The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2025 Rising Stars Award are open now through February 28, 2025. Click here to nominate.The mortgage industry is undergoing r

Mark Calabria is the latest addition to the leadership roster at the Consumer Financial Protection Bureau (CFPB), despite the bureau’s near shutdown. Calabria, director of the FHFA in President Trump’s first term, will be serving a key role at the CFPB until Jonathan McKernan is confirmed as the per

The newest senior leaders of the Consumer Financial Protection Bureau (CFPB) might not be anticipating long-term employment.Jeffrey Clark was appointed as senior advisor to Mark Paoletta, the CFPB’s new chief legal officer. Both had a tenure at the Center for Renewing America, a conservative think-t

Staffing cuts at Ginnie Mae could table or delay the rollout of a complementary reverse mortgage securities program announced last year, according to an interview with a former Ginnie Mae official who requested anonymity out of fear of retaliation and reports of staff cuts by multiple outlets.But a

The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they

If a rumored large-scale layoff at the Federal Housing Administration (FHA) occurs, it could result in major damage to key programs that mortgage lenders and investors rely on, such as project-based rental assistance, Section 202 and even financial losses to the national mortgage insurance fund.This

Three civil rights nonprofits including the National Fair Housing Alliance have filed a lawsuit against President Donald Trump and his administration for allegedly violating the First and Fifth Amendments with three executive orders Trump signed in January related to diversity, equity and inclusion

Real estate closing platform Qualia announced on Wednesday a series of security upgrades to its platform. These enhancements are exclusive to Qualia’s Shield solution, a wire fraud detection system designed for title and escrow professionals.The upgrades start with added protection for low-risk wire

A viral Instagram post this week claims that a wave of new inventory is hitting the Washington, D.C., housing market after large numbers of federal employee layoffs were announced. Bright MLS has addressed these claims this week with relevant data.Social media posts suggest that more than 4,000 home

Denver-based loan originator Chris Franquemont announced on Wednesday his return to Guaranteed Rate as producing branch manager. His return follows a brief stint with CrossCountry Mortgage.Chris FranquemontFranquemont returns to Guaranteed Rate after a one-year stint as CrossCountry Mortgage’s senio

Want to close more deals? Then you can’t rely solely on your sphere of influence and networking to meet new clients and build your pipeline. Our team of experienced real estate agents reviewed the top real estate lead generation companies to help you get more real estate leads. These lead gen compan

On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts.The request from State Farm involved insurance rate increases that would have gone into effect on May 1, 2025. The proposed in

Reverse mortgage industry conferences are often seen as an effective way for professionals to meet up, discuss best practices from across their markets and assess the regulatory environment at entities like the Federal Housing Administration (FHA) and within the states.Occasionally, U.S.-based rever

As the 2025 spring homebuying season approaches — and the tone is set for what the rest of the year could look like — the long-term costs of a home loan are inching lower even as fears of inflation, unemployment and tariffs loom large.HousingWire’s Mortgage Rates Center showed that 30-year fixed rat

The oldest baby boomers are poised to turn 80 years old this year, which could bring the market of dedicated senior housing from a place of oversupply to a shortage. This is according to a report published this week by the Wall Street Journal.The projected aging of the U.S. population shows that by

Gary Keller, Jay Papasan and Jason Abrams took to the stage at the KW Family Reunion on Tuesday to discuss the housing market and current economic trends as they do every year. But while the three Keller Williams executives did their usual forecasting for the year, they also acknowledged far more ro

A bill that has been introduced multiple times to the Illinois Legislature since 2020 is poised for a new revival as the state continues to seek ways to address its shortage of affordable housing stock, according to reporting by Northern Public Radio.The Build Illinois Homes Tax Credit Act, first in

Homebuyers can purchase properties in full with cash, eliminating the need for a mortgage application. But last year, only one-third of buyers purchased homes with cash, representing a three-year low point.In total, 700,445 homes in 2024 were purchased with cash, which is down from 760,914 in 2023.R