Appraisal Institute fires executive accused of sexual misconduct
The Appraisal Institute (AI) executive facing multiple allegations of sexual misconduct is no longer serving in his position.AI president Paula Konikoff announced on the trade group’s LinkedIn page Wednesday evening that Craig Steinley has been removed as AI’s vice president, stating that its board
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Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in. In a message posted on Truth Social Wednesday night, Trump said
Read More Where land-use regulations are driving up housing costs
President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review.Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. An
Read MoreTop Arizona real estate team with 53 agents joins eXp
Arizona real estate leader Scott Kumler and his team — The Kumler Group — have joined eXp Realty, leaving My Home Group after a high-performing 2024. The 53-member Phoenix Valley team closed more than $80 million in sales across 192 transactions last year, ranking among the top five teams at their f
Read MoreReverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP
Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. His arrival comes as GRA focuses on “strengthening its commitment” to the space and to “the senior borrow
Read MoreFraud, mismanagement led to millions in losses for Houston Housing Authority
As issues continue to persist across the country for local housing authorities, the situation in Houston has led to an investigation by prominent local media outlets and a commissioned report by outside legal counsel. The probe found that mismanagement of contractors and the submission of fraudulent
Read MoreColorado’s surging median age is attributed to aging in place
In an ongoing series of stories focused on the dynamics of Colorado’s aging population, the Colorado Sun previously detailed some of the ways that the state is confronting the “silver tsunami” of people growing older while needing sufficient services to accommodate their needs.While the state may no
Read MoreExtreme weather and high insurance costs pose foreclosure risk
The rising cost of homeowners’ insurance coupled with the rising regularity of weather-related natural disasters is serving to erode the longstanding barrier between mortgage lenders and loan losses, according to a new report published by First Street. As the frequency of disasters has risen — desta
Read MoreRural America isn’t immune to housing squeeze
Rural areas of the U.S. that have long been viewed as a refuge for affordable homeownership are now grappling with rising prices, limited inventory and increasing competition — pressures once thought unique to urban housing markets.“Even the term ‘affordable’ feels like a relic of the past,” said Ja
Read MoreThe Agency’s Rainy Hake Austin on leadership and AI integration
Rainy Hake Austin, president of The Agency, joined Tracey Velt on this week’s episode of the RealTrending podcast to discuss the evolving landscape of real estate leadership and operations.The Agency, which is ranked No. 13 by sales volume and is the fourth-largest largest privately held independent
Read MoreLongbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
Citing the desire among many older homeowners to leave their homes to members of their family, New Jersey-based reverse mortgage lender and servicer Longbridge Financial has announced a new proprietary reverse mortgage product that aims to help borrowers preserve home equity for their heirs.The late
Read MoreCompetition for HELOC business heats up as home equity grows
John Toohig stood at a podium as the moderator of a panel about home equity lines of credit (HELOCs) and asked an illustrative question of the audience of mortgage professionals.“How many of you have a mortgage first lien, 30-year with a 4% coupon or lower?” A majority raised their hands.“You are al
Read MoreNAR: Americans want a tax plan that supports the American dream
As Congress continues its effort to rewrite major portions of the tax code, the National Association of Realtors (NAR) unveiled new polling showing just what the American people are looking for in the legislation. The national survey shows overwhelming bipartisan support for tax provisions that stre
Read MoreFederal lands amendment draws bipartisan rebuke
As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united.Earlier this month, lawmakers in the House of Representatives’
Read MoreSidelined homebuyers see opportunity in a possible recession
As economic concerns grow, a new survey from Realtor.com shows that a significant share of prospective homebuyers may view a potential recession as an opportunity rather than a deterrent.According to the survey, 63.4% of respondents expect a recession within the next year, reflecting the highest lev
Read MoreMaryland-based Anchor Home joins Compass
Compass announced Monday that Anchor Home — a top-producing real estate team formerly known as Stahley Thompson Homes — has joined the firm’s office in Annapolis, Maryland.Led by broker Jennifer Chino, the Anchor Home team also includes Whitney Jerdal, Angela Hays and Ashley Earle. Collectively, the
Read MoreKind Lending appoints new SVP to drive retail sales in the West
Kind Lending today announced the appointment of Geri Farr as its senior vice president of West retail sales. Farr, who has over a decade of leadership in the mortgage industry, will focus on helping the company grow its expansion across the West and is tasked with strengthening teams and driving per
Read MoreVince Leisey named president of BHHS franchisor HSF Affiliates
There’s yet another new executive in the HomeServices of America ecosystem. Vince Leisey has been named the president of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS), which is the residential real estate franchise network owned by HomeServices of America.“Vince’s passion
Read MoreZillow will begin banning noncompliant listings on June 30
Zillow will begin a “phased rollout” of its listing access standards policy, which bans publicly marketed listings not entered into the MLS, on May 28. In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented. “Publicly market
Read MoreHouse passes bill to give VA borrowers a partial mortgage claim option
Following about 20 minutes of debate on the floor of the House of Representatives on Monday, H.R. 1815 — known as the V.A. Home Loan Program Reform Act — was passed by voice vote and will now be given to the Senate for additional debate.The passage by the House keeps the bill moving through the legi
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