A coalition of bicameral Democratic lawmakers in the Senate and House of Representatives have introduced a new bill on Monday that seeks to update the formula for determining the allocation of affordable housing vouchers to growing cities.Sen. Ruben Gallego (D-Ariz.), a member of the Senate Banking

As much of the nation continues to reckon with critical shortages to housing inventory that exacerbate affordability woes, housing advocates in California are seeking to exempt homebuilding projects in urban areas from being subjected to a key climate law that critics say has slowed construction.Las

Rocket Companies’ industry-shaking plan to acquire Mr. Cooper in a $9.4 billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75 billion.Rocket CEO Varun Krishna and Mr. Cooper CEO Jay Bray — who is slated to report to Krishna a

There are three big trends in the spring 2025 housing market:Supply continues to build. This is measurable in both the total unsold inventory and the number of new listings each week. Because each week we have 8–15% more sellers than last year, the total inventory will continue to build unless and u

Homeowner delinquency rates are rising from record low levels but aren’t even back to pre-COVID-19 levels yet. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. This situation has prompted me to write this article and bring some reality into t

Mortgage rates have been trending downward since Jan. 14, contrary to expectations surrounding the trade war and inflation concerns. This decline has positively impacted purchase application data, which is showing positive year-to-date data as we approach the end of March. As we anticipate what migh

In the newest episode of the Power House podcast, mortgage industry veteran Dave Lykken joins host Diego Sanchez live from HousingWire‘s Housing Economic Summit. They explore the current mortgage industry climate, when Lykken expects interest rate stabilization to occur, and strategies for connectin

In the latest twist involving the Consumer Financial Protection Bureau (CFPB), a federal judge in Washington, D.C., on Friday ordered the reinstatement of all employees who were laid off last month by acting director Russell Vought.Judge Amy Berman Jackson of the U.S. District Court for the District

Industry stalwart CoreLogic rebranded as Cotality this week, unveiling their new name, logo and brand identity to better reflect where the company is headed. In a sit-down interview with Editor in Chief Sarah Wheeler, Cotality CEO Pat Dodd talked about the mission behind the rebrand and the future h

Three federal banking regulators announced their intent to issue a proposal that would rescind the Community Reinvestment Act (CRA) final rule issued in October 2023.Friday’s announcement involves the Federal Reserve, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insura

Real estate website builders will help you create an attractive, high-converting real estate website without learning to code or wrestling with WordPress. The value proposition for using a website builder is crystal clear: These platforms give you a shortcut to a magnetic online presence – critical

California Best Title Co. Inc. has agreed to pay $150,000 to the California Department of Insurance (CDI) to settle allegations that two of its employees violated state law that prohibits conflicts of interest in real estate transactions.The payment from California Best Title is comprised of a $100,

Stellar MLS is partnering with real estate technology platform Rayse to provide brokers with a tool designed for greater transparency in transactions.The Rayse platform tracks key agent activities, offering clients real-time insights into tasks such as responding to inquiries, negotiations and analy

Arkansas-based Keller Williams Market Pro Realty announced Friday that it has added a new affiliate, expanding its presence across a five-state region.True North Realty Group LLC, an independent brokerage with 27 agents, will be aligning with the Keller Williams brand. The firm is co-owned by Jeff C

Elon Musk and his team in the White House reportedly plan to lay off a substantial portion of employees in the U.S. Department of Treasury as part of their ongoing effort to reduce the federal workforce.In a court filing Tuesday surfaced by Bloomberg Law, the Treasury’s Deputy Assistant Secretary Tr

Today’s report on new home sales reveals a slight shortfall in sales estimates. However, it also emphasizes a more critical issue: the currently elevated supply of new homes. This surplus has significantly contributed to the stagnation of housing permits for some time. By addressing and reducing the

As the scrutiny of home equity investment (HEI) products has accelerated, credit ratings agency Fitch Ratings this week released a report explaining its approach to such products, reiterating that it does not rate them.While some other ratings agencies have opted to provide assessments for such prod

In a series of posts to his account on social media platform X, Federal Housing Finance Agency (FHFA) Director Bill Pulte published housing orders that terminate special purpose credit programs (SPCPs) and rescinds a 2024 advisory bulletin detailing the agency’s enforcement against unfair or decepti

The National Association of Realtors‘ Clear Cooperation Policy (CCP), which requires agents to put a listing on the MLS within one business day, will remain in place, NAR announced Tuesday. But the trade group is also offering an additional option to home sellers — a delayed marketing exemption peri

The current concept of retirement planning in the U.S. is “dangerously incomplete,” and the recent high-profile deaths of actor Gene Hackman and his wife Betsy Arakawa illustrate why longevity planning needs a more central role in the conversation.Joseph Coughlin, the director of the Massachusetts I