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Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship

May 24, 2025 by bp56691
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.
Categories Conservatorship, Donald Trump, Fannie Mae, Freddie Mac, GSE Reform, Housing Market, HWmember, Mortgage Rates, Politics, Scott Bessent

GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring

May 23, 2025 by bp56691
GoodLife has launched a retail reverse mortgage division and is seeking out reverse mortgage professionals for it, the company announced.
Categories Ginnie Mae, Goodlife Home Loans, HECM, HMBS, HWmember, Retail Lending, Reverse

This Georgia homeowner went to war with her HOA—and won

May 23, 2025 by bp56691
In addition to the suit, residents have expressed concerns about escalating fines, lack of transparency, and threats to property rights.
Categories Atlanta, Georgia, HOA, Homeownership, HWmember, Lawsuit, Legal, Real Estate

HUD publishes new reverse mortgage counseling guidance

May 23, 2025 by bp56691
The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM “toolkit” for agencies.
Categories Counseling, FHA, HECM, HUD, HWmember, Reverse

Century 21 expands Colorado footprint

May 23, 2025 by bp56691
First Colorado Land Office, Inc. — established in 1973 — is now doing business as Century 21 Community First.
Categories Century 21, Colorado, HWmember, Mergers and Acquisitions, Real Estate

Howard Hanna disavows NAR’s Clear Cooperation Policy

May 23, 2025 by bp56691
In a letter sent to MLSs this week, Hoby Hanna told MLS executives that his firm does not feel that CCP is “binding”
Categories Clear Cooperation, Compass, Howard Hanna, Howard Hanna Real Estate Services, HWmember, MLS, national association of realtors, Real Estate

Trump’s GSE exit pursuit is complicated (and could be costly)

May 22, 2025 by bp56691
Removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike.
Categories Department of the Treasury, Donald Trump, Fannie Mae, Freddie Mac, GSE Reform, HWmember, Keefe, Bruyette & Woods, Mortgage, Regulatory, Trump Administration

Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage

May 22, 2025 by bp56691
Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage
While sharing a brand name with the previously introduced product, Kent said there are differences in features and opportunities to stand out.
Categories Liberty Reverse Mortgage, NRMLA, Onity Group, PHH Mortgage Corp, Reverse

Compass names Lacey Conway head of M&A

May 22, 2025 by bp56691
Lacey Conway joined Compass last year through its acquisition of Latter & Blum, where she had served as CEO for five years.
Categories Brokerage, Compass, HWmember, Mergers and Acquisitions, Real Estate, Robert Reffkin

With more inventory, where are home prices headed?

May 22, 2025 by bp56691
With more inventory, where are home prices headed?
Housing inventory is growing and returning to normal levels while sales remain depressed. But that doesn’t mean a big drop in home prices.
Categories Existing home sales, Home Prices, Housing Inventory, Housing Market, HWmember, national association of realtors
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