• Tidalwave announces new hires to lead mortgage technology sales

    Tidalwave announces new hires to lead mortgage technology sales,Neil Pierson

    Tidalwave, a mortgage technology startup that’s integrated with Fannie Mae and Freddie Mac, announced Monday that it has hired a pair of industry veterans to bolster its sales team.John Stephenson has joined Tidalwave as its head of national sales, while Frank Pastirchak is the company’s new account

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  • Rocket lays off 2% of workforce after closing Redfin acquisition

    Rocket lays off 2% of workforce after closing Redfin acquisition,Flávia Furlan Nunes

    Detroit-based Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion all-stock acquisition of real estate brokerage Redfin. The cuts affected roughly 2% of the firm’s workforce.“Following the Redfin acquisition, we carefully reviewed our combined st

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  • Two Idaho brokerages, agents named in RICO suit

    Two Idaho brokerages, agents named in RICO suit,Brooklee Han

    Real estate agents at two Bonner County, Idaho-based brokerages are facing charges of breaching fiduciary duty and engaging in a racketeering scheme with developers to sell defective homes. The suit was filed on Friday in U.S. District Court in Boise by plaintiffs David and Linda Wittwer, The Wittwe

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  • For sale signs multiply: Inventory hits 5-year high, price cuts surge

    For sale signs multiply: Inventory hits 5-year high, price cuts surge,
  • Mortgage spreads are almost back to normal

    Mortgage spreads are almost back to normal,Logan Mohtashami

    In a week marked by discussions of the potential firing of Federal Reserve Chair Jerome Powell and inflation data, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.Mortgage spreads have improved significantly since 2023, leaving us just 0.49% from normal levels, ba

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  • Tech Pulse: Realtor.com acquires Zenlist; Zillow unveils new tools

    Tech Pulse: Realtor.com acquires Zenlist; Zillow unveils new tools,Jonathan Delozier

    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:Realtor.com parent Move acquires ZenlistRealtor.com parent Move Inc. has acquired Zenlist,

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  • Rayse expands platform with new home seller tools

    Rayse expands platform with new home seller tools,Jonathan Delozier

    Real estate technology company Rayse has launched a seller-focused module aimed at helping listing agents provide clearer communication and real-time updates to clients throughout the sales process.The new tool is the company’s first major product expansion since its 2024 launch. Originally focused

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  • RealPage acquires Livble, expanding rent payment options

    RealPage acquires Livble, expanding rent payment options,Jonathan Delozier

    Property management software company RealPage has acquired Livble, a flexible rent payment provider, in a move that expands RealPage’s reach into financial tools for renters and property managers. Financial terms of the deal were not disclosed.The deal brings Livble’s installment-based rent payment

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  • Single-family construction is getting worse due to rates

    Single-family construction is getting worse due to rates,Logan Mohtashami

    Today’s housing starts report from the Census Bureau shows that Federal Reserve policy remains too restrictive for housing production to grow, which in the long run impacts the fight against inflation. This is why the data on single-family construction is not improving; in fact, it is getting worse.

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  • 3 charts that show why renters struggle to become homeowners

    3 charts that show why renters struggle to become homeowners,Jeff Andrews

    Record-high home prices and persistently elevated mortgage rates have made the housing market difficult for homebuyers and the industry alike — and not even this year’s significant growth in supply seems to be helping.It’s been particularly difficult for prospective buyers who are currently renters,

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  • Better Homes and Gardens Real Estate adds Tennessee affiliate

    Better Homes and Gardens Real Estate adds Tennessee affiliate,Jonathan Delozier

    A west Tennessee firm has joined the Better Homes and Gardens Real Estate network — marking the brand’s continued expansion in the region.Conner Real Estate LLC, founded in 2011 by Joey Conner, is now operating under the name Better Homes and Gardens Real Estate Conner.The firm serves a wide swath o

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  • Younger homebuyers turn to social media, AI and each other

    Younger homebuyers turn to social media, AI and each other,Jonathan Delozier

    Faced with high housing costs, economic instability and declining trust in traditional lending institutions, younger generations are redefining how they approach homeownership.A newly released NextGen Homebuyer Report — compiled by National Mortgage Insurance and financial literacy nonprofit FirstHo

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  • Which is better for mortgage — FICO or VantageScore?

    Which is better for mortgage — FICO or VantageScore?,Flávia Furlan Nunes

    VantageScore and FICO have escalated their rivalry in the mortgage space following the Federal Housing Finance Agency’s (FHFA) decision to allow Fannie Mae and Freddie Mac to purchase loans underwritten with VantageScore 4.0 as an alternative to the Classic FICO score. Both companies published analy

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  • Mutual of Omaha expands proprietary reverse mortgage offering to more states

    Mutual of Omaha expands proprietary reverse mortgage offering to more states,Neil Pierson

    After launching a new proprietary loan product this spring, one of the nation’s leading reverse mortgage lenders has expanded the offering this week to more states.Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and

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  • Homebuilding declines are deepening as headwinds get stronger

    Homebuilding declines are deepening as headwinds get stronger,Jeff Andrews

    New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it.According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This

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  • Judge dismisses Maryland appraisal discrimination case and defamation countersuit

    Judge dismisses Maryland appraisal discrimination case and defamation countersuit,Jeff Andrews

    A federal judge has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit that garnered national attention when it was filed in 2022.Nathan Connolly and Shani Mott — Maryland homeowners who are Black — sued appraiser Shane Lanham, his company 20/20 Valuati

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  • Real Brokerage adds Coastline, a top San Diego team

    Real Brokerage adds Coastline, a top San Diego team,Jonathan Delozier

    Coastline Real Estate Group, a 13-agent real estate team based in San Diego County, California, has joined The Real Brokerage.The team is led by Raymond Fraser and Shaylie Gilliland, who previously worked together on one of California’s top-ranked real estate teams.Since founding Coastline in late 2

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  • Realtors Relief Foundation sends $500K to Texas flood victims

    Realtors Relief Foundation sends $500K to Texas flood victims,Jonathan Delozier

    The nonprofit Realtors Relief Foundation (RRF) has allocated $500,000 to assist residents in south central Texas following recent floods that took the lives of more than 130 people and displaced families across the region.The funding — distributed through Texas Realtors and eight local associations

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  • Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

    Phillip Cantrell’s book offers blueprint for real estate entrepreneurship,Jonathan Delozier

    Veteran entrepreneur Phillip Cantrell distills four decades of hard-won business wisdom into his newly released book, “Failing My Way to Success: Lessons from 42 Years of Winning (and Losing) in Business,” which officially launched July 15.The founder and CEO of Benchmark Realty — who sold the compa

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  • Logan Finance promotes Dave Weatherford to TPO executive role

    Logan Finance promotes Dave Weatherford to TPO executive role,Sarah Wolak

    Nonqualified mortgage (non-QM) lender Logan Finance Corp. on Thursday announced the promotion of Dave Weatherford to Executive Vice President of TPO Production, effective immediately.The promotion follows Logan Finance’s launch of its new Open Road product series, announced in June. The series, whic

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