Judges rule that CFPB, HUD probationary employees still have jobs — for now

In separate rulings this week, federal judges in Maryland and California told the Trump administration that it must reinstate thousands of probationary employees who were let go without advance notice or cause. These include many at the Consumer Financial Protection Bureau (CFPB) and the U.S. Depart
Read MoreWorld’s first AI real estate agent has already made $100M in sales

Israeli startup eSelf AI has developed a technology that provides interactive AI real estate agents capable of answering questions and guiding prospective buyers through listings at any time.“We are not only a face that is moving and speaking while the agent responds to the user, but we also have sh
Read MoreInside Real Estate acquires AI property search firm ListAssist

Utah-based Inside Real Estate has acquired ListAssist, which provides artificial intelligence (AI)-powered search and marketing technology that’s designed to enhance the property search experience.Joe Skousen, CEO of Inside Real Estate, described the acquisition as a step toward revolutionizing how
Read MoreFOA’s Kristen Sieffert talks about growing the business in 2025

Despite a drop in overall profitability in the fourth quarter of 2024, FOA, one of the nation’s leading reverse mortgage lenders, remains optimistic about the total addressable market for home equity-based retirement products and will continue to develop its offerings in 2025.This was some of the pe
Read MoreHow urban environments present unique challenges for aging in place

While it’s important to understand the unique challenges faced by older Americans in rural or suburban areas as they seek to age in place in their own homes, there can also be unique challenges for those seeking to age in place in urban parts of the country.This is according to a look at the hurdles
Read MoreAdvocus National Title now providing 1031 exchange services

Advocus National Title Insurance Co. has launched a new 1031 exchange service, allowing real estate investors to defer capital gains taxes when selling and reinvesting in like-kind properties.The service, offered through Advocus National 1031 Exchange LLC, is operated by Accruit, a qualified interme
Read MoreRising unemployment is shifting the D.C. housing market: Altos
Employment in the Washington, D.C. housing market is anything but stable right now — and residents are feeling it. According to D.C.’s Department of Employment Services, nearly 12,000 federal employees have filed initial unemployment claims amid widespread cuts enacted by Elon Musk and his DOGE agen
Read MoreColdwell Banker’s Kamini Lane blasts potential repeal of CCP

With the National Association of Realtors (NAR) reportedly set to vote on the future of its Clear Cooperation Policy (CCP) in the not-too-distant future, the leader of Coldwell Banker Realty is not holding back her feelings about the controversial rule.In an op-ed published Wednesday by Newsweek, Co
Read MoreExperts offer a temperature check on title insurer M&A

The title insurance industry continues to seek a “new normal” when it comes to transaction volume, as well as mergers and acquisitions (M&A).High company valuations and a multitude of deals during the peak post-pandemic market have now been replaced with a mixed status quo. HousingWire spoke with tw
Read MoreFair housing groups sue HUD, DOGE over grant cuts

In the midst of aggressive cost-cutting measures, a coalition of fair housing groups with grant funding have filed a lawsuit against DOGE, U.S. Department of Housing and Urban Development (HUD) and Scott Turner in his capacity as HUD secretary. The groups allege an overstep that will hamper their ab
Read MoreBerkshire Hathaway denies sale to Compass — but what if it happened?

On the heels of a bombshell report by the Wall Street Journal that Compass is in “advanced talks” for an acquisition of Berkshire Hathaway HomeServices, Gino Blefari, HomeServices CEO, immediately sent out an email fervently denying the news. However, the rumor persists, particularly when you have T
Read MoreNew FHFA Director Bill Pulte is focused on GSE reform

In a series of tweets Thursday evening, newly confirmed FHFA Director Bill Pulte made it clear that pulling Fannie Mae and Freddie Mac out of conservatorship is his top priority and wrote: “big announcements coming soon.”After reposting news of his Senate confirmation and thanking specific Senators
Read MoreHow a government shutdown could impact reverse mortgages

In what seems to have become an ongoing tradition, lawmakers in Congress are bringing the federal government ever closer to a partial shutdown due to an impending lapse in appropriations scheduled for Friday, March 14 if they can’t agree on a funding plan. The impacts are likely to be felt across a
Read MorePre-retirement anxiety is rising, but current retirees are optimistic

Generally speaking, retirement sentiment among those currently in the planning stage is high. Two-thirds of pre-retirees express confidence in their plans as it stands, but the metric took a notable dip of 7 percentage points when compared to 2024, according to new survey results from Fidelity Inves
Read MoreCompass in negotiations to buy HomeServices of America

Compass is in “advanced talks” to acquire HomeServices of America, the real estate wing of Warren Buffett-owned conglomerate Berkshire Hathaway.The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal “could come together soon, if tal
Read MoreSupreme Lending looks to expand along the West Coast

Mortgage industry veterans Eli Fairfield and Brian Keranen have joined Everett Financial (dba Supreme Lending) as regional directors for the Pacific Southwest, the company announced.Fairfield and Keranen bring decades of experience in mortgage lending, as loan originators and managers in California.
Read MoreLos Angeles suspends new Section 8 applications, approvals amid federal uncertainty

Citing federal budget uncertainty, the Housing Authority of the City of Los Angeles announced last week that it has stopped accepting new applications for Housing Choice Vouchers (HCVs), commonly referred to as Section 8 vouchers that subsidize rents for tens of thousands of city tenants.In statemen
Read MoreCenlar FSB hires Andrew Pohlmann to lead business development efforts

Nationwide mortgage loan servicer Cenlar FSB announced today that Andrew Pohlmann has joined the organization as senior vice president of business development. Pohlmann, who brings 30 years of experience to Cenlar, formerly served as Rate’s chief marketing officer. He confirmed the new role in a pos
Read MoreMortgage demand for new homes is down 6.9% in the past year

Mortgage applications for new-home purchases fell 6.9% year over year in February, according to data from the Mortgage Bankers Association (MBA)’s Builder Application Survey that was released Thursday.Applications edged up 0.3% from January without taking seasonal adjustments into account.“New home
Read MoreSouthern construction boom is aiding housing affordability

As the 2025 spring homebuying season begins, the national housing market continues to struggle with supply shortages. But increased activity in residential construction, particularly in the South, is helping to alleviate affordability challenges in certain regions, according to ananalysis from First
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