The Onit takeover of MoxiWorks appears to be ongoing, as the real estate technology firm has hired two more veterans from Onit to serve in leadership roles.Ben Tao was hired to be the company’s first chief marketing officer, while Jackson Mayes will join as chief of staff. The pair come to MoxiWorks

Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. Ironically, a strong employment situation in the country drives the bond market to higher rates. After the recent lows with mortgage rates th

The Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential solutions for closing the racial homeownership gap.The new initiative comes in the form of a group called the “CONVERGENCE Col

In time for a fall homebuying season that could be busier than usual due to lower mortgage rates, Opendoor has made appointments to a pair of vital roles.The company announced that it has named Selim Freiha its chief financial officer, while Shrisha Radhakrishna assumes the title of chief technology

The Mortgage Bankers Association (MBA) has announced two promotions within its leadership team. The trade group named Wendy Penn as vice president of affordable housing initiatives and Amber Lawrence as vice president of diversity, equity and inclusion (DEI). Penn and Lawrence join 12 other women on

Consumer confidence toward purchasing a home increased in September to its highest level in more than two years due to the expectation of lower mortgage rates, according to Fannie Mae’s Home Purchase Sentiment Index (HPSI).  But that’s only an early sign that the market is shifting. Due to the expec

The top brokerage in the country by transaction side count, eXp Realty, has settled the commission lawsuits.The parent company of eXp Realty, eXp World Holdings, announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC). According to the filing, the firm offici

Rocket Companies tapped Papanii Okai, who previously served as chief technology officer at Venmo, as its executive vice president of product engineering.Okai’s hiring, effective Monday, is the latest in a string of hires to the Detroit-based lending company’s executive team since Varun Krishna becam

The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2% move lower since the highs of 2023 without rate cuts, as the bond market always gets ahead of the Fed. Since the Fed rate cu

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Whether you’re looking to launch a new career or renew your NMLS license before the end of the year, we’re here to help. In this article, we’ll give you some

This week on the “Real Estate Insiders Unfiltered“ podcast, hosts James Dwiggins and Keith Robinson sit down with Sherry Chris, executive adviser at Anywhere Brands, and the former CEO of Better Homes and Gardens Real Estate. The episode dives deep into Chris’ background and includes key insights in

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), returned to this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meet

Shareholders at eXp World Holdings, the parent company of eXp Realty, are unhappy about the recent spate of lawsuits and media coverage the firm has received regarding allegations of sexual assault and harassment.On Wednesday, the Los Angeles City Employees’ Retirement System (LACERS) and the Buildi

Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has. However, it works both ways. Recently, I’ve written that mortgage rates may have bottomed for 2024 becau

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. The quarterly survey gathered responses from three groups: real estate brokerage leaders,

Homeowners 62 and older saw their collective home equity levels rise in the second quarter of 2024 by roughly $600 billion, increasing to a total of $14 trillion and continuing a streak of forward momentum observed in the first quarter.This is according to the Reverse Mortgage Market Index (RMMI), a

Editor in Chief Sarah Wheeler sat down with Diane Yu, co-founder and CEO of TidalWave, to talk about the benefits of building an AI-first company in today’s business environment. Yu founded and sold ad tech platform FreeWheel to Comcast in 2014, and she served as chief technology officer at Better.c

Kevin Peranio, left, of Paramount Residential Mortgage Group, and Candice McNaught of Supreme Lending lead a panel discussion during the HousingWire IMB Summit in Dallas on Oct. 1. (Photo courtesy of Willie & Kim Photography)As mortgage rates edge closer to the 6% mark, optimism has spread across th

After a slow start to the year, the housing market picked up the pace during the second quarter. For the title insurance industry, this meant an uptick in title insurance premium volume, which came in at $4.09 billion for the quarter, according to the American Land Title Association (ALTA)’s Market

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.It’s almost that time of year! The leaves are starting to turn, kids are back in school, and the fall real estate market is in full swing. We have only three