Older Americans are apparently choosing to stay put in greater numbers despite the fewer restrictions on their time granted by retirement.Between 2023 and 2024, moving activity among retirees dropped by nearly one-quarter (23.8%), according to data from the U.S. Census Bureau that was compiled by mo

The Nunez Group, a real estate team with more than $123 million in sales last year, has officially joined Keller Williams City Views, the company’s Fort Lee, New Jersey-based market center.Founded by Oscar Nunez, The Nunez Group has been recognized for its focus on strategic investment opportunities

Federal Reserve Chair Jerome Powell has been tight-lipped about his interactions with President Donald Trump and the policies of the Trump administration. But that changed on Friday when Powell spoke publicly about the president’s global tariffs that were announced this week.At a conference in Arlin

Citing concerns about renovation needs, associated costs and even “ugliness,” the U.S. Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C., according to a recent report from Bloomberg.The Robert C. Weaver Fe

This week has presented a unique set of challenges for the markets, with jobs week coinciding with tariffs week, leading to significant headline events that have driven mortgage rates lower even with positive labor data. We’ve observed a notable decline in both stocks and bond yields this week. Impo

Kenneth DeGiorgio, CEO of First American Financial Corp., has been charged with assault following an altercation aboard a Virgin Voyages cruise ship, according to a criminal complaint filed by the FBI, which was first revealed by The Independent.The incident occurred on March 31 aboard the Resilient

President Donald Trump ended months of suspense on Wednesday by announcing his long-awaited new tariff regime, and the result is mixed for homebuilders.The good news is Trump didn’t place any new tariffs on goods from Canada or Mexico. He’s also allowing the one-month pause on tariffs for some goods

A lawsuit over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender has been brought to an end with a summary judgment, but the plaintiffs in the case have vowed to appeal the decision.The suit was filed by Texas Capital Bank (TCB) against Ginnie Mae in

Top-five reverse mortgage lender Finance of America (FOA) has enlisted creative advertising agency David&Goliath (D&G) to serve as its new creative agency of record (AOR), following a competitive process including several other candidate agencies.The company — which formally announced the arrangemen

Mark Fleming, chief economist at First American, argues that failing to account for the growing number of U.S. households gives a misleading impression of housing market strength.“If we look at existing-home sales as a percentage of the total number of households over time, we see that sales are dow

In a live-recorded episode of Power House at the Housing Economic Summit, HousingWire President Diego Sanchez sat down with Suzy Lindblom, chief operating officer at Sierra Pacific Mortgage, to explore the company’s growth strategy and how it’s navigating today’s lending environment.After consulting

The Department of Justice (DOJ) has a new principal deputy assistant attorney general, and he’ll be familiar to some real estate brokerage leaders (and NAR’s lawyers). The government announced the appointment of Roger Alford to this post earlier this month. Alford previously served as deputy assista

On April 1, 2022, the mortgage industry was on the wrong end of what felt like a very cruel April Fool’s joke. It was the day Fannie Mae and Freddie Mac instituted updated loan level pricing adjustments (LLPAs) that made second home and investor properties much more expensive.Nearly three years to t

Wednesday’s executive order by President Donald Trump to place a tariff on all foreign imports was a follow-up on repeated promises to enact global reciprocal tariffs. The so-called “Liberation Day” activity will have an outsized impact on the direction of mortgage rates and the U.S. economy.Earlier

Wednesday was a busy — and unusual — day for Brian Covey. He started it at Revolution Mortgage, where he’s been EVP of strategy and development since late 2022, and ended it at CrossCountry Mortgage.“What I’ve learned is, the most important thing is your vision and that your values align,” Covey sai

Liberation Day has finally arrived, and what a wild day it’s been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currentl

President Donald Trump followed through on months of threats to enact global “reciprocal” tariffs Wednesday afternoon by announcing an executive order that places a tariff on all foreign imports.Under Trump’s new tariff structure, there will be a baseline tariff of 10% on all imports, while many cou

What does UWM’s Mat Ishbia think about Rocket Companies‘ pending $9.4 billion deal for Mr. Cooper?“The truth is, it’s fantastic,” he said on a Wednesday morning sales call with broker partners. “Because sometimes if you think someone is someone, and you don’t really know, and then you see who they r

Luxury Presence has introduced Private Listings Hub, an invitation-only platform designed to help real estate agents promote off-market and pre-market listings with greater control and discretion.The platform allows agents to decide how and when to share listings, from limiting visibility to their b

Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer. Scarpati previously served as the company’s senior vice president of wholesale lending.Scarpati has served at FOA since 2010 in va