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Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes

March 6, 2025 by bp56691
Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.
Categories CFPB, Elizabeth Warren, FHFA, HWmember, Mortgage, Politics, Regulatory, Senate

25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

March 6, 2025 by bp56691
25 Canadians have been charged by U.S. authorities with bilking older Americans out of an estimated $21 million.
Categories AARP, ALTA, Canada, FBI, HWmember, Legal, national association of realtors, Reverse

3 metrics in Friday’s jobs report that will affect mortgage rates

March 6, 2025 by bp56691
HousingWire Lead Analyst Logan Mohtashami outlined three things to look for in Friday’s job report to know where mortgage rates are headed.
Categories Housing Market, HWmember, Jobs Report, Mortgage Rates, Politics, Recession

Anthony Hsieh returns to loanDepot as Frank Martell departs

March 6, 2025 by bp56691
In an announcement made Thursday, loanDepot said Hsieh, the company’s executive chairman, has returned as executive chairman of mortgage operations. Martell will step down from his current posts as of June 4 and transition to a board advisory role.
Categories Anthony Hsieh, Frank Martell, HWmember, loanDepot, Mortgage, People Movers

Report suggests key HECM field office at HUD could be shut down

March 5, 2025 by bp56691
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
Categories FHA, Government Lending, HECM, HUD, HWmember, NRMLA, Reverse

This aging-in-place program flies under the radar, but it could lower senior care costs

March 5, 2025 by bp56691
There’s a national aging-in-place program to help people remain in their homes, but broadening access means navigating federal reimbursements.
Categories Aging in Place, Healthcare, HWmember, Reverse, Washington Post

Loan officers are seeing an uptick in FHA, VA demand

March 5, 2025 by bp56691
Loan officers are seeing increase demand for government mortgages, and if rates go lower, there could be a wave of refinances to follow.
Categories FHA loan, Government Lending, HWmember, Loan Officer, Mortgage, Mortgage Applications, Mortgage Rates, Origination, VA Loan

Investor home purchases are sinking, and it’s most evident in Florida

March 5, 2025 by bp56691
Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.
Categories Affordability, Florida, Housing Market, HWmember, Mortgage Rates, Real Estate Investing, Redfin

Trump grants one-month pause on automobile tariffs, but building material duties remain

March 5, 2025 by bp56691
The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation with “the big three autodealers.” It’s unclear if the pause comes with concessions from Canada and Mexico. 
Categories Homebuilders, Housing Market, HWmember, Regulatory, Tariffs, Trump Administration

Keller Williams might spark a trend of brokerages to tap private equity

March 4, 2025 by bp56691
Keller Williams might spark a trend of brokerages to tap private equity
It’s fair to ask if Stone Point Capital’s investment in Keller Williams is the first of other private equity infusions in real estate brokerages.
Categories Brokerage, Data & Visuals, Earnings, HWmember, Keller Williams, Mergers and Acquisitions, Private Equity, Real Estate, Real Estate Agents
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