South Florida boutique brokerage Galleria International Realty joins Compass

Compass’s market share in South Florida is growing. On Monday, Galleria International Realty announced that it is joining Compass. According to Compass, the Fort Lauderdale-based firm’s team has over 100 years of combined experience and has recorded over $2 billion in combined career sales. “Bring
Read MoreFormer economic leaders Cohn and Summers warn on U.S. fiscal path

Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Banker
Read MoreDown payments have leveled off as the housing market cools
Down payments stayed largely unchanged in the third quarter of 2025 as homebuyers balanced high prices with slowing demand, according to Realtor.com’s newest Down Payment Report. The typical down payment was $30,400 — about $500 more than the previous quarter and roughly flat from a year earlier. Bu
Read MoreHomeownership dreams clash with retirement goals for Millennial investors

A new study from the Nationwide Retirement Institute found that 58% of Millennial investors feel they have to choose between homeownership and retirement security as housing prices continue to rise faster than wages. “Millennials are navigating their prime earnings years in a financial landscape ma
Read MoreLower mortgage rates extend housing momentum into fall

If there’s a national housing emergency, let’s be honest about what It really means

The Trump administration has hinted at declaring a national housing emergency. Treasury Secretary Scott Bessent floated the idea, and President Trump confirmed it is under consideration. A “federal emergency” sounds dramatic and grabs headlines. But here’s the reality: declaring one might ease finan
Read MoreMBA forecasts $2.2T mortgage origination in 2026

The Mortgage Bankers Association (MBA) announced Sunday that it expects total single-family mortgage origination volume to increase to $2.2 trillion in 2026, up from $2.0 trillion expected in 2025. Speaking at its 2025 Annual Convention and Expo, Mike Fratantoni, chief economist and senior vice pres
Read MoreTammy Richards joins NEXA Lending as chief strategy officer

NEXA Lending is continuing to shake up its leadership by adding Tammy Richards to its team as chief strategy officer. The news follows several other leadership announcements for the Arizona-headquartered company. Most recently, NEXA announced a rebrand from NEXA Mortgage to NEXA Lending. Richards co
Read MoreRocket trims workforce after completing Mr. Cooper acquisition

Detroit-based Rocket Companies announced Friday that it has reduced its workforce following the completion of its acquisition of Mr. Cooper Group. The jobs cut will impact less than 1% of its employees. “Following the Mr. Cooper acquisition, we carefully reviewed our combined structure, identified o
Read MoreHousing demand now reflects a positive trend
Housing demand started to pick up more than three months ago and has stabilized the housing market. One reason many people are behind the curve on housing data is that they rely on outdated reports that are three to six months old. This is why it’s very critical to track weekly live fresh housing da
Read MoreTech Pulse: Are MLS policies built for the ChatGPT era?

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Are MLS policies built for the ChatGPT era? Zillow‘s integration with ChatGPT has ignited
Read MoreTransUnion cuts VantageScore 4.0 pricing for mortgage lenders

Credit bureau TransUnion has followed its peers in slashing prices for mortgage lenders that purchase VantageScore 4.0, responding to Fair Isaac Corp. (FICO)’s newly implemented pricing model.Starting in 2026, TransUnion will offer VantageScore 4.0 for $4 per score and provide it at no cost to lende
Read MoreGriffin Funding alleges West Capital Lending, former LOs diverted borrower leads

loanDepot wasn’t the first mortgage lender to accuse West Capital Lending (WCL) of engaging in unlawful business practices — allegations that have drawn renewed attention to the tensions between retail mortgage lenders and brokerages in California. The cases spotlight the transfer of leads and borro
Read MorePhoenix Suns ownership dispute involving UWM’s Ishbia resolved in court

The legal dispute over ownership and transparency of the NBA‘s Phoenix Suns has apparently come to an end as the parties have executed a stipulation of dismissal in the Delaware Court of Chancery, formally ending the lawsuit without a judge deciding the merits. The filing, submitted Friday, stipulat
Read MoreBig Sky Sotheby’s International Realty adds top Montana agents

Big Sky Sotheby’s International Realty has added two Montana real estate professionals. Agents Ania Bulis and Ashley Quande bring with them a combined career sales volume exceeding $3.5 billion. According to year-to-date figures, the team ranks No. 1 in both units and volume across the Big Sky MLS a
Read MoreSenior homeowner wealth hits new record high of $14.4 trillion

U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan.
Read MoreThe $79 trillion shift: How lost wages are fueling the housing crisis

For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wa
Read MoreMovement Mortgage completes tech overhaul, rolls out new LOS

Movement Mortgage said Friday that it has completed a three-year overhaul of its technology systems, culminating in the launch of its new loan origination system, MORE LOS. The rollout marks the final phase of Movement‘s initiative to modernize and merge the company’s core systems into a single plat
Read MoreHow can mortgage rates get to 5.75% by the end of the year?
The 10-year yield closed below 4% for the first time this year on Thursday, sending mortgage rates closer to year-to-date lows after a credit market scare. But this begs the question: have mortgage rates already priced in a lot of the economic news? Bond traders on Friday were less fearful of the Zi
Read MoreAmerican Pacific Mortgage names new CEO amid leadership transitions

American Pacific Mortgage (APM) announced on Friday a leadership transition as longtime chairman and former president and CEO Bill Lowman prepares to retire later this month after more than two decades with the company. “Words cannot express how impactful Bill’s leadership, guidance, and commitment
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