Florida-based non-QM lender A&D Mortgage announced Friday that it has acquired the wholesale and nondelegated correspondent lending businesses of Mr. Cooper Group. The terms of the deal have not been disclosed but it is expected to close by the end of March 2025.A&D reported that the two entities be

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week that the planned transition from a “tri-merge” credit model — requiring credit reports to be pulled from all three, major agencies — to a “bi-merge” model that would require only two will be tied to other, new cre

President Joe Biden is mere days away from leaving office, but his administration is taking one more shot at the real estate industry.The Federal Trade Commission (FTC) announced Thursday that it’s suing multifamily property manager Greystar for allegedly deceiving renters by adding mandatory fees t

Attom‘s year-end 2024 foreclosure report revealed that 322,103 properties in the U.S. had some type of foreclosure filing — default notices, scheduled auctions or bank repossessions — last year. The data solutions company also reported that in fourth-quarter 2024, one in every 1,671 properties had a

Longbridge Financial, one of the largest reverse mortgage lenders in the country, is currently embroiled in a lawsuit against competitor and Home Equity Conversion Mortgage (HECM) endorsement leader Mutual of Omaha Mortgage. Now Longbridge has filed a motion in court seeking to take down material it

Mortgage and property tax payments are not the only expenses that prospective homeowners need to consider. Homeowners associations (HOAs) are commonplace, and more of them are requiring owners to pay up, according to a survey by Realtor.com. Realtor.com’s report found that 40.5% of listings in 2024

A dedicated aging in place (AIP) program offered by the Oswego County Habitat for Humanity (OCHFH) in New York says it is seeing success by incorporating family, community and local resources to ensure older homeowners can remain where they prefer.“It’s been projected that, over the next 20 years, h

Many housing insiders often characterize the topic of housing as a bipartisan one that is somewhat insulated from the acrimony of more divisive issues during a historically polarized political era. This was mostly on display during the Senate confirmation hearing for Scott Turner to be the next secr

CoreLogic today announced preliminary residential and commercial loss estimates for the Eaton and Palisades Fires in Los Angeles, California totaling between $35 to $45 billion. As of today, both fires are less than 50% contained. CoreLogic says it will provide final insured loss estimates once the

Southern housing markets have dominated growth lists over the last few years, and a report by CoreLogic today shows Southern markets are still hot. Using growth indicators that measure upcoming construction and development, southern metros take eight spots in the top 10 list. The top three metros ar

The National Association of Realtors (NAR) and several other defendants are making another attempt at having the Hardy antitrust lawsuit dismissed.The defendants — which also include the Michigan Association of Realtors, The Grosse Pointe Board of Realtors, Greater Metropolitan Association of Realto

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. His statement on this, i

The National Association of Realtors (NAR) announced Wednesday that it has appointed Jarrod Grasso as its senior vice president of industry relations, a new position created to engage with state and local Realtor associations, in addition to individual Realtors. NAR’s reputation has been under attac

Tal and Oren Alexander are staying in jail.Along with Oren’s twin brother Alon, the two former luxury real estate brokers were denied bond Wednesday on the federal sex trafficking case against them. The three brothers allegedly engaged in a scheme to systematically drug and rape dozens of women dati

Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled poten

It may be a new year, but Howard Hanna Real Estate Services is picking up right where it left off. On Wednesday, the family-owned brokerage announced its acquisition of Ohio-based Home Experts Realty.Founded in 2011, Home Experts Realty has grown to nearly 400 agents. The financial terms of the deal

As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But most still have plans to purse home renovations — and younger generations are leading this new focus on home improvement.Emmy Award-winning home improvement platform This Old House conduct

Technology has a lot of potential to assist older people with the goal of aging in place. A new study from AARP and the Consumer Technology Association (CTA) aims to make the case by arguing that tech can empower independence.Combining the work of a quantitative study from CTA and qualitative resear

What will happen to housing supply in the wake of the fires still burning in the LA area? Firefighters continue to battle the blazes that have already burned some 40,000 acres and killed at least 25 people, as of Wednesday. There are about 82,400 people in Los Angeles County that are still under eva

An Elkhart, Indiana, resident who is a beneficiary of U.S. Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. 31 after disclosing on a form that he had ingested marijuana a single time, according to local reporting by a South Bend-based NBC affiliate.