The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations.This is the DOJ’s first redlining settlement inv

Democratic presidential nominee and incumbent Vice President Kamala Harris recently made a media blitz in an effort to appeal to voters ahead of next month’s presidential election, where she’ll face off against Republican nominee and former President Donald Trump.While Harris and Trump have unique e

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Let’s face it — a healthy pipeline of leads is the lifeblood of any successful real estate business. Buying real estate leads is one of the fastest, most cos

As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse mortgages as a potential option to add financial flexibility. After enduring backlash, Mayor Misha Pride has walked back his comments.

Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last?JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Frid

SERHANT. has added a high-performing team to its presence in Charleston, South Carolina.Key Avenue Group is leaving Keller Williams for SERHANT., bringing a team with more than $300 million in career sales. Key Avenue is led by Christopher Smith and Patrick Ryan. SERHANT. first entered South Carolin

Floify has introduced a new workplace and income verification product that competes with The Work Number from Equifax.Mortgage solutions provider Floify is now going to go toe-to-toe with Equifax‘s oft-maligned workplace verification provider The Work Number, which has been criticized by mortgage le

Brokerages are scrambling to adapt to the post-settlement landscape of real estate, and more of them are turning to the same method for growing their headcount — acquiring new teams.The addition of teams is an efficient way for major brokerages to bolster agent counts and boost sales volumes on thei

Successful people possess a belief system that empowers them to achieve their goals, regardless of their circumstances or situations. This doesn’t mean they don’t face failures and setbacks; rather, they refuse to let these obstacles prevent them from reaching their potential.By most standards, I’ve

Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), described a need for more reverse mortgage comprehension during an interview at this year

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells.The technology companies will tether their respective services with the goal of streamlining the process of getting a home ready

Struggling fintech LoanSnap had its mortgage lender license in Connecticut revoked in early October by state authorities, adding to the company’s legal and financial problems.  The firm was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 20

The Real Brokerage’s explosive growth continues. The company has added the Grant Johnson Group, based in the Minneapolis area, bringing 55 agents to Real and pushing the brokerage’s total agent count past 22,000.“It’s fitting that a fast-growing team, focused on building a strong culture, has helped

Ongoing supply and affordability challenges in the housing market have frustrated many homeowners who have looked to trade up or relocate for various reasons. In response, some consumers have turned to renovation projects to meet their needs.According to survey data released this week by St. Louis-b

The National Association of Realtors has taken its fight with the Department of Justice to the Supreme Court.As it previously indicated it would, the National Association of Realtors (NAR) filed a writ of certiorari with the Supreme Court on Thursday. The trade group is asking the nation’s highest c

Social Security benefits and Supplemental Security Income (SSI) payments will rise by 2.5% in 2025, the lowest such increase since 2021. This reflects cooling levels of inflation after a period of historic increases, which pushed the cost-of-living adjustment (COLA) to its own heights during and aft

Agents and LOs are grappling with heavily damaged housing markets in the Southeast. Housing markets in the Southeast are reeling from a one-two punch of devastating hurricanes that are believed to have caused at least $100 billion in damage. The housing markets in Tampa, Florida, and Asheville, Nort

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced $3 million in new grants for North Carolina residents impacted by Hurricane Helene. But independent reporting has also detailed that the Federal Emergency Management Agency (FEMA) has nearly exhausted funding for the ne

In its race against other brokerages to add agents, eXp Realty has scored big in California.Prime Real Estate Team is leaving the white-label brokerage Side and taking its 21 agents to eXp. Led by the wife-and-husband team of Angelica Galeana Yost and Robert Yost, the team serves the Sacramento and

“Rules of the Game,” a popular interactive session from past annual meetings of the National Reverse Mortgage Lenders Association (NRMLA), returned in 2024 to the San Diego event that took place at the end of September.Hosted by reverse mortgage educators Dan Hultquist and Jim McMinn, the pair aimed