• 17 indispensable AI tools for real estate agents

    17 indispensable AI tools for real estate agents,Amy Fridhi, Emile L'Eplattenier

    Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, there are tons of AI tools for real estate that offer a more efficient, data-driven approach to generating new client leads. From automated chatbots that

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  • 2025 labor market holds key for mortgage rates

    2025 labor market holds key for mortgage rates,Logan Mohtashami

    Labor over inflation has been my mantra since late 2022. Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. This gives us a glimpse of what may happen over the next 10 months for mortgage rates, especially since, since Jan. 14, we’ve seen them move lowe

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  • New York governor backs moves to fight elder financial exploitation

    New York governor backs moves to fight elder financial exploitation,Chris Clow

    Older Americans are often targets of financial scams by bad actors, and New York Gov. Kathy Hochul (D) wants to see her state’s Legislature address it more directly.Hochul is seeking to mandate specialized training for bank tellers and other banking professionals in New York to identify and stop ins

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  • Reverse mortgage endorsements, securities issuance fell in February

    Reverse mortgage endorsements, securities issuance fell in February,Chris Clow

    Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows.Home Equity Conversion Mortgage (HECM) endorsements and HECM-backed securities (HMBS) issuance saw declines in February, although the number of

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  • Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes

    Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes,Chris Clow

    Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.This comes as the Senate banking committee on Thursday advanced the nomin

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  • 25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

    25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors,Chris Clow

    A group of 25 Canadian nationals have been charged in what the U.S. Attorney for the District of Vermont is referring to as a “grandparent scam” that allegedly defrauded older U.S. citizens across 41 states.23 of the alleged participants were arrested in Canada on Tuesday, according to an announceme

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  • 3 metrics in Friday’s jobs report that will affect mortgage rates

    3 metrics in Friday’s jobs report that will affect mortgage rates,Sarah Wheeler

    All eyes are on the jobs report tomorrow after a string of weak economic reports over the last week. Large-scale layoffs of government workers, President Trump’s back-and-forth tariff policies and a negative forecast for first-quarter GDP have sparked questions about a recession and how that would i

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  • Anthony Hsieh returns to loanDepot as Frank Martell departs

    Anthony Hsieh returns to loanDepot as Frank Martell departs,James Kleimann

    loanDepot founder and controlling shareholder Anthony Hsieh is returning to an operational role at the California-based mortgage lender and CEO Frank Martell is departing.In an announcement made Thursday, loanDepot said Hsieh, the company’s chairman of the board, has returned as executive chairman o

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  • Trump adds Canada to tariff pause on USMCA-compliant goods

    Trump adds Canada to tariff pause on USMCA-compliant goods,Jeff Andrews

    Canada has been invited to the tariff pause party.President Donald Trump signed an agreement Thursday for a one-month pause to 25% tariffs on Canadian goods covered by the United States-Mexico-Canada Agreement (USMCA). This includes the majority of materials used in home construction, including lumb

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  • TransUnion, Truework add mortgages to income verification tool

    TransUnion, Truework add mortgages to income verification tool,Jonathan Delozier

    TransUnion has expanded its partnership with Truework to provide mortgage lenders with broader access to income and employment verification data.The collaboration integrates Truework’s verification system into TransUnion’s advanced programming interface (API), allowing lenders to verify borrower inc

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  • DC housing inventory ticked up last week: Altos data

    DC housing inventory ticked up last week: Altos data,Kennedy Edgerton

    The housing market in Washington D.C. is being closely watched amid widespread layoffs of federal government workers. Sweeping cuts by Elon Musk’s DOGE agency have sent many government employees packing, while other staff need to find housing in the area to comply with return-to-work mandates.Will i

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  • United expands westward with addition of MORE Realty

    United expands westward with addition of MORE Realty,Brooklee Han

    United Real Estate is expanding to the west. Portland, Oregon-based MORE Realty announced Thursday that it’s joining United’s national network. The move marks United’s entrance into Nevada and New Mexico, and it expands the company’s footprint to 34 states with 170 offices and more than 22,000 agent

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  • Trump grants one-month tariff delay on most Mexican building materials

    Trump grants one-month tariff delay on most Mexican building materials,Jeff Andrews

    Tariffs on Mexican building materials are off — for now.President Donald Trump announced on Thursday that tariffs on Mexican goods that fall under the United States-Mexico-Canada Agreement (USMCA), his replacement for NAFTA that was implemented in July 2020, will be delayed until April 2.In a social

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  • Report suggests key HECM field office at HUD could be shut down

    Report suggests key HECM field office at HUD could be shut down,Chris Clow

    As the Trump administration continues to impose cuts to staff and offices across the federal government, the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program — which handles the vast majority of reverse mortgage business in the U.S. — could be impacted.According

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  • This aging-in-place program flies under the radar, but it could lower senior care costs

    This aging-in-place program flies under the radar, but it could lower senior care costs,Chris Clow

    If you’ve heard it once, you’ve probably heard it many times before. The U.S. population is growing older at a faster rate, and those in the 65-and-over bracket are poised to outnumber those 18 and under by the midpoint of the next decade.But despite this emerging reality, programs that are designed

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  • Loan officers are seeing an uptick in FHA, VA demand

    Loan officers are seeing an uptick in FHA, VA demand,Sarah Wolak

    The newest weekly mortgage applications survey data, released Wednesday by the Mortgage Bankers Association (MBA) included the lowest mortgage rates in months, which created a stir in the number of applications.According to the MBA, rates for Federal Housing Administration (FHA) loans dipped to 6.42

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  • Investor home purchases are sinking, and it’s most evident in Florida

    Investor home purchases are sinking, and it’s most evident in Florida,Jonathan Delozier

    Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.Investors purchased 47,004 homes during the quarter, marking a 3.9% decline from Q4 2023, the steepest drop in a

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  • Trump grants one-month pause on automobile tariffs, but building material duties remain

    Trump grants one-month pause on automobile tariffs, but building material duties remain,Jeff Andrews

    President Donald Trump has moved the goalposts on Mexican and Canadian tariffs, but it’s not much solace for the homebuilding industry.The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation

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  • Trump speech, Democrats’ response indicate housing is taking a backseat in Washington

    Trump speech, Democrats’ response indicate housing is taking a backseat in Washington,Chris Clow

    One year ago, President Joe Biden delivered what would become his final State of the Union address to a joint session of Congress. Unusual for that moment was a briefing earlier in the day between reporters and key Biden administration leaders to discuss issues of increasing importance to voters inv

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  • HousingWire Announces the 2025 Finance Leaders Honorees

    HousingWire Announces the 2025 Finance Leaders Honorees,Lesley Collins

    DALLAS, Texas — HousingWire is proud to announce the 2025 Finance Leaders, recognizing 40 of the most impactful finance executives in the mortgage and real estate industries. These leaders have demonstrated exceptional expertise in financial strategy, capital management, and operational efficiency,

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