April Noessel was in dire straits.Raising five children on her husband’s salary, she began flipping houses to make ends meet. Her family fell into debt when one of their flips went sour. The bad deal was particularly galling because of the indignities it took to get the home ready to sell.“I was wea

The District of Columbia Housing Finance Agency (DCHFA) announced on Wednesday that it has relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020. Qualifying senior homeowners who live in Washington, D.C., can receive financial as

Alyssa Weakley — a clinical neuropsychologist, researcher and a caregiver to an older adult — has assisted in the creation of a technology platform that is designed to more easily connect older adults with their family members and caregivers to better support aging-in-place goals.“You never not worr

Tim Bowler, President of ICE Mortgage Technology, has a clear, specific vision for the future of ICE Mortgage Technology and the mortgage industry. In this Executive Conversation, Tim discusses ICE’s investment in product innovation, a company culture based on continuous improvement, and future care

Westcor Land Title Insurance Co. is looking to up its game against fraudsters. The title firm has launched val-ID by Westcor, a tool designed to help title agents validate the identities of home buyers and sellers, according to an announcement on Wednesday.The tool is powered by the technology of In

The City of Los Angeles will pay $38.2 million in a settlement agreement stemming from a 2017 case brought by the U.S. Department of Justice (DOJ) on behalf of a disabled resident. The DOJ alleged the city had “fraudulently obtained millions of dollars in housing grants from the U.S. Department of H

The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac on Wednesday announced new minimum standards to be included in tenant leases on GSE-backed multifamily properties, following up on a policy announced last month by the Federal Housing Finance Agency (FHFA).The new lease standards

In the newest episode of the Power House podcast, Pacaso CEO and co-founder Austin Allison visits the show to talk about the pros and cons of the co-ownership mortgage model, affordability issues in real estate, and strategies for understanding and developing a strong monetization strategy based on

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced on Wednesday the publication of two rules that extend anti-money laundering regulations to real estate agents and investment advisers, which is part of a broader Biden administration plan designed to curb c

The typical down payment for U.S. homebuyers soared to a record high of $67,500 in June, up nearly 15% from $58,788 a year earlier, according to a new report from Redfin.The increase in down payments came despite a slowdown in home price growth (4%). Redfin economists attributed it to the quirks of

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints.Dubbed the “Contingency Buster,” the product uses its Purchase Price Guarantee (PPG), a binding backup contract that if a

Chris Bruser, a reverse mortgage professional in Florida, agreed with an assertion that most people do not dream of entering the reverse mortgage business when they’re kids. But success can have a major impact on young people when they’re exposed to what it can look like, and this much was true for

Despite the overwhelming desire among the baby boomer generation for aging in place in their current homes, practical challenges like living costs and elevated home prices appear to be leading more older people to cohabitation with roommates, or “boommates.” This is according to a column published t

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Unless you’ve been living under a rock, you’ve probably already seen North Carolina Realtor Mike Hege’s mega-viral video or his interview on Today.com. But d

Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary policy tightening by saving $600 billion for homeowners, accounting for about 2% of personal consumption spending since 2022, according to a report by two Swiss Re Institute senior economists. “

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. This system provides FHA-approved lenders and business

Although cooperative compensation or commission information is no longer available on many MLSs after the National Association of Realtors‘ (NAR) nationwide commission lawsuit settlement agreement went into effect Aug. 17, some MLSs have allowed agents to continue indicating whether their seller is

Even as the real estate and mortgage markets are seeing light at the end of the tunnel following two difficult years of conditions, mortgage rates have yet to ease enough to create a surge of demand for purchase loans and refinances.At HousingWire‘s Mortgage Rates Center on Tuesday, the rate for 30-

Home prices continued to climb in June. The S&P CoreLogic Case-Shiller national home price index rose 5.4% annually to a reading of 325.23 in June, according to data released Tuesday. While prices continue to climb on a year-over-year basis, June’s figure was down from 5.9% growth in May. June’s ann