HUD OIG reveals ongoing reverse mortgage oversight priority

In compliance with a 1978 law that requires government agency watchdogs to provide semi-annual reports on their activities, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) published its report on Tuesday.While there were no new indications of scrutiny
Read MoreSERHANT. adds top agent in Florida expansion

SERHANT. has expanded its footprint to Palm Beach Island, Florida, with the addition of Gary Pohrer, a top-producing agent and longtime local resident.Pohrer, who has closed more than $2.5 billion in career sales, brings more than two decades of experience in the luxury real estate market. That incl
Read MoreNew Jersey seniors seek out home modifications to age in place

With aging-in-place preferences generally dominant among older Americans, some cities and states are putting these preferences into action by providing additional support for people who want to remain in their homes. In New Jersey, these can range from tax incentives and veterans benefits to Medicai
Read MorePhiladelphia lawmakers advance ordinance to speed affordable housing construction

In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing.The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effo
Read MoreZillow: Northeast housing competition heats up while Sun Belt offers breathing room
As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow.The analysis released Thursday shows a stark contrast between markets. In cities like Buff
Read MoreWhiplash: As second court orders halt to tariffs, appeals court keeps them in place

Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authorit
Read MoreTrump to Powell: It’s a ‘mistake’ to not lower interest rates

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates.During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House
Read MorePotential homebuyers are waiting for prices to fall
Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report.Further analysis of the report, conducted by the Bank of America Institute, shows that three in
Read MoreSun Belt buyers hold the most power this spring

Federal Court blocks Trump’s ‘Liberation Day’ tariffs

A federal trade court has blocked President Donald Trump’s efforts to impose broad tariffs under emergency powers — ruling the move exceeded the authority granted to the president by the 1977 International Emergency Economic Powers Act (IEEPA).A three-judge panel of the U.S. Court of International T
Read MoreDOGE effect? Housing inventory in DC is rising faster than the rest of the country
Agent Janice Pouch had a listing go up in February for a single-family house in a desirable part of Washington, D.C., where homes typically don’t last long. She had no reason to think that wouldn’t be the case this time either, especially after a packed open house during its first weekend on the mar
Read MoreArrive Home introduces new versions of its Earned Equity Program

Arrive Home has launched two new iterations of its Earned Equity Program (EEP), which helps consumers achieve homeownership through a long-term purchase contract.The program is now available through two separate products designed for different groups of borrowers: EEP Pathway and EEP DocLight. EEP P
Read MoreFlorida’s single-family rental market is resilient, but not without risk

Florida’s growth story is well-documented, and it continues to fuel demand for rental housing. According to the U.S. Census Bureau and the National Association of Realtors, Florida welcomed approximately 475,000 new residents in 2024, leading the nation in net migration. The state’s lack of income t
Read MoreGeorgia brokerage joins Century 21 network

Century 21 Real Estate has expanded its presence in Georgia with the addition of Realty 1 Georgia, a brokerage led and founded by Angela Whitmire.The firm — which will now operate as Century 21 Realty 1 Professionals — has offices in Covington and Milledgeville, Georgia. It serves residential and co
Read MoreDOJ: Former attorney pleads guilty to wire fraud tied to reverse mortgage misuse

A former attorney in Washington state this week pleaded guilty in federal court to defrauding a disabled client out of an estimated $800,000 — in part through the misuse of a reverse mortgage, according to an announcement by the Department of Justice (DOJ) and the U.S. Attorney’s Office for the West
Read MoreCHLA offers support for Pulte’s position on FICO pricing

After a statement made last week in condemning the credit-score pricing practices of Fair Isaac Corp. (FICO), Federal Housing Finance Agency (FHFA) Director Bill Pulte is now being complimented for his position by the Community Home Lenders of America (CHLA).CHLA on Tuesday sent a letter to Pulte, s
Read MoreSupreme Lending to acquire Michigan Mutual: sources

Dallas-based Supreme Lending has reached a deal to acquire Michigan Mutual, Inc. (MiMutual), adding a wholesale platform and a presence in Michigan to its operations, sources told HousingWire.Founded in 1999, Supreme Lending originated $3.8 billion over the past 12 months, with most of its volume co
Read MoreNAHREP’s top 250 Latino LOs accounted for $22B in volume in 2024

The National Association of Hispanic Real Estate Professionals (NAHREP) on Wednesday released its annual Top 250 Latino Mortgage Originators Report, which recognizes the nation’s top-performing Latino mortgage professionals.NAHREP received nearly 5,000 nominations and is recognizing more than 600 La
Read MoreNew MISMO reference model includes reverse mortgages

After embarking on an ambitious project designed to ease the technological processes and interfaces of the reverse mortgage industry compared to traditional mortgage workflows, the Mortgage Industry Standards Maintenance Organization (MISMO) announced this week that the latest version of its referen
Read MoreRental-hunting season hits fever pitch as June begins, Zillow data shows

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