Spanberger’s Virginia housing agenda falls short on local pushback

New Virginia Gov. Abigail Spanberger’s first-year housing agenda delivered new money and new tools for affordable housing preservation, but it fell short on the package’s biggest supply-side proposal: a statewide push to allow multifamily housing by right in many commercially zoned areas. A pair of
Read MoreCompass dismisses antitrust lawsuit against Zillow over listing policy

Compass is dismissing its antitrust lawsuit against Zillow over the listing portal giant’s listing access standards policy. The Robert Reffkin-helmed firm filed its motion to dismiss the lawsuit without prejudice, meaning that Compass could file another lawsuit against Zillow with similar claims in
Read MoreTrump’s mortgage order sets stage for regulatory shift, draws consumer backlash

President Donald Trump’s executive order targeting mortgages addresses several concerns raised by banks and nonbanks, which have largely welcomed it as a road map for regulatory change. But it’s also receiving pushback from consumer advocates.Friday’s order on “promoting access to mortgage credit” a
Read MoreCrossCountry Mortgage to strengthen footprint with Summit M&A deal

Cleveland-based CrossCountry Mortgage (CCM) has struck a deal to acquire Summit Funding, broadening its geographic reach, the companies announced Wednesday. Financial terms of the transaction were not disclosed. “In 2025, we financed 1 in 35 homes sold nationwide, ranking as the No. 1 retail mortgag
Read MoreAnywhere’s Sue Yannaccone named Compass International Holdings COO

Compass International Holdings (CIH), the parent company of Compass, @properties, Christie’s International Real Estate and the six Anywhere Real Estate brands, has promoted Sue Yannaccone to chief operations officer, according to an announcement on Wednesday. Yannaccone’s promotion comes a little ov
Read MoreFed keeps rates unchanged as inflation, geopolitical risks cloud outlook

In a widely expected move, the Federal Reserve held its benchmark interest rate steady Wednesday at a target range of 3.5% to 3.75%, the same level it set in January. “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemplo
Read MoreFannie Mae, Freddie Mac announce revisions to condo insurance standards

Fannie Mae and Freddie Mac on Wednesday announced updates to condominium project standards and property insurance requirements for one- to four-unit properties and project developments, with a stated goal of reducing costs for homeowners. “We are replacing a disruptive and expensive Biden insurance
Read MoreBest time to list: Homes sell for $6,000 more in late May

Older Americans maintain record share of housing wealth

Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains. An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% o
Read MoreHow FrameTec plans to cut build-cycle times and reduce waste

Dozens of innovative companies have sprung up over the past 15 years, each vowing to revolutionize home building. Many haven’t, don’t, and won’t make it through the “early-stage” gauntlet of A, B, and C series capital raises, where they can pay off their debt, cover their bills and sustainably gene
Read MoreFinance of America expands HomeSafe Second reverse mortgage to three more states

Finance of America (FOA) has expanded access to its HomeSafe Second product into Indiana, Ohio and Michigan, giving senior homeowners more options for tapping record levels of home equity without giving up their low post-pandemic mortgage rates, the company announced Tuesday. Reintroduced in 2023 as
Read MoreWashington law limits private listing networks for homes

Beginning in early June, real estate professionals in Washington state must publicly market their residential real estate listings to all consumers, unless the seller can show doing so would negatively impact their health or safety. This requirement comes after Washington Governor Bob Furgeson signe
Read MoreBanks eye bigger role in mortgages as regulators reconsider capital rules

Top banks in the mortgage space, which have relied on a similar playbook for years, say they could become more active if upcoming changes to capital rules provide more flexibility, several industry executives told HousingWire. But any shift in strategy is expected to take time. Depositories typicall
Read MoreMBA’s Broeksmit on Trump orders, AI and mortgage affordability at ICE X26

“Just when I think things are falling in place, another wild card arrives,” Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said Tuesday morning at ICE Experience’s X26 annual mortgage conference. In a conversation with ICE Mortgage Technology President Bob Hart that spanned rece
Read MoreServing VA buyers: Practical guidance for real estate agents

Military families and veterans don’t buy homes the way most civilians do. They move on short notice and often finalize purchases from hundreds or thousands of miles away. When you add a VA home loan into the mix, some lenders and agents assume the transaction is headed for trouble before it even sta
Read MoreStates sue HUD over guidance they say weakens fair housing protections

A coalition of 16 attorneys general has filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD), alleging the agency is attempting to force states to weaken their housing discrimination protections. The dispute centers on written guidance issued by HUD in September to stat
Read MoreThe Real Brokerage adds RealTrends Verified ranked Atlanta group

The Real Brokerage has added Legends Real Estate Group, expanding its presence in the Atlanta metropolitan area and northeast Georgia. The group includes 55 agents and several established teams that previously operated under a REMAX-affiliated brokerage. They will now operate within Real’s platform
Read MoreMortgage rates rise as US-Iran conflict carries on
Mortgage rates saw moderate increases in the past week as global economic uncertainty around the U.S.-Iran conflict continues, putting a damper on what was previously expected to be a brisk spring homebuying season. Mortgage News Daily reported Friday that 30-year fixed rates spiked to a seven-month
Read MoreZillow launches Zillow Preview to bring pre-market home listings into the open

Reducing risk: Why logging, protection, and review matter

In real estate, title insurance, and mortgage lending, transactions depend on technology operating accurately and securely behind the scenes. Every login, file access, system change, and integration generates activity that can either support business continuity or signal potential risk. One of the m
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