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Lower mortgage rates driving early spring home sales

March 22, 2025 by bp56691
Lower mortgage rates driving early spring home sales
We’ve seen positive year-over-year growth with most of the weekly data in 2025, despite mortgage rates not being at 6%.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications

Alabama law: Buyers don’t have to sign contract before home tours

March 21, 2025 by bp56691
The bill was backed by Alabama Realtors
Categories Alabama, Commission Lawsuit, Department of Justice, HWmember, Legislation, NAR Lawsuit Settlement, national association of realtors, Real Estate, sitzer/burnett

NAR’s existing-home sales forecast for 2025 gets a haircut

March 21, 2025 by bp56691
NAR’s existing-home sales forecast for 2025 gets a haircut
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.
Categories 2025 Housing Market Forecasts, Data & Visuals, Existing home sales, HWmember, Lawrence Yun, national association of realtors, Real Estate

Banning property taxes in Florida gains traction among lawmakers

March 21, 2025 by bp56691
A proposal floated by the governor last month is getting attention, but some are concerned about its potential impact on government services.
Categories Florida, Housing Market, HWmember, Property Tax, Reverse, Wall Street Journal

Onity leaders talk reverse channel profitability, tease proprietary product development

March 21, 2025 by bp56691
Onity leaders talk reverse channel profitability, tease proprietary product development
Onity Group executives tout the profitability of their reverse mortgage business and tease the development of a new private-label offering.
Categories Earnings, HECM, HMBS, HWmember, Liberty Reverse Mortgage, Onity Group, PHH Mortgage Corp, Reverse

Fidelity National Financial chairman faces opposition at investment firm

March 21, 2025 by bp56691
Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management.
Categories Fidelity National Financial, HWmember, Investors, Real Estate, Team Leaders, Title, Title insurance

Top execs at Freddie Mac, FHFA fired: report

March 20, 2025 by bp56691
The top executives at Freddie Mac, along with a top HR official at the FHFA, were fired today, according to a report on SEMAFOR.
Categories FHFA, Freddie Mac, GSEs, HWmember, Mortgage, Politics, Regulatory

FOA appoints new board members, including former US senator

March 20, 2025 by bp56691
FOA appoints new board members, including former US senator
The two new board members are expected to assist the reverse mortgage lender’s efforts in marketing and legislative affairs.
Categories Colorado, Finance of America, HWmember, Marketing, People Movers, Reverse, Senate

Build, baby, build: How the US can start fixing its housing supply crisis

March 20, 2025 by bp56691
Build, baby, build: How the US can start fixing its housing supply crisis
The U.S. is short millions of homes. Policymakers, builders, lenders and others shared potential solutions at the Housing Supply Summit.
Categories Fannie Mae, Freddie Mac, GSEs, Homebuilders, Housing Market, HWmember, Legislation, Mortgage, Politics, Real Estate

HUD rescinds appraisal review policies

March 20, 2025 by bp56691
Policies related to real estate appraisal appeals, or reconsiderations of value, have been rescinded by the Federal Housing Administration.
Categories Appraisals, Appraisals and Valuations, Black Homeownership, FHA, Housing Market, HUD, HWmember, Regulatory, Regulatory Compliance
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