Consumers who chose to take out a cash-out refinance largely used the loan’s proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. Cash-out borrowers also saw increases in their credit scores on average, while scores

Who owns photos of a real estate listing? The broker? The photographer? And what exactly happens when a photo used in marketing material looks essentially identical to an already copyrighted photograph? Based on suits filed on Friday by builder, real estate broker and professional photographer Alexa

In this week’s episode of the RealTrending podcast, host Tracey Velt sits down with RealTrends founder Steve Murray. The duo explore the current state of mergers and acquisitions, team-based brokerage models, commission compression, and growth opportunities for agents and brokers.This interview has

Mr. Cooper announced the appointment of Jason Cave as its new SVP of Government Affairs, which was confirmed with HousingWire today. Cave, who started on Jan. 21, confirmed the news on his LinkedIn today. Cave will report directly to Kurt Johnson, the company’s EVP and CFO. Cave joins the company wi

This week has been full of surprising headlines regarding the housing market, particularly concerning President Trump. His executive orders and demand for lower interest rates have overshadowed the usual discussions on housing economics. In this article, I’ll give you an update on the latest weekly

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez is joined by Newrez President Baron Silverstein. In this informative conversation, the duo touch on Newrez’s growth and acquisition strategies, the use of technology and artificial intelligence for client retentio

There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database maintained by the bureau. This was 63 fewer complaints than in 2023.Of the total, about 43% were related to “

A state senator in Washington, citing dwindling enrollment numbers at an Olympia college and the impending “silver tsunami” of population trends, wants to close an existing college campus and transfer its control to the University of Washington to repurpose it for health sciences studies.This is acc

In the wake of the Los Angeles wildfires, CoreLogic today announced a new strategic alliance with Vexcel Imaging, a global leader in aerial imagery, which will provide CoreLogic with imagery from the U.S., Canada, Western Europe and Australia, including post-disaster imagery captured after wildfires

One of the original sexual assault cases against former real estate brokers Tal and Oren Alexander has been dismissed.A federal judge dismissed Angelica Parker’s suit against the Alexanders — including Oren’s twin brother Alon — on the grounds that the case was not filed within the time frame set by

From the thrill of a sale to the pursuit of new leads, the real estate industry keeps you on your toes. It’s vibrant, dynamic and competitive, but it can also be incredibly isolating, and staying motivated can be a challenge. As a way to deal with this, many agents and brokers seek professional ment

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending, a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership

Existing home sales ended the year on a positive note, which aligns with our weekly Housing Market Tracker data, but something surprising is that home prices firmed up late in the year as well. We observed a shift in the forward-looking data starting in the summer, which continued throughout the yea

The Mortgage Bankers Association (MBA) on Friday sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, requesting that the bureau delay the compliance dates of a final rule requiring the registry of nonbank financial services providers.The bureau initially announced the

Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses — including the Southern California wildfires and hurricanes Milton and Helene in the Southeast — are not expected to heavily impact paid claims experience or credit ratings for mortgag

Guaranteed Rate Affinity announced on Friday that it has hired Andy Ward as its originating manager in Cottleville, Missouri.Ward brings a proven track record of success and leadership in the mortgage industry. The 25-year mortgage leader reportedly joined Guaranteed Rate Affinity to align with the

Ginnie Mae’s complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, dubbed “HMBS 2.0,” released a final term sheet in November which proved to be the final major policy work of former acting Ginnie Mae President Sam Valverde prior to his departure from the company.It

As older Americans run into more challenges with the cost of living on a fixed income, a coalition of advocacy groups in and around New York City are calling for action. Led by LiveOn NY, more than 50 organizations are rallying the city’s government for additional support for older residents as they

Fannie Mae’s title insurance pilot program could save borrowers up to $2.19 billion. This is according to a study released in January by Legal Economics’ Andrew Rodrigo Nigrinis and Todd Zywicki of the George Mason University’s Antonin Scalia School of Law. Nigrinis is a former enforcement economist

Nearly one-quarter of all new startups funded by venture capital firms are artificial intelligence-driven companies, according to a PitchBook analysis published late last year. Given the massive changes experienced by the real estate industry in the past six months, it is no surprise that at least a