Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), described a need for more reverse mortgage comprehension during an interview at this year

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells.The technology companies will tether their respective services with the goal of streamlining the process of getting a home ready

Struggling fintech LoanSnap had its mortgage lender license in Connecticut revoked in early October by state authorities, adding to the company’s legal and financial problems.  The firm was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 20

The Real Brokerage’s explosive growth continues. The company has added the Grant Johnson Group, based in the Minneapolis area, bringing 55 agents to Real and pushing the brokerage’s total agent count past 22,000.“It’s fitting that a fast-growing team, focused on building a strong culture, has helped

Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. In response, some consumers have turned to renovation projects to meet their needs.According to survey data released this week by St. Louis-b

The National Association of Realtors has taken its fight with the Department of Justice to the Supreme Court.As it previously indicated it would, the National Association of Realtors (NAR) filed a writ of certiorari with the Supreme Court on Thursday. The trade group is asking the nation’s highest c

Social Security benefits and Supplemental Security Income (SSI) payments will rise by 2.5% in 2025, the lowest such increase since 2021. This reflects cooling levels of inflation after a period of historic increases, which pushed the cost-of-living adjustment (COLA) to its own heights during and aft

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Housing markets in the Southeast are reeling from a one-two punch of devastating hurricanes that are believed to have caused at least $100 billion in damage. The housing markets in Tampa, Florida, and Asheville, Nort

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced $3 million in new grants for North Carolina residents impacted by Hurricane Helene. But independent reporting has also detailed that the Federal Emergency Management Agency (FEMA) has nearly exhausted funding for the ne

In its race against other brokerages to add agents, eXp Realty has scored big in California.Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. Led by the wife-and-husband team of Angelica Galeana Yost and Robert Yost, the team serves the Sacramento and

“Rules of the Game,” a popular interactive session from past annual meetings of the National Reverse Mortgage Lenders Association (NRMLA), returned in 2024 to the San Diego event that took place at the end of September.Hosted by reverse mortgage educators Dan Hultquist and Jim McMinn, the pair aimed

A pair of top-producing agents are returning to Coldwell Banker Realty. On Wednesday, the brokerage announced that Leominster, Massachusetts-based Lynn Walsh and Charlotte-based Victoria Speer are coming back to the firm.Walsh departed Coldwell Banker Realty in April 2024 to join Lamacchia Realty, b

Homelessness is an escalating problem for the growing number of U.S. seniors, according to a new report from the Government Accountability Office (GAO) based on data from the U.S. Department of Housing and Urban Development (HUD).An estimated 138,000 older Americans — those 55 and older — experience

MIAC Analytics is marketing a large mortgage servicing rights portfolio on behalf of a lender with a big book of business in California. The portfolio consists of $292.91 million in Fannie Mae, Freddie Mac and Ginnie Mae servicing rights. The seller will be providing full representations and warrant

Heading into Aug. 17, when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation.What few actual

The home insurance marketplace has been facing a reckoning. The challenges that higher costs place on carriers, regulators, lenders and consumers has been well documented this year, and the acceleration of extreme weather events has only made things worse. The arrival of Hurricane Helene late last m

In its ongoing battle with CoStar, the parent company of Realtor.com is not giving up without a fight. Initially filed by Move Inc. in July, the lawsuit centers on James Kaminsky, a former Realtor.com employee who went to work at CoStar-backed Homes.com after being laid off by the Move subsidiary. I

After reaching their highest level since July 2022, mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry.According to weekly data released Wednesday by the Mortgage Bankers Association (MBA), applications shrank

If commission rates drop significantly as a result of the National Association of Realtors antitrust lawsuit settlement, it’s potentially an existential threat to many brokerages. But which ones and how many?Data from AccountTECH might bring us closer to an answer. Based on a sample of 100 brokerage

Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for other major players in the space. The government-owned company has long overseen the Home Equity Conversion Mortgag