The Fed’s monetary policy is stifling new construction
Since mortgage rates have headed higher again, I was anticipating that today’s housing starts report would be the last decent print before the effects of higher mortgage rates hit the builders, but even this report was disappointing. We had a good few months of positive builder confidence data for t
Read MoreRuoff Mortgage teams with Calque on ‘buy before you sell’ offering

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Ruoff Mortgage is teaming up with fintech company Calque to offer two “buy before you sell“ programs to customers. The Trade-In Mortgage and the Contingency Buster will be available to
Read MoreFHLBanks respond to FHFA report on affordable housing investments

The Council of Federal Home Loan Banks (FHLBanks) lauded this week’s release of a report from the Federal Housing Finance Agency (FHFA), which highlighted the banks’ growth in support of affordable housing and community development efforts in 2023.The report detailed FHLBanks’ activity across severa
Read MoreLawmakers, MBA call out FICO for potential price hikes

A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe Biden, urging him to direct the U.S. Department of Justice (DOJ) to investigate the pricing practices of Fair Isaac Corp. (FICO)’s credit reports.The letter also encourages the president to direct
Read MoreWhat should other brokerages glean from Howard Hanna’s commission lawsuit dismissal?

Real estate professionals will be looking to the recent decision in the Moratis commission lawsuit as they seek clarity on the outcomes of related cases. (Image generated by AI in Midjourney)In the nearly 12 months since a Missouri jury found the real estate industry liable for colluding to artifici
Read MoreThe 7 best real estate lead generation websites for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.According to the National Association of Realtors (NAR), 96% of homebuyers use the internet in their home search. It’s now more crucial than ever to optimize
Read More7 tips for high-converting real estate landing pages (+ examples that work)

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.As a professional marketer, your real estate landing pages are one of your most valuable lead generation assets. Get them right, and your ROI from paid leads
Read MoreBrenda Hedeen joins Canopy Mortgage as CFO

Former Open Mortgage executive Brenda Hedeen has been hired by Utah-based Canopy Mortgage as its new chief financial officer. “I was delighted when they reached out as I’ve had my eye on this group for years … they have it all: Techcentric, innovative, cost-effective, amazing culture, truly transpar
Read MoreGuild hires Nora Guerra as SVP of community lending solutions

Guild Mortgage announced on Thursday that it has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its senior vice president of community lending solutions.A mortgage industry veteran with over 25 years of experience, Guerra has recently served as senior manager of national a
Read MoreFHFA says Federal Home Loan Banks have offered more support to affordable housing efforts

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA).The report detailed FHLBanks’ activity across several programs that include the Affor
Read MorePrices for FICO scores are predicted to rise — again — in 2025

Wall Street investors and analysts forecast that mortgage credit-score costs will rise in 2025 as lower interest rates may drive an increase in home loan applications. Fair Isaac Corp. (FICO), the company that retains the rights to the market’s widely adopted consumer credit-risk assessment methodol
Read MoreThe Agency lassos two Dallas-area luxury agents

The Agency founder Mauricio Umansky doesn’t think that the game of “musical chairs” that is agent recruiting is good for the real estate industry, but this week his company can tally a win.Dallas-based luxury real estate agents Courtney Michalek and Andrea Childress have joined The Agency to bolster
Read MoreNorth Carolina Regional MLS is buzzing about its rebrand to Hive MLS

The North Carolina Regional Multiple Listing Service (NCRMLS) is making a move to foster connectivity between real estate agents and consumers.NCRMLS — a wholesale cooperative MLS founded in 2016 — has announced its plans to rebrand to Hive MLS in conjunction with Hive Solutions. Hive MLS will charg
Read MoreHMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in fiscal year 2025 while also highlighting elements of progress made since the release of a prior report
Read MoreNBC News highlights rising costs of elder care, aging in place

A record number of Americans are set to reach age 65 this year, which has put more of a spotlight on the ballooning costs and the increasing desires for older Americans to age in place in their current homes.The issue received attention earlier this week on NBC Nightly News with Lester Holt, a major
Read MoreNorth Carolina homeowners impacted by Helene may avoid federal buyouts: Politico

Following the ravages of Hurricane Helene in the western region of North Carolina, federal programs designed to assist impacted homeowners with property buyouts and relocation assistance may not have much interest. This is according to local officials who spoke with Politico.Zeb Smathers, the mayor
Read MoreBuilders continue shift to condos and townhomes amidst affordability crisis

Five Star Real Estate’s Paul Carlson offers key tips for leadership and succession planning

In this week’s episode of the RealTrending podcast, host Tracey Velt sits down for an informative conversation with Paul Carlson, the president of Five Star Real Estate. Carlson explores his early career journey, including insights into how he grew the brokerage. He also explores key lessons he lear
Read MoreThe mortgage M&A playbook

Speakers:Dan Snyder, CEO & Co-Founder at LowerBrett Ludden, Managing Partner at Sterling Point AdvisorsDan Hanson, Executive Director, Enterprise Partnerships & Acquisitions at loanDepotJames Kleimann, Managing Editor at HousingWire
Read MoreCorrespondent lending: What’s in store for the future?

In this session, experts will discuss mini-corr challenges and opportunities going into 2025, including whether the channel will continue to see market share growth and the latest on warehouse lender risks.Speakers:Nate Clear, President at First FundingWade Betz, Head of Correspondent Lending at Mpi
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