In the wake of severe cuts to staff and its field office footprint, the U.S. Department of Housing and Urban Development (HUD) must reverse layoffs and planned closures of offices across New York state to avoid imperiling housing for 800,000 residents. This is according to a letter from members of N

Single-family renter households have grown by 31% over the past two decades, outpacing the 21% increase in owner-occupied households. Alongside that growth, several metropolitan areas stand out as the best locations for single-family renters.These findings come from a recent analysis by real estate

The conversation started like any typical interaction with a homeowner looking to sell their property. We discussed the current market conditions and revisited the property’s previous listing history — including that the last agent had failed to sell it, eventually pulling it off the market 60 days

Spring officially arrives next week and the 2025 housing market could heat up too, if the recent declines in mortgage rates are any indication.Data at HousingWire’s Mortgage Rates Center on Tuesday shows that 30-year conforming rates are averaging 6.79%, down 10 basis points (bps) from a week ago. A

The Jason Mitchell Group (JMG) couldn’t have asked for a better two weeks.The Arizona-based brokerage announced Monday that it has merged with iRealty, a brokerage in Arkansas that boasts almost 200 agents and roughly 1,400 transaction sides per year. The move marks JMG’s entry into Arkansas, the 42

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage (HECM) origination process has been withdrawn by the sponsoring senator after conversations with reverse m

A reverse mortgage could have benefits for a qualifying borrower, but anyone considering these loans should also be mindful of the potential risks. This is according to nationally syndicated personal finance columnist Liz Weston in one of her latest pieces.A reader who asked Weston to weigh in on th

In conjunction with efforts to celebrate the 250th anniversary of U.S. independence next year, the Department of Housing and Urban Development (HUD) on Monday announced that its Innovative Housing Showcase event and expo will be returning to the National Mall in Washington, D.C., later this year.The

HomeVision, a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation processes.The collaboration will incorporate Restb.ai’s AI-powered image recognition into HomeVision’s

In an industry dominated by private insurers, Iowa Title Guaranty (ITG) continues to operate as a state-run, not-for-profit title system that gives homebuyers a more affordable avenue for settlement services.Iowa bans private commercial title insurance in favor of its unique state-backed model. It’s

The spring housing market is still trying to spring.Pending home sales inched up for the week with small gains but remained below numbers seen at this time last year.  New listings volume is trying to grow with its biggest week since September. List prices inched up for the week, though sales prices

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. The measure passed overwhelmingly in a vote of 95-2.HB 1757 is sponsored by Rep. Amy Walen (D) and would modify the regu

Rising property taxes are a thorn in the side of many Americans in today’s housing market. Older Americans in particular are feeling the brunt of higher tax payments in key metro areas and are being forced to move, a recent report concluded.John Burns Research & Consulting (JBREC), a leading real es

Appraisers concerned about the rising role of appraisal management companies (AMCs) were dealt a blow by the turmoil that’s engulfed the Consumer Financial Protection Bureau (CFPB) since Donald Trump returned to the White House in January.Leaders in the appraisal profession had turned to the CFPB in

As a key government funding deadline of March 14 fast approaches, Republicans in the Senate are aiming to reauthorize the National Flood Insurance Program (NFIP), again putting the program’s funding at risk of a lapse.Absent a legislative remedy seeking a longer reauthorization for the program, lawm

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. housing market, trailing only married couples.That was only seven years after women were legally allowed to obtain

In this week’s episode of the PowerHouse podcast, HousingWire President Diego Sanchez chats with Jason Bressler, chief technology officer at United Wholesale Mortgage (UWM). During the conversation, the duo discuss UWM’s recent partnership with Sphere LOS while exploring artificial intelligence and

Jet HomeLoans, the mortgage arm of publicly traded homebuilder Dream Finders Homes, has acquired Cherry Creek Mortgage LLC. The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability, an executive told HousingWire

A lawsuit over allegedly deceptive and misleading advertising practices between two of the reverse mortgage industry’s leading players saw a new development this week. Mutual of Omaha Mortgage amended its counterclaim that alleges deceptive advertising practices against Longbridge Financial.In a sui

Union Home Mortgage (UHM) on Friday announced two changes to its executive leadership team, just days after the company grew its footprint through the acquisition of NRL Mortgage.Ohio-based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief tech