In 2024, the U.S. recorded 27 weather and climate disasters that incurred losses of more than $1 billion, the second-highest total for any year on record.It also marked the 14th consecutive year in which the U.S. experienced 10 or more billion-dollar disasters and the fifth straight year in which at

A woman pleaded guilty to one count of mail fraud for trying to orchestrate a scheme that included a threat to auction off Graceland, the former home of Elvis Presley, the Department of Justice (DOJ) said.Court documents show that Lisa Jeanine Findley, 53, of Kimberling City, Mo., along with accompl

Bill Pulte, President Donald Trump’s choice to lead the Federal Housing Finance Agency (FHFA), sat Thursday for a confirmation hearing with the Senate Committee on Banking, Housing and Urban Affairs alongside nominees for three other administration positions.The lion’s share of questioning from sena

Technology platform Figure, which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Street’s asset-based finance platform has committed to invest $200M of equity. P

Barry Habib’s highly anticipated 2025 housing market forecast premiered during HousingWire‘s Housing Economic Summit on Wednesday in Dallas. Habib, the CEO of MBS Highway, kicked off his by presentation by referencing his 2024 forecast, telling the crowd of 250-plus that he hit the mark for home pri

President Donald Trump ordered U.S. government agencies to develop plans for eliminating jobs in an escalation of the mass layoffs that have roiled the federal workforce in the first month of the new administration. In a memo circulated on Wednesday, Trump laid out a two-phase requirement for agenci

After a year that saw the lowest level of existing-home sales since 1995 in a country with a population that has grown by 75 million since then, real estate brokerages are rightly concerned about what the housing market has in store for their already compressed margins in 2025. Economists Jessica La

The U.S. Department of Housing and Urban Development (HUD) is eliminating an Obama-era rule that became a lightning rod during the 2020 election.During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They clai

Elon Musk’s Department of Government Efficiency (DOGE) has accessed U.S. Department of Housing and Urban Development (HUD) confidential data related to housing discrimination, according to a report from non-profit investigative journalism outlet ProPublica.ProPublica said its findings are based on i

When reverse mortgage professionals from Australia and New Zealand made the long journey to San Diego last year to attend the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo, they were ready to learn about the core differences between the businesses in a different part

President Donald Trump is floating the idea of a $5,000-per-household stimulus check, dubbed a “DOGE dividend,” which Trump explained would come from taking 20% of the savings identified by the Elon Musk-led U.S. DOGE Service.The idea, which stemmed from Azoria investment firm CEO James Fishback on

Buyers, sellers and practitioners in the housing market pay close attention to the headlines that emerge from various changes in market activity, and sometimes those headlines can lead to fear. That fear trickles through to homebuyers and sellers, often leading them to stay on the sidelines.But payi

A majority of U.S. real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi.The findings indicate strong confidence in the rental housing market, with landlords

Online marketplace Pacaso this week announced a partnership with The Agency to expand luxury home access in several markets.The deal will allow The Agency to offer Pacaso’s luxury home listings in all of its markets. The Agency currently operates in the U.S., Canada, Mexico, Europe, the Caribbean an

Bill Pulte, the Trump administration’s nominee to run the Federal Housing Finance Agency (FHFA), has a wide array of investments with a value north of $190 million, including holdings in rental properties, HVAC firms, entertainment companies and Elon Musk’s X.That’s according to financial disclosure

Fannie Mae on Tuesday announced the results of its 2024 Servicer Total Achievement and Rewards (STAR) program, recognizing 29 mortgage servicers for “competency, capability, and overall performance.”“Our servicers continue to show their commitment to operational excellence while reducing credit loss

Online property marketplace and real estate technology company Offerpad Solutions Inc. reported a net loss of $17.3 million in the fourth quarter of 2024, which was up 12% from the $15.4 million loss it sustained in the final quarter of 2023.Its full year 2024 net loss totaled $62.2 million, which w

Chicago-based Maverick Systems is rapidly expanding its real estate data analytics platform nationwide, offering brokerages a new tool in the competitive landscape for experienced agents.The company is currently profiling about 200,000 real estate agents across the U.S. It focuses on eight key Multi

The reverse mortgage industry in 2025 could be defined by two key developments: continuing efforts to establish partnerships with the forward mortgage industry, as well as the development of proprietary reverse mortgage products that could be the “future” of the industry.This is according to an inte