West Coast MLSs form partnership to share listings data

Three multiple listings services (MLSs) on the West Coast have formed a strategic partnership that will expand the reach of their real estate listings.California’s MetroList, the Northern Nevada Regional MLS (NNRLMS) and Oregon Data Share (ODS) will share real-time data, market insights and transact
Read MoreHUD announces launch of DOGE task force, targets AFFH rule

The U.S. Department of Housing and Urban Development (HUD) on Thursday officially announced the launch of a task force that will collaborate with billionaire Elon Musk’s “Department of Government Efficiency” (DOGE), which currently operates out of the White House.The task force is designed to “revie
Read MoreHUD to cut 50% of its workforce in latest Trump purge

The U.S. Department of Housing and Urban Development (HUD) is the latest housing agency to be targeted by the Trump administration’s cost-cutting efforts. On Thursday night, Bloomberg Law reported that HUD’s union president told the publication that HUD plans to “discharge 50% of its workforce.”“Ant
Read MoreHow to get listings in real estate — 12 proven strategies for 2025

A steady stream of buyer clients will pay the bills and then some, but working with seller listings will propel you to great success in the real estate industry. Why? Because people are coming to you to purchase the property rather than you chasing them. However, making the leap from working primari
Read MoreWisconsin Republicans seek to expand state’s low-income housing tax credit

Two Republican members of the Wisconsin Legislature are seeking to expand the scope of the state’s low-income housing tax credit (LIHTC) program while also aiming to target more than one-third of its credits to the state’s rural areas. This is according to reporting at WisBusiness.The state-based LI
Read MoreAs White House scrutinizes HUD programs, union leaders offer a waste target

The White House has reportedly solicited information from staff at the U.S. Department of Housing and Urban Development (HUD) to justify the existence of various contracts. According to reporting by NPR, a spreadsheet was sent to employees, asking them to assess the importance of contracts, whether
Read MoreUWM partners with Sphere LOS on a direct integration for brokers

In a Wednesday afternoon LinkedIn post by chief technology officer Jason Bressler, United Wholesale Mortgage (UWM) announced that it’s partnering with Sphere LOS to provide its first direct integration with the broker community.Bressler’s post offered reasons for the partnership. He noted that Spher
Read MoreExecutive shakeups continue at Douglas Elliman

The C-suite shakeups at Douglas Elliman are still going. Last week, an internal memo informed Douglas Elliman agents and employees that Stephen Kotler was stepping down as the CEO of the brokerage’s western region, as first reported by The Real Deal. Kotler will remain at the firm, joining his son M
Read MoreKiavi lands another $300M in its latest RTL securitization

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs).As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8
Read MoreLawyers say Alexander brothers haven’t paid them, withdraw from Side lawsuit

Lawyers who were representing Tal and Oren Alexander in Side’s breach of contract lawsuit against the defunct brokerage Official Partners are no longer working with them.In conjunction with court filings on Wednesday related to the appeal of a previous ruling, Michael Betz of Allen Matkins is listed
Read MoreLiberty Reverse parent touts reverse MSRs as ‘natural hedge’

Financial services company Onity Group, the parent company of PHH Mortgage Corp. and top 10 reverse mortgage lender Liberty Reverse Mortgage, highlighted the financial performance of its reverse mortgage division as a hedge on forward originations and touted the ongoing performance of its servicing
Read MoreHousing supply hits five-year high, but buyers aren’t playing ball

Nationwide housing inventory showed a glimmer of recovery toward the end of 2024. But these new listings aren’t attracting buyers, and pending home sales dropped 4.2% month over month in January.That finding comes from two Redfin reports released on Thursday. Each tell similar stories, albeit from d
Read MoreThe price of independence is rising as the 'singles tax' tops $7,500

Could government funding scrutiny come for reverse mortgage programs?

Housing leaders are naturally interested in knowing how recent cost-cutting efforts by the federal government could be focused upon the U.S. Department of Housing and Urban Development (HUD) and its wide array of programs, including reverse mortgages.In the first Trump administration, housing offici
Read MoreLegal experts weigh in on the CFPB and the future of regulation

The Consumer Financial Protection Bureau (CFPB) may have yet another new director in Jonathan McKernan, but the bureau is still effectively shut down thanks to actions taken by McKernan’s two most recent predecessors, Scott Bessent and Russell Vought, who both served as acting director. While enforc
Read MoreOne in 10 ‘gray divorce’ couples finance split with housing wealth

New data from U.K.-based financial services firm Legal & General shows that as many as 11% of all couples over the age of 50 use their real estate wealth — either through the proceeds of a home sale or a home equity release product — to finance the costs of divorce.“The research, which explored the
Read MoreRedKey Realty Leaders expand in St. Louis with addition of Circa Properties

RedKey Realty Leaders, an independent agency based in St. Louis, recently announced a major expansion move. The company added Circa Properties, another boutique brokerage with a strong local presence, but the merger is more about alignment than anything else, according to RedKey leaders.RedKey Realt
Read MoreJulie Kheyfets on home renovation trends: Demand is approaching 2022 levels

In this week’s episode of the Top of Mind podcast, host Mike Simonsen is joined by Block Renovation CEO Julie Kheyfets. The duo explore current and upcoming trends in the home renovation market.This interview has been edited for length and clarity. To start the conversation, Simonsen and Kheyfets di
Read MoreNevada governor urges Legislature to encourage release of federal land for housing

Gov. Joe Lombardo (R) of Nevada submitted a letter this week to the state Senate’s majority leader and assembly speaker, urging the Legislature to adopt a resolution that would push for more control of the state’s federal land to build homes. “Since taking office, I have heard time and again the dra
Read MoreloanDepot enhances home equity access with two new product options

California-based mortgage lender loanDepot on Wednesday announced the expansion of its equityFREEDOM portfolio to provide nearly 50 million U.S. homeowners with access to their tappable home equity.The expansion adds 10- and 30-year fixed-term options to the company’s existing 20-year fixed-rate hom
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