redfin.The survey was conducted by Ipsos within an extremely narrow time frame of 24 hours on Oct. 31

When it comes to what a possible Kamala Harris or Donald Trump victory in the presidential election means for the future of antitrust enforcement in the real estate space, lawyer and industry analyst Rob Hahn may have said it best.“Nobody knows anything,” Hahn wrote in the Nov. 1 edition of his Noto

Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older. Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested

Reverse mortgage industry performance metrics have been trading gains and losses for several months now, but a more favorable interest rate environment and optimism about the possible trajectory of business in 2025 have arrived alongside some generally positive news for October.Home Equity Conversio

In a week expected to mark the close of a divided race for the U.S. presidency, mortgage loan officers are standing by the motto of, “Let’s control what we can control.“As they navigate the anxieties of homebuyers and market shifts, they told HousingWire they’re encouraging clients to move forward w

Global credit rating agency Morningstar DBRS last week assigned a “good” rating to reverse mortgage industry leader Finance of America (FOA), confirming the ranking the company was assigned this past summer ahead of its earnings call this week.The rating is officially classified as “MOR RVO2” by Mor

As candidates in the upcoming presidential election offer strategies to address a national housing crisis, there is an urgent need for new solutions for the housing shortage in rural America. The current set of federal policies often takes a “one size fits all” approach based on urban and suburban m

The 2024 general election in the United States is on Tuesday, and will decide the balance of power between the two major political parties in our system of government. At the top of the ballot, the presidential race between Democratic nominee Vice President Kamala Harris and Republican nominee and f

The hardest position to take in analyzing the housing market is one that is contrarian and bullish. When everyone knows that the housing market is sluggish and weak, but the data shows surprising strength. That’s where we are right now. Home sales are significantly better than they were last year at