As HEI regulations expand, states debate loan classification
State HEI legislation is expanding as Maine sets standards, Illinois updates licensing and other states debate whether HEIs are loans.
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HouseAmerica Financial joins All Western Mortgage
HouseAmerica Financial joins All Western Mortgage, a $500M lender, as AWM targets $3B in 2026 funding and expands in California.
House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits
The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on VA refinance transactions.
Judge orders MRED to restore Zillow listing feeds in Chicago
Judge John Tharp Jr. granted Zillow’s injunction, restoring MRED IDX and VOW feeds after a cutoff affecting about 43,000 listings.
California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding
The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.
As retirement costs surge, more homeowners turn to their equity
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.
The MRED Zillow legal fight just hit agents and sellers directly
MRED cut Zillow and Trulia listing feeds amid an antitrust suit, pulling 40,000 listings after 9 were banned under Zillow display standards.
Rocket Mortgage, Rocket Pro adopt VantageScore 4.0
Rocket began using VantageScore 4.0 with Classic FICO, as FHFA pilots the model and lenders delivered $10 million in loans to Freddie Mac.
New brokerage Showings bets on buyer leads over listing commissions
Showings said its aims to modernize the selling experience through a fee-free structure “centered on savings, efficiency and buyer activity.”
Single-family housing starts fell in April, but multifamily gained momentum
April housing starts rose 4.6% year over year while single-family starts fell 2.4%, and new home inventory declined 4.6% from last year.