The Consumer Financial Protection Bureau (CFPB) may have yet another new director in Jonathan McKernan, but the bureau is still effectively shut down thanks to actions taken by McKernan’s two most recent predecessors, Scott Bessent and Russell Vought, who both served as acting director. While enforc

New data from U.K.-based financial services firm Legal & General shows that as many as 11% of all couples over the age of 50 use their real estate wealth — either through the proceeds of a home sale or a home equity release product — to finance the costs of divorce.“The research, which explored the

RedKey Realty Leaders, an independent agency based in St. Louis, recently announced a major expansion move. The company added Circa Properties, another boutique brokerage with a strong local presence, but the merger is more about alignment than anything else, according to RedKey leaders.RedKey Realt

In this week’s episode of the Top of Mind podcast, host Mike Simonsen is joined by Block Renovation CEO Julie Kheyfets. The duo explore current and upcoming trends in the home renovation market.This interview has been edited for length and clarity. To start the conversation, Simonsen and Kheyfets di

Gov. Joe Lombardo (R) of Nevada submitted a letter this week to the state Senate’s majority leader and assembly speaker, urging the Legislature to adopt a resolution that would push for more control of the state’s federal land to build homes. “Since taking office, I have heard time and again the dra

California-based mortgage lender loanDepot on Wednesday announced the expansion of its equityFREEDOM portfolio to provide nearly 50 million U.S. homeowners with access to their tappable home equity.The expansion adds 10- and 30-year fixed-term options to the company’s existing 20-year fixed-rate hom

In some states, the door has been open for many years to real estate agents who want to access their local MLS without being a Realtor. But controversy has been rising of late after actions by associations in Phoenix and Austin. (Image generated by AI through Midjourney)In 1994, the National Associa

The Consumer Price Index (CPI) came in with inflation higher than expected today, particularly in the month-to-month data, which caused the 10-year yield to spike sharply within seconds after the report. This is what I discussed on today’s episode of the HousingWire Daily podcast — that there are ri

The housing market is starved for relief on mortgage rates, but hope for the Federal Reserve cutting interest rates just took a huge blow.The reading of the consumer price index (CPI) from the Bureau of Labor Statistics came in unexpectedly high, showing a 3% rise for the 12-month period ending in J

President Trump nominated Jonathan McKernan, who previously served as a board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB on Tuesday, capping a chaotic week for the bureau. McKernan also has experience in the Senate, having served as senior financial policy ad

Rental listings have been a consistent high-growth revenue stream for Zillow since the onset of the COVID-19 pandemic in 2020. And the company has struck a deal that it believes can push that growth even higher.On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnersh

The Oregon state senate’s Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property.Industry representatives contend that if enacted, the bill co

Families are becoming more strategic when choosing a city to live in. And some cities are better equipped to promote the concept of family homeownership.Online marketplace LendingTree released a study this week that identified the best major metropolitan areas for families in 2025. The study utilize

If you’ve heard it once, you’ve heard it a thousand times: Older Americans want to age in place in their own homes, and they also want to remain in their current communities. But these desires could clash with a reality that many communities across the country simply don’t have the resources to supp

Mortgage credit availability ramped up in January, according to a report released Tuesday by the Mortgage Bankers Association (MBA) that analyzed data from ICE Mortgage Technology.The MBA’s Mortgage Credit Availability Index (MCAI) increased by 250 basis points (bps) on a monthly basis to 99.0 in Ja

Our economy faces many challenges – persistent high mortgage interest rates, a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. As a new Administration takes over, dozens of policy prescripti

Despite bolstering its construction activities and the availability of single-family homes, the state of Florida continues to endure shortages in its affordable housing stock that impact the workforce and retirees living on fixed incomes.This is according to a 2024 annual report from the University

The Supreme Court of Hawaii this week decided that insurance companies seeking to file their own suits against those deemed responsible for 2023’s devastating wildfires on the island of Maui cannot proceed, paving the way for a $4 billion settlement to continue, according to reporting from the Assoc

High interest rates and home prices are causing some prospective homebuyers to avoid applying for a mortgage. But despite this trend, some buyers are willing to adjust their loan term expectations to achieve homeownership, according to a recent report by real estate technology company REsimpli.REsim