New California wildfire homeowner assistance program includes reverse mortgages

As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost.California Gov. Gavin Newsom (D) on Thursday announ
Read MoreFormer Douglas Elliman agent withdraws lawsuit that sought unpaid commissions

A former Douglas Elliman agent has withdrawn a lawsuit that sought to recoup $1.6 million in clawbacks from deals that closed after she left the brokerage.New York and Miami agent Holly Parker claimed she’s owed commissions on deals that were pending following her exit from Douglas Elliman. In the w
Read MoreIn California, a local senior advocacy group continues under shadow of federal cuts

Since January, federal funding cuts have struck far and wide across a number of local, state and federal programs that tackle a variety of issues. And while the local “Choice in Aging” program in Contra Costa County, California, would be directly impacted if cuts happen, that’s not stopping people t
Read MoreWhy 3,700 top teams call Keller Williams home

While the nation’s top real estate teams are found at a variety of brokerages, one brand dominated the 2025 RealTrends Verified Rankings. With more than 3,700 teams in this year’s RealTrends rankings, Keller Williams leads all other firms by a wide margin. Leaders of top teams at Keller Williams bel
Read MoreSenators call on Pulte to pause GSE privatization plans

A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conser
Read MoreHUD plans new time limits, work requirements for rental aid: report

The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR.The document report
Read MoreWhy Friday’s jobs report won’t compel Powell to cut rates
Will Friday’s jobs report compel Federal Reserve Chairman Jerome Powell to cut rates by 1%, as President Trump suggested on social media today? The answer is no. While the labor market is showing signs of cooling and there are some indications of stress in certain sectors of the economy, today’s rep
Read MoreHow the Trump/Musk dispute could influence mortgage rates

Today marked a significant development in the ongoing dialogue between President Trump and Elon Musk, as their relationship appears to have reached a critical point of conflict. The question for those in housing is: How could this impact mortgage rates moving forward? The 10-year yield saw a slight
Read MoreZillow: Luxury housing market slowed in April

The luxury housing market lost momentum in April as financial uncertainty prompted many high-end buyers and sellers to hold off on transactions, according to a new report from Zillow.Defined as the top 5% of home values in each region, the typical luxury home in the U.S. is now valued at about $1.8
Read MoreLegal fight between Longbridge and Mutual of Omaha continues

In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement. That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Dail
Read MoreJustin Ishbia strikes deal to buy Chicago White Sox

Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday.This would give the Ishbia family ownership of a second major professional s
Read MoreHow can senior living challenge aging in place preferences?

As it has grown more popular for older people to choose to age in place in their existing homes, this has become a challenge for the senior living industry. While dedicated senior living facilities can offer a sense of community and enticing amenities, the cost may often be out of reach for many pot
Read MoreDemocrats put housing front and center in NYC mayoral debate

With the next race for the mayor of America’s largest city in full swing — and as a city that has consistently elected Democrats for the position for much of the past century — the first Democratic primary debate for the 2025 election was rife with attacks and sweeping policy promises.Nine candidate
Read MoreThe 5 best mortgage loan originator (MLO) license courses for 2025

Before you’re allowed to help people finance their dream homes, you must get the proper education to obtain your MLO license. Online mortgage schools have made it easier to complete your education requirements, you just have to decide the best option for you. It’s important to consider your own lear
Read MoreBlue Sage Solutions adds rent payment data to Freddie Mac mortgage assessments

Blue Sage Solutions has integrated Freddie Mac’s new policy on positive rental payment history into its digital lending platform, allowing lenders to factor on-time rent payments into mortgage applications.The change comes as part of a broader effort to expand access to homeownership, particularly f
Read MoreSeparating fact from fiction five years after the ‘flight to the suburbs’
The onset of COVID-19 pandemic in March 2020 set off a wave of domestic migration that reoriented housing markets across the country, turning some metro areas into boomtowns and sinking a number of others.The prevailing narrative around this phenomenon took on a life of its own — a mass exodus from
Read MoreLuxury housing market loses spring momentum

Goby Homes launches property transaction platform, founder honored by NAR

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings.That announcement coincided with the National Association of
Read MoreTop-producing California agent joins eXp Realty

Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced Tuesday.Zerbi, a veteran agent with nearly a decade of experience, brings a strong sales record to the bro
Read MoreHome-price growth at decade low, Florida markets lead declines

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality.Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer dem
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