During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 — a goal of more than 100% growth over the

Since President Trump’s Liberation Day on April 2, mortgage rates, the 10-year yield and mortgage spreads have been on a wild ride. It’s been so wild that the low end of my 2025 10-year yield forecast range of 4.70-3.80% for 2025 was almost officially met. However, last week, mortgage rates and the

The other shoe has finally dropped. After weeks of back and forth online, Compass filed an federal antitrust lawsuit in U.S. District Court in Seattle against Northwest MLS (NWMLS) over NWMLS’s Clear Cooperation Policy (CCP) on Friday.NWMLS is a broker-owned MLS, rather than owned by the Realtor ass

The environmental, social, and governance (ESG) team at Fannie Mae has reportedly been dismissed in its entirety, according to multiple sources who spoke with HousingWire.Laurel Davis, who served as a senior vice president and head of the company’s mission and impact, was reportedly included in the

Reverse mortgage professionals are preparing to travel to Irvine, California, for the industry’s first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA).The association’s Western Regional Meeting is a one-day affair on Tuesday, April 29, that will aim to offer at

Nonprofit housing organization Enterprise Community Partners announced that the U.S. Department of Housing and Urban Development (HUD) has reversed a decision to terminate nearly $10 million in technical assistance funding, reinstating two key federal agreements tied to affordable housing efforts.Th

Home purchase and refinance activity hasn’t exactly been brisk in the opening months of 2025 as prospective borrowers contend with a variety of headwinds. But mortgage origination volumes among the country’s largest lenders are mostly up in the past year.Inside Mortgage Finance (IMF) data for the fi

As technology becomes an increasingly important part of life for people across the spectrum of age, a new mobile application being developed by researchers at the University of Wisconsin-Madison aims to add “augmented reality” to the tools for those seeking to age in place.Augmented reality technolo

The acting head of the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) has issued an updated memorandum of open priority recommendations that aim to increase the department’s efficiency and address key management challenges.The memo, issued this week by S

With eXp Realty and Compass Real Estate sitting atop RealTrends Verified’s 2025 Brokerage Rankings in terms of increases in volume and transaction side growth, fast-growing new models are knocking at the door.“There are a lot of new models out there,” said Steve Murray, a senior advisor to HousingWi

Following a tour of the Oneida Tribe reservation in Wisconsin this week, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced that the department will be adding $2.2 million to the Tribal HUD-Veterans Affairs Supportive Housing (VASH) program.Turner toured the rese

After years of identifying the housing market as unhealthy — culminating in a savagely unhealthy housing market in early 2022 — I can confidently assert that the housing market in 2024 and 2025 is on better footing. This transformation sets an extremely positive foundation for what’s to come. Some r

President Donald Trump has shifted federal economic policy in a big way since his inauguration on Jan. 20. Housing markets across the country will no doubt be impacted in some way, but one city is a special case — Washington, D.C.That’s because the Trump administration made reductions to the federal

The HECM Tool — a software platform designed to serve as a reverse mortgage sales conversion tool — announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platform’s existing visualization and comparison capabilities.The platform was dev

The Real Brokerage has named Ravi Jani as its new chief financial officer. His appointment is effective immediately and follows the departure of former CFO Michelle Ressler, who was terminated amid an ongoing internal investigation.Jani, who joined Real in September 2023 as vice president of investo

Keller Williams is continuing to expand its network. On Thursday, the firm announced the affiliation of Illinois-based PRG Group with KW Premiere Properties.PRG Group, which was doing business as Realty Executives Premiere, was a franchisee of Wheaton, Illinois-based Realty Executives International.

One Democratic senator is reaching across the aisle on a key housing agenda item for the Trump administration: developing housing on federal land. Semafor reported that Arizona Sen. Ruben Gallego, who sits on the powerful Senate Banking Committee, submitted a letter to both HUD Secretary Scott Turne

Lansing, Michigan-based Peer Advisors, the parent company of reverse mortgage servicer Celink, announced on Thursday the appointment of Leslie Meaux Pordzik as an “independent representative” on the company’s board of directors.Pordzik most recently served as senior vice president for the Office of

Four of the five claims made by former National Association of Realtors (NAR) project manager Roshani Sheth in her June 2024 lawsuit have been dismissed. Chicago-based U.S. District Court Judge Georgia N. Alexakis ruled on Tuesday that Sheth’s claims — including those of alleged retaliation under fe

Following news earlier this month that the U.S. Department of Veterans Affairs (VA) is moving to end the Veteran Affairs Servicing Purchase (VASP) program, the agency this week published a circular to outline the timeline for its closure.It features additional information about the planned end to VA