MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’

The dedicated reverse mortgage development workgroup inside the Mortgage Industry Standards Maintenance Organization (MISMO) has been working diligently for much of the past year to develop holistic support for reverse programs across new and existing MISMO subscribers. It’s also working to publish
Read MoreNAHB: Remodeling for aging in place fell in Q1 but receptivity remains high

Roughly 56% of professional home remodelers in the U.S. reported taking on projects to facilitate a customer’s aging-in-place goals, according to findings from the National Association of Home Builders‘ (NAHB) Q1 2025 Remodeling Market Index (RMI).The survey first added questions related to aging in
Read MoreTech Pulse: Fannie Mae targets fraud, DirectOffer launches AI assistant

Welcome to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate. Here’s what happened this week:Fannie Mae partners with Palantir to detect, prevent mortgage fraudFannie Mae has teamed up with Palantir Tech
Read MoreStudy suggests banks are avoiding mortgages in California wildfire zones

Following the wildfires that devastated the Los Angeles area at the start of the year, a new study has emerged that suggests banks with physical locations are less likely to extend mortgages to impacted residents, while online lenders are continuing to be active.First reported by the The Washington
Read MoreInflation is almost at 2%. Will that prompt a Fed rate cut?
The good news is the preferred measure of inflation for the Federal Reserve keeps trending downward. The bad news is that the economic backdrop that could lead to lower rates keeps getting more complicated.According to new data from the U.S. Bureau of Economic Analysis (BEA), the Personal Consumptio
Read MoreNew platform aims to ease California down payment burden

Zown, a real estate platform that offers upfront financial help to homebuyers, is expanding into California with a goal to ease the burden of down payments and elevated home prices.The service has launched in the Golden State after gaining traction in Canada, where it supported more than 250 homebuy
Read MoreSun Belt holds long-term housing edge even as pandemic boomtowns struggle

The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting.A surge in available homes is reshaping the market in regions that saw the fastest g
Read MoreHow Bill Pulte has reshaped FHFA and the GSEs

A key decision maker in the federal housing apparatus, the director of the Federal Housing Finance Agency (FHFA) oversees the regulator of the government-sponsored enterprises (GSEs) and the Federal Home Loan Banks.But Bill Pulte has been anything but a conventional FHFA director (pardon the term, s
Read MoreCompass updates seller disclosure form, clarifies off-MLS marketing

Compass has put forth a revised version of its seller disclosure form to clarify how its three-phase marketing strategy works — including when and how listings are shared with the public. The Compass 3-Phased Marketing Strategy Client Disclosure Form expands on a version first introduced in 2024.Upd
Read MoreTexas bill aimed at NAR speech code fails to advance

A Texas bill that aimed to prohibit professional and trade associations like the National Association of Realtors (NAR) from denying membership based on protected characteristics or what’s perceived to be free speech failed to advance in the state legislature Wednesday, according to Inman.Senate Bil
Read MoreDOJ withdraws objection to MLS PIN settlement, clearing the way for preliminary approval

The Department of Justice (DOJ) has withdrawn its objection to MLS Property Information Network (MLS PIN)’s preliminary settlement of the Nosalek commission lawsuit after the two sides negotiated amended terms.In a court filing on Thursday, MLS PIN and the plaintiffs disclosed that the former will p
Read MoreHUD OIG reveals ongoing reverse mortgage oversight priority

In compliance with a 1978 law that requires government agency watchdogs to provide semi-annual reports on their activities, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) published its report on Tuesday.While there were no new indications of scrutiny
Read MoreSERHANT. adds top agent in Florida expansion

SERHANT. has expanded its footprint to Palm Beach Island, Florida, with the addition of Gary Pohrer, a top-producing agent and longtime local resident.Pohrer, who has closed more than $2.5 billion in career sales, brings more than two decades of experience in the luxury real estate market. That incl
Read MoreNew Jersey seniors seek out home modifications to age in place

With aging-in-place preferences generally dominant among older Americans, some cities and states are putting these preferences into action by providing additional support for people who want to remain in their homes. In New Jersey, these can range from tax incentives and veterans benefits to Medicai
Read MorePhiladelphia lawmakers advance ordinance to speed affordable housing construction

In an effort to impact the housing supply crunch faced by the city of Philadelphia, municipal lawmakers have advanced legislation designed to speed the approval process for the production of affordable housing.The move, reported by Philadelphia-based NPR affiliate WHYY, represents a coordinated effo
Read MoreZillow: Northeast housing competition heats up while Sun Belt offers breathing room
As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow.The analysis released Thursday shows a stark contrast between markets. In cities like Buff
Read MoreWhiplash: As second court orders halt to tariffs, appeals court keeps them in place

Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authorit
Read MoreTrump to Powell: It’s a ‘mistake’ to not lower interest rates

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates.During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House
Read MorePotential homebuyers are waiting for prices to fall
Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report.Further analysis of the report, conducted by the Bank of America Institute, shows that three in
Read MoreSun Belt buyers hold the most power this spring

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