In the newest episode of the HousingWire Daily podcast, host Sarah Wheeler sits down with Freddie Mac’s Sonu Mittal — the agency’s senior vice president and head of single-family acquisitions — to explore its recently announced alternative to loan repurchases, as well as appraisal waivers and how th

Rep. Barbara Lee (D), a member of the U.S. House of Representatives who serves California’s 12th Congressional district in the Oakland area, has signaled that she is interested in the role of secretary at the U.S. Department of Housing and Urban Development (HUD) if Vice President Kamala Harris is v

Editor in Chief Sarah Wheeler sat down with Optimal Blue CEO Joe Tyrrell to talk about how the company decides where to deploy generative AI and why return on investment (ROI) for customers is paramount. Before arriving at Optimal Blue this year, Tyrrell served as president at ICE Mortgage Technolog

The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to the U.S. Department of Housing and Urban Development (HUD) requesting that the agency, at minimum, align its cybersecurity reporting requirements with those of Ginnie Mae. Ideally, however, it

Update: Since publishing this story, mortgage spreads have improved from yesterday, so some lenders may have better pricing today.Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year yield and mortgage rates to go lower. At first,

HousingWire is excited to announce the honorees of this year’s Tech Trendsetters award. The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients. Similar to the HousingWire

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.It’s hard to overstate how dramatically real estate software has changed over the last few years. We went from clunky, slow, and expensive CRMs to AI-powered

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Creating or evolving your real estate marketing plan is a critical aspect of every agent’s overall business plan. Your marketing plan will determine if and h

Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within minutes.The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing too

A recent episode of “The Loan Officer Podcast” features a high-profile guest masterclass. Host Dustin Owen sits down with Lower CEO Dan Snyder to explore his journey from studying law to founding a mortgage fintech platform, along with key entrepreneurial tips for aspiring originators.This interview

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door.As part of the deal that closed Oct. 1, NerdWallet is pay

By at least one measurement, affordability is improving for prospective homebuyers, even as home prices continue to rise and mortgage credit availability remains relatively low.According to data released Thursday by the Mortgage Bankers Association (MBA), the median payment for purchase loan applica

It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri. What has changed for real estate brokerages since then? (Image generated by AI in Midjourney)Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, whic

The Federal Housing Finance Agency (FHFA) on Thursday said it will aim to simplify the process of funding affordable housing projects through the Federal Home Loan Banks (FHLBanks). The advisory bulletin came in response to comments by sponsors that have called the process too cumbersome.“Each of th

The real estate industry is racing to find ways that artificial intelligence (AI) can improve business practices. ClearValue Consulting thinks it’s found a way.The firm has partnered with Restb.ai to bring computer vision to its valuation review platform called Certainty. The companies hope Restb.ai

Compass’s plan for future success? Become a hub for real estate listings. Brokerage founder and CEO Robert Reffkin laid his firm’s plans for the future bare during its third-quarter 2024 earnings call with investors and analysts on Wednesday.“Listing inventory remains the lifeblood of the residentia

AgentCoach.AI, an AI-powered real estate coaching company, is launching a new training platform for real estate agents. The Austin-based tech company will use advanced training bots on the platform, according to a recent announcement.The new platform will leverage specialized training bots to help a

New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, reported a 58% increase in refinances to $3 billion in the third quarter of 2024 after mortgage rates dropped due to the Federal Reserve’s 50 basis-point rate cut. But executives expect things to calm down moving fo

You don’t often hear about someone with an affinity for nuclear physics finding their way into the reverse mortgage field, but that’s exactly the journey we’re charting in this edition of “Origins” from HousingWire’s Reverse Mortgage Daily (RMD).Rick Schluter, a New Jersey-based reverse mortgage spe