The Masiello copycat commission lawsuit plaintiff and Realty ONE Group Arizona have filed a joint motion to dismiss the brokerage defendant from the suit with prejudice. The motion was filed on Thursday in U.S. District Court in Phoenix.According to the motion, the desire to dismiss the suit comes f

The New York City Council this week narrowly passed a housing plan backed by Mayor Eric Adams (D) known as “City of Yes,” which calls for the construction of 82,000 new homes over the next 15 years in the Big Apple. The passage of the plan has been characterized as some of the city’s most significan

Real estate agents are no strangers to going out of their way to help their local communities. According to the National Association of Realtors’ (NAR) Community Aid and Real Estate (CARE) Report published in May, nearly 70% of all NAR members reported that they volunteered at least eight hours a mo

The Federal Housing Administration (FHA) on Friday announced two new key responses to its ongoing disaster recovery efforts in the wake of an accelerating trend of extreme weather events. These include an extension of a foreclosure moratorium for victims of hurricanes Helene and Milton, as well as a

Real estate agents often make the mistake of believing their clients will remember them forever — but they don’t. It’s up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active

Brokerage giant eXp Realty is adding a superstar agent to its ranks. The company announced the recruitment of Phoenix-based agent Joshua Smith, a high producer who closed 297 transactions in 2023. Smith is the latest addition to eXp Realty’s expanding global agent network. According to the brokerage

Sam Valverde, who stepped down as acting president of Ginnie Mae on Nov. 30, will join Freddie Mac as vice president of mission and community engagement in the government-sponsored enterprise’s single-family acquisitions division. The move is effective Monday.With more than 20 years of experience in

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Are you looking to add a dose of inspiration, humor and expertise to your Instagram feed? From luxury property tours to laugh-out-loud real estate memes, the

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.For decades, referrals have been the backbone of a real estate agent’s business. But in an era where nearly everything begins with a Google search, the way b

Home Equity Conversion Mortgage (HECM) endorsements continued to decline in the 2024 fiscal year from a recent peak observed in 2022, while the HECM line of credit continued its dominance as a payment option. Single women were the single largest cohort served by the HECM program.This is according to

In this week’s episode of the Power House podcast, Mr. Cooper CEO Jay Bray joins HousingWire president Diego Sanchez for a conversation centered on balanced servicing and origination activities in the mortgage space.The duo explore Mr. Cooper’s growth initiatives, artificial intelligence (AI) usage

Even in a divided Congress, there is bipartisan support for learning more about how artificial intelligence, and especially gen AI, is being leveraged in the housing and banking industries. Two bipartisan measures introduced this week would address concerns about how banks use AI in property valuati

A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.By

Compass created quite the buzz earlier this week when it announced its acquisition of Christie’s International Real Estate and @properties for a total of $444 million in cash and stocks. But executives say this move should not have come as a surprise.“Robert [Reffkin] and Kalani [Reelitz] have share

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Tech100 Award are open now through December 16, 2024. Click here to nominate a tech organization.The mortgage and real

Highlands Residential Mortgage announced that Daniel McCoy is joining the company as a regional construction loan manager for the Southeast. Daniel McCoyMcCoy leads the construction-focused McCoy Mortgage Team, which has previously affiliated with companies like MVB Mortgage, Intercoastal Mortgage a

President-elect Donald Trump and Republican Party critics of the Federal Reserve may not be aligned on what they see as key priorities for reforming the central bank. Trump has previously said that he wants more influence over its practices, but lawmakers may want the opposite, according to a report

Recruitment efforts have been a mainstay of The Real Brokerage‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation.Real announced Wednesday the affiliation of ROVI Homes, a brokerage operating in the New England states of Massachusetts, C

People wanting to know what to expect from the 2025 housing market have no shortage of economic forecasts from companies in the real estate industry to thumb through.Redfin economists Daryl Fairweather and Chen Zhao are the latest to weigh in. They project home prices to rise by 4% over the course o