Amid escalating climate concerns, Realtor.com has launched enhanced tools to help homebuyers and sellers evaluate the climate risk exposure of a property, according to a company announcement on Wednesday. Realtor.com is leveraging data from First Street, a climate technology company, and will offer

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side, but it still sustained a loss.After its acquisition last year of Cherry Creek Mortgage, Gui

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive

Beverly Hills celebrity agent Josh Flagg made the leap to Compass, the company announced on Tuesday. Since 2021, Flagg was affiliated with Douglas Elliman. He will now work from Compass’ Beverly Hills office.“We’re excited to officially welcome Josh to Compass,” founder and CEO Robert Reffkin said i

United Wholesale Mortgage (UWM) will begin to cover the upfront cost of hard credit report pulls for its broker partners as it aims to expand market share.The new initiative will ease the impact of out-of-pocket expenses for mortgage brokers after the costs for credit reports increased this year, th

The U.S. Department of Housing and Urban Development (HUD) signed onto an international climate declaration, described as “a foundational document for international cooperation that will enable progress towards a rapid, fair, and effective transition of the building sector to zero emissions,” accord

The CPI report came out Tuesday, and the headline number showed a 12-month inflation of 3.2%. The running average of CPI going back to 1914 has been 3.3%. So, what should we take away from this number, seeing that market participants are still worried about 1970s inflation and some don’t want to see

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. It wasn’t enough to bring the California-based lender company profitability, but it narrowed its losses. Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its system

San Diego-based lender Guild Mortgage lost money in 2023 but grew its market share through a focus on purchase mortgage originations, it reported in an earnings call on Tuesday.Similar to other major lenders, the purchase-focused Guild — which operates via a distributed retail model — reported a net

The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate, outlining the priorities of the administration in providing a budgetary blueprint for the entirety of the U.S. federal government.Within the congressional justifications for the U

PureWest Christie’s International Real Estate, a Montana-based real estate brokerage, is expanding into northern Idaho, the firm announced on Tuesday. The brokerage, which is a longtime affiliate of Christie’s International Real Estate, is the largest independently owned brokerage in Montana. PureWe

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market.This is acc

The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday.Fitch expects additional consolidation in the industry as

If a couple decides to dissolve their marriage, something that is often described as a “third character” in the proceedings is the couples’ home. Finding a way to divide a home can be financially and emotionally fraught. And it often takes on more significance than other items due to the home typica

In anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week.HousingWire’s Mortgage Rate Center showed the average 30-year fixed rate for conventional loans at 7.08% on Tuesday, down from 7.17% one week earlier. At the same time one year ago, the 30-year fixed rate aver

A little over a month after formally relaunching homebuyer refunds under its Sign & Save program, Redfin announced that Sign & Save is now available to clients nationwide.In an announcement on Tuesday, the brokerage noted that it had expanded the program to more than a dozen additional markets, incl

I have been in the mortgage industry for more than two decades and have been working with reverse mortgages for about 12 of those years. Working in this space for so long, I thought I knew the ins and outs of a reverse mortgage, but it wasn’t until I experienced one firsthand that some things really

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The suspicion was that there were a bunch of sellers who were waiting to sell:

Broker Kathy Kaye and agent Lorraine Baker joined Coldwell Banker Warburg, a New York City-based real estate brokerage, the company announced last week.Before joining Coldwell Banker, Kaye was affiliated with Compass for about five years, while Baker came from Douglas Elliman, where she worked for t

Keller Williams announced major changes to its C-Suite on Monday. Marc King has stepped down as the president of Keller Williams, effective immediately. Mark Willis who was named CEO of Keller Williams in November, is now also serving as the firm’s president. According to the annoucment, King, who h