HUD secretary Turner holds town hall, says there are ‘two genders’

Freshly confirmed and sworn in, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner held his first town hall with department staff as the Trump administration’s housing leader.He used the brief proceeding to thank the department’s staff, to praise his Trump-era predecessor
Read MoreRealtor.com moves headquarters to Austin

Realtor.com is the latest company to leave sunny California for the Texas hill country.The company announced this week that it’s relocating from Santa Clara to Austin with the goal of making Austin its primary pipeline for hiring talent, with more investments in that coming.Realtor.com says that the
Read MoreNewrez parent Rithm Capital posts 57% profit growth in 2024

Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.In its fourth-quarter and full-year 2024 earnings report released Thursday, New
Read More83 real estate quotes to inspire, motivate & empower you to achieve your career goals

Whether you grew up dreaming of a career in real estate or journeyed into it, it’s important to prepare yourself for the challenges of this career. I happen to be one of the kids who actually dreamed of working in real estate. My grandfather was a builder and owned and managed several properties him
Read MoreLongbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

Deadlines in a lawsuit and countersuit stemming from allegations of deceptive reverse mortgage marketing practices have been pushed out one month to the end of March and mid-April, respectively, as all parties in the case advocate for more time. This stems from a preliminary injunction request filed
Read MoreTennessee official, citing property tax relief, notes more interest in reverse mortgages

Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. But certain tax deferral options available to seniors and veterans should be employed if necessary, according to a Tennessee county official
Read MoreJudge halts deadline for White House ‘buyout’ of federal workers

A federal judge in Massachusetts has paused the Thursday deadline for the White House’s “fork in the road” offer to federal workers, temporarily pushing it to at least Monday afternoon when a hearing is scheduled.The offer, which came in an email from the Office of Personnel Management (OPM), said t
Read MoreIf the GSEs exit conservatorship, what’s the impact on mortgage servicers?

The Trump administration is expected to try to remove the government-sponsored enterprises (GSEs) from conservatorship, but it probably won’t be fast and it probably won’t be without considerable strife.At the Mortgage Bankers Association (MBA)’s Servicing Solutions Conference & Expo in Dallas on Th
Read MoreElizabeth Warren urges White House to ‘unfreeze’ CFPB

The Consumer Financial Protection Bureau (CFPB)’s staff on Monday were ordered to stop working by the bureau’s new acting director, U.S. Treasury Secretary Scott Bessent. But Sen. Elizabeth Warren (D-Mass.), ranking member on the Senate Committee for Banking Housing and Urban Affairs, is urging Bess
Read MoreREsides announces partnership with proptech platform Rayse

REsides, which bills itself as an online, “borderless” MLS — announced Thursday that it’s partnering with startup proptech platform Rayse. REside members will have early access to the platform and all of its communication-focused features.The Rayse platform is designed to make agent-client relations
Read MoreSean Soderstrom’s Vision for Optimizing Recruiting, Retention, and Performance

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.Sean Soderstrom, co-founder and CEO o
Read MoreMortgage servicers plan for a de-fanged CFPB

Here’s a hypothetical scenario: Let’s say the staffers at the Consumer Financial Protection Bureau (CFPB) remain forbidden to work until Jan. 21, 2029. What would the mortgage servicing regulation landscape look like?At the Mortgage Bankers Association‘s Servicing 2025 Expo in Dallas on Wednesday, t
Read More28 real estate niches brimming with potential

Become the go-to expert in one of these real estate niches and parlay your expertise into a more lucrative and satisfying career. While casting a wide net can sometimes be a helpful strategy, you set yourself up to compete with every agent vying for the same listings and buyer clients. By becoming h
Read MoreWhat awaits new HUD Secretary Scott Turner?

Scott Turner, President Trump’s nominee for Secretary of the U.S. Department of Housing and Urban Development (HUD), was confirmed today by the U.S. Senate by a vote of 55-44 and was sworn in as the 19th HUD secretary, taking the helm of the sixty-year-old agency at an extraordinary time.The challen
Read MoreBetter announces ‘Better Forever’ borrower loyalty program

Digital mortgage lender Better on Wednesday announced the launch of a loyalty program dubbed “Better Forever.”The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019,
Read MoreHECM endorsements, HMBS issuance see relatively little movement to start 2025

The reverse mortgage industry was more than ready to turn the corner from the tumult of 2024. And the first month of 2025 brought technical positivity in key performance metrics while still remaining relatively unchanged overall.Home Equity Conversion Mortgage (HECM) endorsements increased by 0.6% f
Read MoreFamily caregivers who support older relatives are on the rise due to aging-in-place preferences

The number of family caregivers who support older relatives in either home-based or residential care settings increased by 32% between 2011 and 2022 — a sharp rise that can be attributed to an increase in the number of caregivers living with recipients. Researchers also say this could be partially t
Read MoreForeclosures are drying up — and it’s showing in sales data

Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.California-based Auction.com publish
Read MoreRedfin: Single people struggle the most in today’s housing market

Expensive mortgages, rents and other housing expenses are already challenging for many Americans. But facing things alone presents a bigger challenge for single individuals, according to a report released Wednesday by Redfin.The report from the Seattle-based real estate brokerage highlighted househo
Read MoreNew college grad earns $565K using these two key strategies

The formula for success in real estate couldn’t be more straightforward. Do simple things every day — and do them 10% better than the average agent. Fancy fails. Simple scales. Why only 10% better and not 60% better? Let’s not sugarcoat reality. Seventy percent of Realtors in your market are terribl
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