There are about 80,000 veterans in the U.S. who are behind on their mortgages and heading toward foreclosure, according to data from ICE Mortgage Technology, a number that could have been alleviated with help from the Veteran Affairs Servicing Purchase (VASP) program.But just last month, the program

A New York real estate agent known for her appearance on Netflix’s “Million Dollar Beach House” was killed in a hit-and-run Thursday afternoon in the Hamptons, according to local reports.Sara Burack, 40, was found unconscious on a Hampton Bays road on Thursday afternoon. Authorities said she was pro

Real estate brokerages with revenue share models provide agents with a way to generate income beyond closing transactions with their own clients. But when it comes to creating a robust revenue-share downline, agents at two revenue share brokerages — eXp Realty and The Real Brokerage — say there is n

Adding fuel to what the baby boomer generation has been consistently saying for some time, a new Redfin survey shows that one-third of all boomer homeowners have no intention of selling their home. This further legitimizes claims that a “silver tsunami” of housing inventory is unlikely to materializ

FHFA Director Bill Pulte called for Federal Reserve Chairman Jerome Powell to resign today, shortly after President Trump urged Powell to cut the Fed funds rate by 2.5% in a social post.This follows the Federal Reserve’s decision yesterday to keep the Fed Funds rate unchanged. Although Powell pointe

Today, President Trump called Fed Chairman Jerome Powell “Too Late” in a social post and said that he can save the country billions of dollars by shaving 2.5% off the Fed Funds rate. This is part of an ongoing Trump attack on the Fed Chair to cut rates, but is this strategy the best way to do it?As

The U.S. home flipping market showed signs of strain in the first quarter of 2025 as the number of flipped properties dropped to a six-year low and profit margins continued to erode, according to ATTOM’s Q1 2025 U.S. Home Flipping Report.A total of 67,394 single-family homes and condominiums were fl

Commission lawsuit settlement agreements from 15 real estate industry players, including major names like Keyes Co./Illustrated Properties, Side, JPAR, NextHome and Baird & Warner will be up for final approval on Tuesday, June 24.The fifteen settling defendants, which come from the Gibson and Keel s

A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study f

Hoby Hanna, the CEO of Howard Hanna Real Estate Services and Hanna Holdings, joined the RealTrending podcast this week to discuss his company’s approach to growth, technology and consumer offerings.In an interview with host Tracey Velt, Hanna breaks down a selective approach to mergers and acquisiti

Technology is accelerating change across the financial services industry, and United Wholesale Mortgage is at the forefront of mortgage innovation. With the launch of two groundbreaking platforms— the Loan Estimate Optimizer (LEO) and Mia, an AI-powered assistant for loan officers, UWM is setting a

Class Valuation has launched a new appraisal review product designed to bring greater clarity and oversight to residential valuations. The new tool, Class Valuation Analysis (CVA), offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model (AVM) te

Birmingham, Michigan-based brokerage @properties REMI Christie’s International Real Estate is opening its 10th office in the state in July by expanding into the lakeside resort town of Traverse City.The brokerage was launched in 2021 by Detroit-area natives Eric Walstrom and Alex Irrer, and it has g

Rachel Gustafson serves as a certified financial planner with the Financial Investment Team, a firm based in Portland, Oregon. Over the course of a 12-year career in the field, she has a specialty for helping her clients figure out the best and most efficient ways to retire.When reverse mortgages fi

Few events in recent real estate history have rattled the industry more than the antitrust lawsuits filed against major brokerages and the National Association of Realtors (NAR), accusing them of artificially inflating agent commission rates.NAR settled the Sitzer-Burnett case for $418 million and a

Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion.This class includes reverse mortgage products in the U.S., the United Kingdom and elsewhere, but a European equity release au

Real estate software provider Lone Wolf Technologies is launching an integration with Zillow-owned customer relationship management system Follow Up Boss as it aims to connect transaction, marketing and accounting tools in one system.Follow Up Boss will be linked with Lone Wolf’s Foundation platform

The Federal Reserve held benchmark rates steady in the range of 4.25% to 4.5% following its two-day meeting on Wednesday, a decision with implications for the mortgage industry. The move, expected by virtually all monetary policy watchers, underscores the challenge facing the Federal Reserve — decid

Even though new home sales showed growth last month, the homebuilders — both big and small — have no desire to grow housing permits or starts with 7% mortgage rates. Housing starts and permits peaked in 2022 and have been fluctuating at levels similar to the early stages of the COVID-19 recession fo

Silicon Valley Bank (SVB), a division of First Citizens Bank, and lending partner Setpoint announced on Wednesday that they’re providing a $200 million warehouse facility to Austin-based mortgage tech firm UpEquity.The funding is expected to support $1 billion in originations over the next two years