Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study

Go Mortgage‘s majority owner and CEO Michael Isaacs have parted ways, sources told HousingWire this week.Staff at the Ohio-based retail lender were told on Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell had named himself as interim CEO. The departure was a mutual decisio

Housing inventory growth is starting to stall, despite elevated mortgage rates. As new listings begin their seasonal decline, we might have already reached our peak percentage growth rate for 2025. The recent stalling has already gradually reduced the year-over-year growth percentage by a slight amo

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:Senate Democrats press FHFA on crypto use in mortgagesFive Senate Democrats are urging caut

The Lower Sioux Indian Community in Morton, Minnesota, has become the first in the country to create a fully vertically integrated “seed-to-wall” program using industrial hemp — addressing a critical shortage of affordable housing on its reservation.Prompted by U.S. Census Bureau data indicating the

The Senate Banking Committee will hold its first bipartisan housing markup in more than a decade, Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) announced Thursday evening.The executive session, which will involve the consideration of the ROAD to Housing Act of 2025, will

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media po

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday.The findings reveal a marked departure from previous years’ demand-driven trends, with both

Nearly two-thirds of retirees are dissatisfied with Social Security benefits, according to a new survey conducted by The Senior Citizens League (TSCL).The average monthly Social Security check reached north of $2,000 this year, according to the survey, with just 10% of the 1,920 respondents saying t

Nearly two dozen members of Congress recently sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), that supports his decision to accept VantageScore 4.0 credit scores for mortgages purchased by Fannie Mae and Freddie Mac.The lawmakers, led by Rep. Mike Flood (R-Neb.),

Another merger and acquisition deal has hit the housing industry. Real estate and mortgage intelligence provider InGenius announced Wednesday that it has acquired SIMPL, a recruitment platform designed to support retail mortgage branch managers, and it has incorporate it into its existing data tools

The National Association of Realtors (NAR) has named Leslie Nettleford-Freeman as its new associate general counsel and vice president of legal affairs and brand protection. In her newly created role, she will focus on strengthening the organization’s trademark defense and intellectual property stra

Barry Habib, the founder and CEO of MBS Highway and a go-to source for mortgage industry predictions, has been named to Fannie Mae‘s board of directors.A recent filing with the Securities Exchange Commission (SEC) confirmed that Habib had been appointed to the board effective July 21. “The appointme

Century 21 Real Estate has added a new affiliate in the Baltimore area. Advance Realty Bel Air is now operating as Century 21 Advance Realty.Founded in 2005 by Terry Berkeridge, the brokerage was acquired in 2020 by Patrick Campbell, who originally joined the company in 2009. Campbell, a longtime sa

MoxiWorks has promoted Dave Greenbaum to chief customer officer, a newly established executive role that will oversee the companyh’s customer experience strategy.Greenbaum, who previously served as vice president of customer engagement, will report to CEO Eric Elfman.His expanded responsibilities in

Lamacchia Realty has opened its first Rhode Island office following the acquisition of Tirrell Realty, a longstanding brokerage based in Riverside, Rhode Island.The deal marks Lamacchia‘s 11th acquisition in New England over the past two years and expands its footprint in the Providence-area housing

In today’s report, new home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased, which explains why residential construction is in a recession. However, today’s data doesn’t indicate a crash in new home sales. Instead, it highlights my conce

Texas-based Goosehead Insurance and Baird & Warner Real Estate have launched a new franchise partnership that will embed home insurance options directly into the real estate transaction process.The venture — named Adaptive Insurance Agency — offers homebuyers access to a broad selection of insurance

On Wednesday, Reverse Mortgage Daily (RMD) brought you a ranking of the top five reverse mortgage loan originators in America. Today, we’ll round out the rest of the top 10 based on data from mortgage recruiting software provider Modex.#6: Jacob Flax, Caliver Beach Mortgage, $76.17 millionThe third

U.S. homeowners earned a median profit of 50% on home sales in the second quarter of 2025, according to an ATTOM analysis released this week.That figure marked a slight uptick from the 48.9% figure in the first quarter, but it was down from 55.6% during the second quarter of last year.Median home sa