NRMLA announces 2025 western, annual meeting details

Less than two weeks ahead of its first in-person meeting of the year, the premiere trade association for the reverse mortgage industry has announced preliminary details for both its upcoming regional meeting and its annual meeting and expo slated for later this year.The National Reverse Mortgage Len
Read MoreThe typical homeowner saw their property tax bill rise 2.7% last year

Property tax collections on U.S. single-family homes fell slightly in 2024 despite continued growth in home values, according to an analysis released Thursday by ATTOM.The report, based on tax data from nearly 86 million homes nationwide, found that $357.5 billion in property taxes were levied in 20
Read MoreDOGE activities at NeighborWorks America sparks NHC call to action

As the Trump administration’s federal cost-cutting effort reportedly turns its attention to a congressionally chartered community development organization, one of the nation’s largest housing groups is sounding the alarm and calling for action.A bulletin issued Friday by the National Housing Confere
Read MoreWith CFPB gutted, what’s next for mortgage compliance?

Mortgage lenders shouldn’t interpret the downsizing of the Consumer Financial Protection Bureau (CFPB) as a green light to ease compliance, despite potential mass layoffs and a shift in priorities, industry experts told HousingWire.As part of the Trump administration’s latest moves, more than 1,400
Read MoreGlobal title insurance market set for steady growth

The title insurance industry is on track for steady expansion over the next decade, driven by surging real estate activity, advancing technology and tightening regulatory frameworks.According to Market Research Future (MRF), the title insurance market is expected to grow from $4.15 billion in 2025 t
Read MoreHUD’s green retrofit program funds must be unfrozen, judge rules

Following a move by the Trump administration to axe a property retrofit program that prioritized green energy and climate resilience, a federal judge has ruled that its funding must be unfrozen and resumed.In a bulletin published this week, nonprofit aging services association LeadingAge detailed th
Read MoreChris Kelly shares his goals as he takes the helm at HomeServices of America

HomeServices of America may have a new president and CEO in Chris Kelly, but Kelly is anything but a stranger to the firm. Kelly joined the HomeServices of America family in 2007, serving as the chief administrative and legal officer for HomeServices affiliate ReeceNichols Real Estate for nearly 11
Read MoreHome values flatten as sellers outnumber buyers

BofA, Citi warn of slower growth ahead as mortgage business softens

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week.Mortgage volumes at BofA and Citi, which were attributed to seasonal trends and rising i
Read MoreHomeServices of America names Chris Kelly CEO, replacing Blefari

Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five years, is stepping down from the role and transitioning into the
Read MoreHow real estate brokerage stocks have fared since ‘Liberation Day’
High mortgage rates, low inventory and stagnant demand have made life difficult for real estate brokerages in recent years, and President Donald Trump’s tariff policy isn’t helping.The massive scale and scope of Trump’s new global tariff regime shocked the stock market, shot the dollar downward and
Read MoreHeirs’ attempt to reopen HECM foreclosure fails in Connecticut

The family of a deceased reverse mortgage borrower in Connecticut, who sought to reopen a case involving the foreclosure of their relative’s home after her death, have been denied a motion to reopen the case after a judge found that standard procedures were followed.This is according to court docume
Read MoreFirstTeam begins national expansion, introduces new agent compensation plan

FirstTeam, an independent real estate brokerage based in Southern California, has begun its national expansion by opening new offices in Idaho and Washington, with plans to establish operations in Arizona, Nevada, and Oregon.Founded in 1976, FirstTeam operates more than 46 offices with 2,200-plus sa
Read MoreHomeowners have a collective $700B in ‘trapped’ equity

More than $700 billion in home equity is effectively “trapped” and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This information comes from an economic analysis published last w
Read MoreRealReports partners with MLS Now, expanding access to AI property tool

RealReports, a property data technology firm, has entered into a partnership with MLS Now, Ohio’s largest MLS, to provide its artificial intelligence (AI)-driven real estate platform to more than 14,000 agents across Ohio and West Virginia.The collaboration gives MLS Now members access to RealReport
Read MoreBlend, Alloy expand fraud prevention partnership

Digital banking solutions company Blend Labs Inc. on Tuesday announced an expanded partnership with Alloy, an identity and fraud prevention platform provider.As part of the new agreement, Blend customers can now incorporate Alloy’s identity and fraud prevention capabilities into their consumer banki
Read MoreFBI warns of home title theft surge

The Boston division of the FBI is sounding the alarm over a rise in home title theft, aka quit claim deed fraud, a scheme in which scammers forge documents to steal property ownership and cash in on unsuspecting homeowners.“Folks across the region are having their roots literally pulled out from und
Read MoreZillow's listing performance feature gives agents deeper market insights sellers value

Homes.com’s Andy Florance hits back at Zillow

The battle over Clear Cooperation, delayed listings, and private networks is reaching a boiling point—and the portals are right in the crossfire. CoStar CEO Andy Florance is the next leader to speak out after Zillow announced that beginning in May, any property publicly marketed must be entered into
Read MoreDid recent wild mortgage rate swings impact housing data?
Last week, the financial markets reminded us of their dynamism as the 10-year yield rose sharply, pushing mortgage rates higher, but did it impact the housing market data? We’ve witnessed a solid year with purchase application data and our pending home sales contract data has shown year-over-year gr
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