Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.One of the most common complaints I hear from new agents is that there just aren’t enough hours in the day. My advice is always the same: you don’t need more

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Watch any of the glamorous pseudo-reality real estate shows on TV, and you might be tempted to become a part-time real estate agent. There’s a ton of money t

Dominic Iannitti, a veteran mortgage technology leader who founded DocMagic and served as its CEO, died July 18, according to a company announcement on Monday.Iannitti, 60, died due to complications from pneumonia. He founded DocMagic in 1987 alongside Pat Theodora, his chief financial officer, who

Last April, Erik Morin made a return to the reverse mortgage valuation space by joining appraisal and valuation company Atlas VMS. Morin founded Landmark Network in 2007, a company that quickly became a key player on the valuation side of the reverse mortgage space before being acquired by Class Val

Since starting his career in the real estate industry more than five decades ago, Dave Liniger, the co-founder of RE/MAX, has seen and experienced quite a bit of change and innovation. While the emergence of technology tools is not new to the industry, the latest wave of artificial intelligence (AI)

The consumer purchasing power of U.S. Social Security program benefits in 2024 is roughly 80 cents on the dollar when compared to the power of these benefits in 2010, illustrating the continued bite that inflation is having on American households as well as the diminished buying power of those livin

Anyone wondering who would take Joe Biden’s spot on top of the Democratic presidential ticket should he drop out got an answer within mere hours of Biden’s long-anticipated withdrawal — Kamala Harris.Democrats in office and the party’s elder statesmen and stateswomen quickly endorsed Harris, includi

Mortgage rates have come down with recent positive inflation news. However, they are still higher than they were six months ago. I think rates are on the verge of going lower. Will consumers respond? I expect that mortgage rates under 6.75% and moving towards 6.5% will shake homebuyers into action,

The U.S. Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homeles

In a recent episode of “Ten Minute Talks,” HousingWire President Diego Sanchez and Alita Group President Stacy Mestayer discussed an alternative option to title insurance.Mestayer started her career in corporate law before founding the Alita Group, which began as a technology company and eventually

President Joe Biden announced Sunday that he is stepping out of the race for reelection. This follows a disastrous debate performance three weeks ago that spurred high-level calls from his own party to step aside. In a letter posted on X on Sunday, Biden put an end to rumors and speculation that hav

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates, we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A.Low inventory has plagued the housing market since the pandemic, plummeting

Howard Hanna Real Estate Services is looking to “streamline the home-buying process.” On Thursday, the family-owned real estate firm announced that it was launching its “Buy & Borrow Bundle” program, which it said offers “comprehensive support and financial incentives that cater to the unique needs

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “HMBS 2.0.”The new term sheet details several differences from the curre

Julia Gordon, the commissioner of the Federal Housing Administration (FHA) and a leading voice at the U.S. Department of Housing and Urban Development (HUD), will be returning for the third consecutive year to the National Reverse Mortgage Lenders Association‘s (NRMLA) Annual Meeting and Expo that w

In a recent segment of CNBC’s “Worldwide Exchange,“ HousingWire lead analyst Logan Mohtashami and anchor Frank Holland dive into last week’s spike in mortgage applications as well as housing permit levels. According to recent data from the Mortgage Bankers Association, mortgage applications for new

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.”This is the conclusion of a new report published by the Center f

They say everything is bigger in Texas — and apparently that includes housing inventory growth.While available homes for sale are growing all over the country, it’s happening at a dramatic scale in Texas. According to a second-quarter 2024 report from Texas Realtors, the number of active listings fr

The Federal Housing Administration (FHA) on Friday announced that its FHA Connection (FHAC) portal — which provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S. Department of Housing and Urban Development (HUD) — has experienced outages in cert