Better mortgage spreads are capping rates in 2025
Better mortgage spreads are limiting how high mortgage rates can rise in 2025, which is in contrast to what we’ve seen in recent years.
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A timeline of what’s happening at the CFPB under Trump
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Project 2025 architect Russell Vought takes over CFPB
Russell Vought, an architect of Project 2025 and the current head of OMB, is the new acting head of the CFPB.
Sherry Chris urges brokers to stick with NAR in 2025
“I think about these brokers and associations that want to decouple and I wonder why. If they’re listening to this podcast, let’s give it a chance. Don’t do anything yet. Let’s give it a chance and see how we can all work together.”
John Burns: The ‘California exodus’ storyline is coming to an end
Despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative.
Proprietary reverse mortgage business in Oregon could be in danger
A bill introduced in Oregon could halt proprietary reverse mortgage business if enacted, according to NRMLA.
Crye-Leike wants to be covered by NAR’s settlement, but rankings data says otherwise
The firm believes it should be covered by NAR’s settlement, which protects all real estate brokerages with a sales volume of less than $2 billion in 2022. It claims it is protected under NAR’s settlement because only Crye-Leike Inc. — which the company said did $1.75 billion in sales volume in 2022 — is named as a defendant in the Gibson suit.
Washington, D.C. moves to bolster reverse mortgage foreclosure protections
A D.C.-based reverse mortgage foreclosure prevention program is being expanded to encompass more district residents, after a successful pilot program.
Mortgage servicing executives grapple with tech stack questions
Servicing companies that don’t embrace new technology will see the existing gap grow to a chasm. But finding the right vendor isn’t easy.
Fannie Mae says housing market optimism inched up in January
Homebuyer confidence edged up in January despite affordability concerns, according to Fannie Mae’s latest Home Purchase Sentiment Index.