New York bill would require reverse mortgage lenders to strengthen consumer disclosures
A New York state senator’s bill seeks to require lenders to offer more comprehensive reverse mortgage information to borrowers at least five days before closing.
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Enforcement experts fear the wild west of a weaker CFPB
Scott Bessent, the new secretary of the Department of the Treasury under the Trump administration, made headlines twice on Monday — once for his appointment as acting director of the Consumer Financial Protecture Bureau (CFPB) and again for his order to CFPB staff to halt all bureau activities.
Arrival Home Loans partners with fintech zavvie
The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes.
RCN Capital acquires BLN Software
Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software, which offers a loan origination system and loan management system for the private mortgage lending industry.
U.S. strikes deal with Canada to pause tariffs for one month
Canadian President Justin Trudeau announced Monday afternoon that the U.S. and Canada have agreed to pause for one month the 25% tariffs that President Donald Trump placed on Canadian goods. That came mere hours after Trump and Mexican President Claudia Sheinbaum agreed to pause paused 25% tariffs on Mexico.
U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery
Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels.
Ownwell partners with Valon on property tax monitoring service
Ownwell is unveiling a new partnership that aims to help homeowners save money by avoiding higher property tax payments. On Monday, the company said it would partner with mortgage servicing company Valon to offer property tax savings services.
Real estate brokerages and the rise of the revenue share model
Revenue and profit share brokerages are looking to differentiate themselves and shed the recruiting machine image in 2025.
PAVE seems to be disappearing. What else is next?
As the Trump administration continues its crusade against diversity, equity and inclusion (DEI) initiatives, it appears that the Property Appraisal and Valuation Equity (PAVE) policies are being swept away amid a laundry list of actions.
Updated list of all Trump’s actions that impact housing
Here are the actions the Trump administration or Congress have taken that impact housing since President Trump took office on Jan. 20, 2025.