The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table, which would align mortgage borrowers and originators in their understanding of how much is owed on a partial claim.Partial claims are designed to offer assistance to mo

Realtor.com has hired an experienced entrepreneur for its marketing team, as Christine Jacobson has joined the company as senior vice president of B2B marketing.“We’re thrilled to welcome Christine to the Realtor.com team,” Mickey Neuberger, the company’s chief marketing officer, said in a statement

Terrie Suit, who served as CEO of Virginia Realtors for the past 11 years, has announced her retirement, according to a company announcement on Friday.Virginia Realtors, which has a membership base of 38,000, named Martin K. Johnson as its interim CEO. Johnson has previously served as its senior vic

Buffalo, New York-based mortgage technology firm LenderLogix, a top provider of point-of-sale (POS) and automation software for independent mortgage banks, commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive.Head will be responsibl

Ryan Serhant and his brokerage SERHANT. are riding a sugar high thanks to the success of “Owning Manhattan,” the Netflix show that followed Serhant and his agents around New York as they shopped some of the priciest properties in the city. The show has been renewed for a second season and Serhant sa

Allies of former President Donald Trump are developing plans to move government-sponsored enterprises Fannie Mae and Freddie Mac out of federal conservatorship, a long-sought goal of certain politicians and a move that would have a notable impact on the mortgage finance industry. The news was first

The parties involved in a lawsuit between Texas Capital Bank (TCB), the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) have been advised to be ready for a trial in September 2025. This is

Charlotte, North Carolina, has emerged as a major player in the Southeast U.S. real estate scene with its rapid growth and increasing appeal to homebuyers. While it hasn’t reached the trillion-dollar mark in residential real estate value held by cities like New York and Chicago, Charlotte’s market h

Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within t

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season.That’s according to a Zillow report released Thursday in which the Seattle-based real estate company said that “lower mortgag

Compass is adding a new team to its Dallas roster. The real estate brokerage announced this week that the B-W Group is joining up and will operate out of its Park Cities office. The group reportedly tallied $56.8 million in sales volume in 2023. It is led by the mother-daughter team of Michele Balad

Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday.T

The Consumer Financial Protection Bureau (CFPB) has ordered TD Bank to pay $28 million for illegal actions that could tarnish consumer credit reports and for not taking timely action to correct its errors.The CFPB’s investigation found that for several years, TD Bank repeatedly gave inaccurate accou

In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession, mortgage rates and housing affordability issues that persis

First launched in April of 2020, the Pass-Through Assistance Program (PTAP) was an important initiative designed to provide mortgage servicers with the liquidity needed to endure the financial challenges due to the COVID-19 pandemic. As millions of borrowers struggled to meet their mortgage payments

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. In an email to partners on Tuesday, ICE said that it will be closing down the Encompass

Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to send pre-validated refinance opportunities.Dubbed “KEEP,” the system identifies borrowers who can save on their monthly mortgage payments and will automatically communicat

On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while HousingWire’s Mortgage Rates Center, which tracks actual loan lo

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced updates to its manufactured housing construction and safety standards, a move it called the most extensive such updates in three decades as the department seeks to modernize the features of these homes to drive demand.