Wilmington, North Carolina-based Cape Fear Realtors has appointed an interim CEO. Janet Kane will take the helm at the 3,500-member strong Realtor association starting on Jan. 2, 2024, according to an announcement on Thursday.“Engaging leadership, staff, and stakeholders and ensuring they feel suppo

Facing a challenging housing market can be daunting for agents and loan officers alike. As industry professionals grapple with uncertainties, market shifts and evolving dynamics, the key to thriving lies not only in adapting to change but also in embracing it as an opportunity for growth. I’ve seen

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market. The housing industry, including the secondary market it feeds, is still likely to be sluggish in 2024, with marginal improve

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced an investment of $173.9 million in loans and grants under the Green and Resilient Retrofit Program’s (GRRP) “comprehensive” and “elements” categories, designed to increase resilience against climate challenges and energ

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said.The national delinq

Dovenmuehle Mortgage, a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. The company has decided to cut 212 jobs in its Lake Zurich site starting on Feb. 16, 2024, per a Worker Adjustment and Retraining Notif

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022.The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac‘s Primary Mortg

HousingWire Editor in Chief Sarah Wheeler sat down with Kathryn Amor, senior vice president and head of enterprise products at Guaranteed Rate, to talk about the intersection of product and technology.Sarah Wheeler: You joined Guaranteed Rate in January of 2023. What drew you to that role?Kathryn Am

First American is the latest real estate firm to suffer a cybersecurity incident.Sources told HousingWire the incident occurred Wednesday afternoon, with First American confirming the incident Thursday morning.In a statement on the title company’s website it notes that First American has “taken cert

The U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme and made false statements targeting tens of thousands of Hispanic borrowers in Texas. That’s th

There’s no higher honor than serving in the United States Military, which I deeply understand as a former Army sergeant. And, like many of my fellow service members, I’ve experienced firsthand the sense of missing out on a significant benefit we’ve rightfully earned protecting our freedoms — the VA

It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. But there was a problem: pricing exceptions, in which the lender takes the hit, were becoming scarce

Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. However, this time around, the Federal Reserve rate hike cycle is over, and we don’t need to worry about Fed presidents going on C

Keller Williams (KW) has appointed Wendi Harrelson as president of KWRI-owned regions and John Clidy as vice president of growth, the company announced on Wednesday. The appointments were effective as of Dec. 12.“Well-known across our ecosystem as servant leaders, Wendi and John will act as growth p

The three remaining defendants in the Moehrl commission lawsuit filed a joint motion for summary judgement on Tuesday. The National Association of Realtors, Keller Williams and HomeServices of America, have asked judge Andrea Wood to rule on the suit based on the evidence that has been presented dur

Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably.Existing-home sales grew 0.8% in November from the prior month, reaching a seasonall

Title premium volume continued to drop during the third quarter of 2023, as limited housing supply and high interest rates took their toll on home sales.During the third quarter of 2023, the title industry generated $4.1 billion in title insurance premiums, down 24% year over year, according to the

Last week’s DataDigest offered readers a host of housing forecasts from industry experts at banks, trade associations and more, the thrust of which was housing professionals should expect a modestly better year of sales thanks to retreating mortgage rates in the year to come.A day after publication,

CoreLogic’s AutomatIQ Borrower Income Analysis solution is now integrated with Fannie Mae’s Income Calculator, the company announced last week.With this integration, mortgage lenders will be able to calculate borrowers’ income according to the standards described in Fannie Mae’s Selling Guide. Lende