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Trump administration eyes deep cuts to Section 8 housing vouchers

April 18, 2025 by bp56691
According to The New York Times, the Trump administration is considering dismantling existing aid and replacing it with state-run grants.
Categories Government Lending, Housing Market, HUD, HWmember, New York Times, Politics, Rental Assistance, Trump Administration, White House

NRMLA announces 2025 western, annual meeting details

April 18, 2025 by bp56691
NRMLA announced the date and location of its 2025 annual meeting, and some preliminary details of its April Irvine event.
Categories California, HWmember, Minneapolis, NRMLA, Reverse

The typical homeowner saw their property tax bill rise 2.7% last year

April 18, 2025 by bp56691
Attom said the average tax bill rose to $4,172, up 2.7% from 2023. That increase was smaller than the 4.1% hike seen the year before.
Categories Affordability, Attom Data Solutions, Data & Visuals, Home Prices, Housing Market, Housing Market Data, Property Tax

The CFPB announces sweeping job cuts: up to 90% gone

April 18, 2025 by bp56691
An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles
Categories CFPB, HWmember, Mortgage, Mortgage and Housing Layoffs, Regulatory, Trump Administration

DOGE places entire staff of homelessness agency on leave

April 17, 2025 by bp56691
The U.S. Interagency Council on Homelessness has reportedly placed its staff on administrative leave at the behest of DOGE, reports said.
Categories DOGE, Homelessness, HUD, HWmember, Politics

Lawyers at major firm sound off on reverse mortgage issues

April 17, 2025 by bp56691
Lawyers at a major firm break down some common litigation and themes they’ve seen in cases involving reverse mortgages.
Categories FHA, HECM, HUD, HWmember, Reverse

Alexander brothers settle breach of contract lawsuit with Side

April 17, 2025 by bp56691
Side and Official Partners settled a breach of contract lawsuit in which Side accused the Alexanders of defaulting on a loan.
Categories Alexander brothers, HWmember, Legal, Official Partners, Real Estate, Side

Zillow’s Follow Up Boss changing API call recording, text access

April 17, 2025 by bp56691
The Zillow-owned CRM announced Thursday that the only companies not impacted by the change were Ylopo, MaverickRE and Shilo.ai.
Categories CRM, HWmember, Real Estate, Technology, Zillow

Credit.org rolls out new reverse mortgage e-learning platform

April 16, 2025 by bp56691
Credit.org rolls out new reverse mortgage e-learning platform
A new online learning platform from a nonprofit counseling agency aims to bolster reverse mortgage understanding among qualified borrowers.
Categories Counseling, Credit.org, HECM, HWmember, Product Guide, Reverse

US home equity has reached $35 trillion. It’s a blessing and a curse

April 16, 2025 by bp56691
Higher levels of home equity increase household wealth, but it also comes with higher property taxes and other hurdles.
Categories Home Equity, HWmember, NRMLA, Reverse, RiskSpan, Wall Street Journal
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