As it continues to navigate post-disaster recovery needs, the city of Asheville, North Carolina this week has submitted an updated action plan to the U.S. Department of Housing and Urban Development (HUD), aiming to garner approval so that the city can access an estimated $225 million in assistance

President Donald Trump’s trade war against China is escalating.The White House confirmed Tuesday that Trump is placing a 50% tariff on China that is in addition to previously implemented or announced levies. Trump hit China with a 20% tariff at the beginning of his term, and his “Liberation Day” tar

Despite long maintaining a reputation as being behind the times of technology development — whether that is due to a perception of being slow-to-adopt emerging technologies, or due to regulatory compliance concerns — one top 10 reverse mortgage lender has now rolled out hybrid e-closing processes fo

Last week, beneficiaries of the Social Security Administration (SSA)’s Supplemental Security Income (SSI) program were erroneously told that they were no longer receiving benefits, and could no longer access account history through the program’s online portal.This is according to reporting at CBS Ne

Illustration of a mortgage loan officer struggling with rate volatility. Image created with ChatGPT 4oWhile the trade war initiated last week by the Trump administration has brought volatility to mortgage rates, some loan officers have seen an uptick in home loan applications as some borrowers are “

A bipartisan duo of members in the House of Representatives who largely operate with very different political positions have come together to begin what they’re calling an “initiative to gather public input” on the potential reauthorization of two federal housing programs.Reps. Mike Flood (R-Neb.) a

Compass, Inc. has added the high-profile Nancy Dauk team to its roster in Connecticut.Previously ranked as the top-producing team in Connecticut and the second-highest nationally at Brown Harris Stevens, the team brings decades of experience and deep local roots to Compass.The move represents a sign

A new survey by Guardian Service reveals that many first-time homebuyers regret buying a home and are grappling with unexpected costs and emotional stress, factors that often turn the dream of homeownership into a difficult reality.According to the report, 31% of first-time homebuyers experienced re

On Tuesday morning at the House of Representatives, the programs of the U.S. Department of Housing and Urban Development (HUD) were scrutinized during a House Financial Services Subcommittee on Oversight and Investigations hearing focused on “restoring accountability” at the department.Stephen Begg

As communities impacted by the devastation of Hurricanes Helene and Milton continue to pick up the pieces, the Federal Housing Administration (FHA) on Tuesday announced that it has further extended a moratorium on foreclosures and evictions for any FHA-financed single-family mortgages inside the des

Top New York City-based broker Kirsten Jordan and her team are making the move to Corcoran. On Tuesday, Jordan announced that she and her medium-sized team were leaving Douglas Elliman. “I am strategically evolving my team to continue thriving in today’s landscape,” Jordan said of her move. “Partner

Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior.Home Equity Conversion Mortgage (HECM) endorsements fell in March based on rate increases observed in the l

For those who are within five years of retirement — either those who are five years away, or who have recently entered — the market volatility being experienced today as a result of the White House’s embattled tariff policy are likely to endure challenges as they navigate the potential impacts of ma

Oralia Herrera, current president of NAHREP.Oralia Herrera’s journey from an 8-year-old immigrant and tenant in a Chicago apartment to newly appointed president of the National Association of Hispanic Real Estate Professionals (NAHREP) is one she wouldn’t change a thing about. Sworn in on March 26 d

Over the past few days on social media platform X — his public megaphone of choice — Federal Housing Finance Agency (FHFA) Director Bill Pulte this past weekend rescinded two orders rescinding previous policy with a focus on diversity, equity and inclusion (DEI) before offering public-facing comment

Government-sponsored enterprise (GSE) Fannie Mae has reportedly laid off as many as 700 employees, with 200 of the layoffs focused on members of the Telugu-speaking community over “irregularities” uncovered related to charitable donations.According to reports from outlets including TechStory, HRKath

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first?We have t

Florida housing markets are living out the old adage that “what goes up must come down.”The Sunshine State was one of the hottest pandemic destinations, as wealthy New Yorkers looked to Florida for more space and warmer weather. The result was scorching housing markets and skyrocketing prices.But th