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As White House scrutinizes HUD programs, union leaders offer a waste target

February 13, 2025 by bp56691
Despite a high level of anxiety at HUD, a pair of union leaders said there could be a chance to do away with at least one “inefficient” program.
Categories DEI, Donald Trump, Government Lending, HUD, HWmember, Mortgage, Mortgage Bankers Association, NPR, Regulatory, Trump Administration

UWM partners with Sphere LOS on a direct integration for brokers

February 13, 2025 by bp56691
In a Wednesday afternoon LinkedIn post by chief technology officer Jason Bressler, United Wholesale Mortgage (UWM) announced that it’s partnering with Sphere LOS to provide its first direct integration with the broker community.
Categories Artificial Intelligence, CRM, HWmember, LOS, Mortgage, Mortgage Broker, Partnerships, Technology, United Wholesale Mortgage

Could government funding scrutiny come for reverse mortgage programs?

February 12, 2025 by bp56691
Reverse mortgage programs have performed well recently, according to HUD reports, but the Trump administration is bringing added scrutiny.
Categories Elon Musk, FHA, Ginnie Mae, Government Lending, HUD, HWmember, Regulatory, Reverse, Scott Turner, Trump Administration

Legal experts weigh in on the CFPB and the future of regulation

February 12, 2025 by bp56691
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment.
Categories CFPB, Dodd-Frank, HUD, HWmember, Politics, Regulatory, Scott Bessent, Title

One in 10 ‘gray divorce’ couples finance split with housing wealth

February 12, 2025 by bp56691
More than one in 10 U.K. couples finance their divorces with property, including through the local equivalent of a reverse mortgage, according to new survey data.
Categories Home Equity, HWmember, NRMLA, Reverse

RedKey Realty Leaders expand in St. Louis with addition of Circa Properties

February 12, 2025 by bp56691
RedKey Realty Leaders is expanding in St. Louis by merging with Circa Properties, growing the firm’s agent count to more than 230.
Categories Brokerage, HWmember, Mergers and Acquisitions, Real Estate, St. Louis

Julie Kheyfets on home renovation trends: Demand is approaching 2022 levels

February 12, 2025 by bp56691
Mike Simonsen speaks with Block Renovation CEO Julie Kheyfets about AI in the home renovation market, rising demand and industry trends.
Categories Artificial Intelligence, Home Sales, Housing Market, HWmember, Podcasts, Tariffs, Top of mind

Trump names Jonathan McKernan director of gutted CFPB

February 12, 2025 by bp56691
Trump has nominated Jonathan McKernan, former board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB.
Categories CFPB, FHFA, Politics, Regulatory, Scott Bessent

Zillow is still in the red, but its major revenue streams are rising

February 12, 2025 by bp56691
On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnership with fellow Seattle-headquartered firm Redfin that will make Zillow the exclusive provider of multifamily listings on Redfin, Rent.com and ApartmentGuide.com.
Categories Earnings, HWmember, Real Estate, Redfin, Seattle, Technology, Zillow

Oregon reverse mortgage bill that could halt proprietary business may be amended

February 11, 2025 by bp56691
A bill that appeared to target reverse mortgage business in the state may be amended to reflect a more narrow target after industry professionals weighed in.
Categories HECM, Home Equity, HWmember, Longbridge Financial, Oregon, Reverse
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