A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period.Released late last year, the study examined three core ele

As the U.S. and much of the world will have to reckon with a population that is growing older at a faster rate, governments are determining the best courses of action to deliver on age-related initiatives. To that end, the U.S. Department of Health and Human Services (HHS) has delivered a strategic

The Consumer Financial Protection Bureau (CFPB) is creating a public database to identify nonbank financial companies that violate consumer laws, aiming to avoid recidivism trends.  On Monday, the U.S. consumer financial watchdog announced that it finalized a rule establishing the new registry. It r

Mortgage rates decided to bounce back into the 7s this week. We can see an impact in that immediately as home sales are slowing down. These are the homes that go into contract immediately after listing. We also see new pending sales slowing and price reductions ticking up.The most notable thing in t

MoxiWorks, a real estate technology platform for agents, announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. Baur will remain on the company’s board of directors.Elfman will lead all aspects of the company. His focus will be ”improving the agen

Voters in the state of California will not be voting on an amendment to their state constitution this fall that would’ve removed a controversial public housing provision from the governing document, according to lawmakers who spoke with Politico.Article 34, a provision in the California Constitution

Keller Williams Realty has launched a real estate assistant that is powered by generative artificial intelligence (AI) and is trained on the company’s proprietary models, systems, books and training resources. “We are thrilled to bring this AI-powered tool to agents and look forward to its transform

More than nine in 10 adult members of Generation Z say that housing affordability is a key factor when deciding who to vote for in the upcoming U.S. presidential election, making it the top issue for that cohort as it prepares to go to the polls. This is according to a report released Monday by Redf

The cyberattack that crippled First American Financial‘s systems in late December affected a total of 44,000 individuals, according to filings submitted to regulators on Friday. In an 8K disclosure submitted to the Securities and Exchange Commission (SEC), the title insurance firm said the company’s

HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a rapidly-evolving landscape. Their innovative campaigns have

Mortgage rates have been a bit more volatile recently due to hawkish Federal Reserve statements and inflation data, which has impacted some of the recent movement in the 10-year yield. But now we have the big jobs week coming up! So, what does this all mean for the housing market and the future of m

May marks National Small Business Month in the U.S., an opportunity to recognize and promote the work of small businesses and their contributions to the economy. While often overlooked, small businesses are the economic backbone of this country, creating jobs and generating revenue across the U.S. N

A new report from the Government Accountability Office (GAO) concluded that while institutional investors may have contributed to rising home prices since 2009, the actual impact they have had on homeownership opportunities is more difficult to assess.Large institutional investors typically emerged

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration.Since announcing their new CEO last year, Rocket has revealed more of its strategy through first-ever leadership positions that all ca

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration.Watch the full session below. To go back to the full Gathering 2024 on demand page, go here.Speakers:Kevin Sears, President, National

Open the door to the most powerful room in housing. Join us at The Gathering 2025 in Denver, CO, June 8-11. Go here to lock in special pricing with your registration.Andy Florance performed magic with Apartments.com, turning it into a “40-something percent margin” business, according to Florance. Wh

Vacant residential homes, also known as “zombie properties,“ continue to represent a small portion of the U.S. real estate market, allaying fears of a foreclosure crisis following the end of pandemic-initiated moratoriums. Data released Thursday by Attom in its second-quarter 2024 Vacant Property an

Next week, I’m onboarding a new senior team member at HousingWire. This new leader will be taking over a function that I’ve been leading for quite awhile. I’m excited for the new energy, creativity and skills, and I’m giving a lot of thought on how to set up a new manager for success. Through the le

Ginnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed securities (MBS), announced this week at a National Reverse Mortgage Lenders Association (NRMLA) event that it will release initial details of its forthcoming Home Equity Conversion Mortgage-backed S

Mortgage lenders First Financial Lending and Greystone Mortgage filed a class-action-seeking lawsuit this week accusing credit reporting agency Equifax of maintaining a monopoly in the market for electronic income and employment verification (VOIE).   The case is tied to a strong increase in the cos