• Erik Morin reflects on his return to the reverse mortgage appraisal space

    Erik Morin reflects on his return to the reverse mortgage appraisal space,Chris Clow

    Last April, Erik Morin made a return to the reverse mortgage valuation space by joining appraisal and valuation company Atlas VMS. Morin founded Landmark Network in 2007, a company that quickly became a key player on the valuation side of the reverse mortgage space before being acquired by Class Val

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  • Dave Liniger discusses AI and the evolution of the real estate industry

    Dave Liniger discusses AI and the evolution of the real estate industry,Brooklee Han

    Since starting his career in the real estate industry more than five decades ago, Dave Liniger, the co-founder of RE/MAX, has seen and experienced quite a bit of change and innovation. While the emergence of technology tools is not new to the industry, the latest wave of artificial intelligence (AI)

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  • Social Security benefits in 2024 have lost 20% of buying power compared to 2010

    Social Security benefits in 2024 have lost 20% of buying power compared to 2010,Chris Clow

    The consumer purchasing power of U.S. Social Security program benefits in 2024 is roughly 80 cents on the dollar when compared to the power of these benefits in 2010, illustrating the continued bite that inflation is having on American households as well as the diminished buying power of those livin

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  • What a Kamala Harris presidency could mean for housing

    What a Kamala Harris presidency could mean for housing,Jeff Andrews, Flávia Furlan Nunes

    Anyone wondering who would take Joe Biden’s spot on top of the Democratic presidential ticket should he drop out got an answer within mere hours of Biden’s long-anticipated withdrawal — Kamala Harris.Democrats in office and the party’s elder statesmen and stateswomen quickly endorsed Harris, includi

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  • Housing demand stalls as buyers wait for lower rates

    Housing demand stalls as buyers wait for lower rates,Mike Simonsen

    Mortgage rates have come down with recent positive inflation news. However, they are still higher than they were six months ago. I think rates are on the verge of going lower. Will consumers respond? I expect that mortgage rates under 6.75% and moving towards 6.5% will shake homebuyers into action,

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  • HUD announces $175M funding opportunity for rental construction, renovation

    HUD announces $175M funding opportunity for rental construction, renovation,Chris Clow

    The U.S. Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homeles

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  • Alita Group president discusses alternative to traditional title insurance

    Alita Group president discusses alternative to traditional title insurance,Neil Pierson

    In a recent episode of “Ten Minute Talks,” HousingWire President Diego Sanchez and Alita Group President Stacy Mestayer discussed an alternative option to title insurance.Mestayer started her career in corporate law before founding the Alita Group, which began as a technology company and eventually

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  • President Joe Biden ends 2024 reelection bid, endorses Harris

    President Joe Biden ends 2024 reelection bid, endorses Harris,Sarah Wheeler

    President Joe Biden announced Sunday that he is stepping out of the race for reelection. This follows a disastrous debate performance three weeks ago that spurred high-level calls from his own party to step aside. In a letter posted on X on Sunday, Biden put an end to rumors and speculation that hav

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  • Housing inventory up almost 40% over last year

    Housing inventory up almost 40% over last year,Logan Mohtashami

    We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates, we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A.Low inventory has plagued the housing market since the pandemic, plummeting

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  • Howard Hanna to offer ’Buy & Borrow Bundle’

    Howard Hanna to offer ’Buy & Borrow Bundle’,Brooklee Han

    Howard Hanna Real Estate Services is looking to “streamline the home-buying process.” On Thursday, the family-owned real estate firm announced that it was launching its “Buy & Borrow Bundle” program, which it said offers “comprehensive support and financial incentives that cater to the unique needs

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  • Analyst: HMBS 2.0 developments should benefit reverse mortgage industry

    Analyst: HMBS 2.0 developments should benefit reverse mortgage industry,Chris Clow

    Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “HMBS 2.0.”The new term sheet details several differences from the curre

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  • FHA head Julia Gordon to return to NRMLA Annual

    FHA head Julia Gordon to return to NRMLA Annual,Chris Clow

    Julia Gordon, the commissioner of the Federal Housing Administration (FHA) and a leading voice at the U.S. Department of Housing and Urban Development (HUD), will be returning for the third consecutive year to the National Reverse Mortgage Lenders Association‘s (NRMLA) Annual Meeting and Expo that w

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  • Logan Mohtashami discusses the spike in housing inventory levels on CNBC

    Logan Mohtashami discusses the spike in housing inventory levels on CNBC,Neil Pierson

    In a recent segment of CNBC’s “Worldwide Exchange,“ HousingWire lead analyst Logan Mohtashami and anchor Frank Holland dive into last week’s spike in mortgage applications as well as housing permit levels. According to recent data from the Mortgage Bankers Association, mortgage applications for new

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  • Secondary market for construction financing could help spur multifamily developments

    Secondary market for construction financing could help spur multifamily developments,Chris Clow

    “A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.”This is the conclusion of a new report published by the Center f

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  • Texas housing inventory jumps 40%, but prices stay flat

    Texas housing inventory jumps 40%, but prices stay flat,Jeff Andrews

    They say everything is bigger in Texas — and apparently that includes housing inventory growth.While available homes for sale are growing all over the country, it’s happening at a dramatic scale in Texas. According to a second-quarter 2024 report from Texas Realtors, the number of active listings fr

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  • Amid global tech outage, HUD reports FHA Connection issues

    Amid global tech outage, HUD reports FHA Connection issues,Chris Clow

    The Federal Housing Administration (FHA) on Friday announced that its FHA Connection (FHAC) portal — which provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S. Department of Housing and Urban Development (HUD) — has experienced outages in cert

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  • Ascent Developer Solutions launches to serve construction loan needs

    Ascent Developer Solutions launches to serve construction loan needs,Neil Pierson

    Ascent Developer Solutions, a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management.Headquartered in Southern California, AscentDS will focus on providing customized financing solutions to single-family and multifamil

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  • Coldwell Banker adds generative AI to Listing Concierge

    Coldwell Banker adds generative AI to Listing Concierge,Brooklee Han

    Artificial intelligence has taken the real estate industry by storm over the past two years and Coldwell Banker is no exception. On Thursday, the Anywhere Real Estate brand announced that it had equipped its exclusive marketing platform tool Listing Concierge with generative AI capabilities.Through

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  • Single-family rents balloon in St. Louis: CoreLogic

    Single-family rents balloon in St. Louis: CoreLogic,Jeff Andrews

    St. Louis has one of the lowest levels of single-family rents among major U.S. cities, but it might not stay that way for long.A report released this week by CoreLogic showed that the city had the highest year-over-year single-family rent growth in May among the 20 major markets analyzed. With a 6.2

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  • Propy, Parcl announce partnership to bring analytics to NFT real estate

    Propy, Parcl announce partnership to bring analytics to NFT real estate,Jeff Andrews

    What happens when you combine a decentralized application (dApp) tokenization platform with a decentralized finance (DeFi) protocol built on real-time data?Other than an intriguing word salad, two real estate proptech startups believe it means very good things for property owners using nonfungible t

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