• Qualia launches Bank Partner Network for title company customers

    Qualia launches Bank Partner Network for title company customers,Brooklee Han

    Real estate software provider Qualia is looking to improve how it serves its title company customers. On Tuesday, the firm announced the launch of the Qualia Bank Partner Network.The banks in the network include BankUnited, Capital Bank, Citizens, Encore Bank and Emigrant Bank. Through the network,

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  • West Penn MLS, Howard Hanna dismissed from Moratis commission lawsuit

    West Penn MLS, Howard Hanna dismissed from Moratis commission lawsuit,Brooklee Han

    West Penn MLS finally got its way in the Moratis commission lawsuit. Despite having opted into the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR), Judge William S. Stickman IV, who is overseeing the Moratis suit in the Western District of Pen

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  • Reverse mortgage leaders praise FHA engagement, back-end improvements

    Reverse mortgage leaders praise FHA engagement, back-end improvements,Chris Clow

    Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged by the engagement of the Federal Housing Administration (FHA) on matters related to the Home Equity Conversion Mortgage (HECM) program, as well as attention to back-end loan issues from Ginnie M

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  • Despite challenges, dementia patients and caregivers prefer to age in place

    Despite challenges, dementia patients and caregivers prefer to age in place,Chris Clow

    Despite additional challenges that may come with caring for an older person afflicted with dementia, both patients and their caregivers would prefer to age in place within the home of the patient.Both parties cite a desire to preserve the patient’s independence, and to avoid both concerning stories

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  • MoxiWorks poaches two more Onit veterans for leadership roles

    MoxiWorks poaches two more Onit veterans for leadership roles,Jeff Andrews

    The Onit takeover of MoxiWorks appears to be ongoing, as the real estate technology firm has hired two more veterans from Onit to serve in leadership roles.Ben Tao was hired to be the company’s first chief marketing officer, while Jackson Mayes will join as chief of staff. The pair come to MoxiWorks

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  • Housing market recovery threatened by mortgage rate pop

    Housing market recovery threatened by mortgage rate pop,Mike Simonsen

    Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. Ironically, a strong employment situation in the country drives the bond market to higher rates. After the recent lows with mortgage rates th

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  • MBA, other stakeholders team up to address racial homeownership gap

    MBA, other stakeholders team up to address racial homeownership gap,Chris Clow

    The Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential solutions for closing the racial homeownership gap.The new initiative comes in the form of a group called the “CONVERGENCE Col

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  • Opendoor hires C-suite leaders in finance, technology roles

    Opendoor hires C-suite leaders in finance, technology roles,Jeff Andrews

    In time for a fall homebuying season that could be busier than usual due to lower mortgage rates, Opendoor has made appointments to a pair of vital roles.The company announced that it has named Selim Freiha its chief financial officer, while Shrisha Radhakrishna assumes the title of chief technology

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  • MBA promotes pair to bolster affordable housing, DEI initiatives

    MBA promotes pair to bolster affordable housing, DEI initiatives,Kennedy Edgerton

    The Mortgage Bankers Association (MBA) has announced two promotions within its leadership team. The trade group named Wendy Penn as vice president of affordable housing initiatives and Amber Lawrence as vice president of diversity, equity and inclusion (DEI). Penn and Lawrence join 12 other women on

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  • Home purchase sentiment hits highest level in two years

    Home purchase sentiment hits highest level in two years,Flávia Furlan Nunes

    Consumer confidence toward purchasing a home increased in September to its highest level in more than two years due to the expectation of lower mortgage rates, according to Fannie Mae’s Home Purchase Sentiment Index (HPSI).  But that’s only an early sign that the market is shifting. Due to the expec

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  • eXp settles commission lawsuits for $34 million

    eXp settles commission lawsuits for $34 million,Brooklee Han

    The top brokerage in the country by transaction side count, eXp Realty, has settled the commission lawsuits.The parent company of eXp Realty, eXp World Holdings, announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC). According to the filing, the firm offici

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  • Rocket hires Venmo CTO Papanii Okai to lead product engineering efforts

    Rocket hires Venmo CTO Papanii Okai to lead product engineering efforts,Flávia Furlan Nunes

    Rocket Companies tapped Papanii Okai, who previously served as chief technology officer at Venmo, as its executive vice president of product engineering.Okai’s hiring, effective Monday, is the latest in a string of hires to the Detroit-based lending company’s executive team since Varun Krishna becam

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  • Have higher mortgage rates already reversed housing demand?

    Have higher mortgage rates already reversed housing demand?,Logan Mohtashami

    The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2% move lower since the highs of 2023 without rate cuts, as the bond market always gets ahead of the Fed. Since the Fed rate cu

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  • How to get (or renew) your NMLS license in 2024

    How to get (or renew) your NMLS license in 2024,Kennedy Edgerton

    Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Whether you’re looking to launch a new career or renew your NMLS license before the end of the year, we’re here to help. In this article, we’ll give you some

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  • Anywhere’s Sherry Chris talks brand building, crisis management with the ‘Real Estate Insiders’

    Anywhere’s Sherry Chris talks brand building, crisis management with the ‘Real Estate Insiders’,Kennedy Edgerton

    This week on the “Real Estate Insiders Unfiltered“ podcast, hosts James Dwiggins and Keith Robinson sit down with Sherry Chris, executive adviser at Anywhere Brands, and the former CEO of Better Homes and Gardens Real Estate. The episode dives deep into Chris’ background and includes key insights in

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  • FHA commissioner, HUD counseling head on serving seniors with reverse mortgages

    FHA commissioner, HUD counseling head on serving seniors with reverse mortgages,Chris Clow

    Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and Urban Development (HUD), returned to this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meet

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  • Shareholders sue eXp over alleged mishandling of sexual assault cases

    Shareholders sue eXp over alleged mishandling of sexual assault cases,Brooklee Han

    Shareholders at eXp World Holdings, the parent company of eXp Realty, are unhappy about the recent spate of lawsuits and media coverage the firm has received regarding allegations of sexual assault and harassment.On Wednesday, the Los Angeles City Employees’ Retirement System (LACERS) and the Buildi

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  • Jobs report sends mortgage rates higher

    Jobs report sends mortgage rates higher,Logan Mohtashami

    Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has. However, it works both ways. Recently, I’ve written that mortgage rates may have bottomed for 2024 becau

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  • Survey: Real estate and mortgage pros cautiously optimistic about housing market

    Survey: Real estate and mortgage pros cautiously optimistic about housing market,Tracey Velt

    The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. The quarterly survey gathered responses from three groups: real estate brokerage leaders,

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  • Senior-held home equity jumps to $14T in Q2

    Senior-held home equity jumps to $14T in Q2,Chris Clow

    Homeowners 62 and older saw their collective home equity levels rise in the second quarter of 2024 by roughly $600 billion, increasing to a total of $14 trillion and continuing a streak of forward momentum observed in the first quarter.This is according to the Reverse Mortgage Market Index (RMMI), a

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