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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

January 28, 2025 by bp56691
Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector
Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments.
Categories HWmember, Investment, Lenders, Mortgage, Multifamily, Non-QM, Real Estate Investing, Technology

Texas, Arizona lead boom of new build-to-rent homes

January 28, 2025 by bp56691
Over 110,000 single-family rentals (SFR) are under construction in the U.S. — and two states are leading the way.
Categories Arizona, build-for-rent, Housing Market, HWmember, Single-Family Rentals, Texas

WalletHub says these are the best states for retirees

January 28, 2025 by bp56691
Personal finance website WalletHub this week released its rankings of the best and worst states to retire in 2025. It determined that Florida, Minnesota and Colorado are the friendliest states for retirees, while Mississippi, Louisiana and Kentucky are at the opposite end of the spectrum.
Categories Colorado, Florida, HWmember, Minnesota, Retirement, Reverse, WalletHub

Mr. Cooper agreed to a $5.8 million settlement. Who is eligible for relief?

January 28, 2025 by bp56691
Nationstar Mortgage — currently doing business as Mr. Cooper — has agreed to settle a lawsuit which alleges that the company violated mortgage servicing laws and forced borrowers into foreclosure.
Categories HWmember, Lawsuit, Legal, Mortgage, Mortgage Servicing, Mr. Cooper Group, Servicing

Will we see home prices decline in 2025?

January 27, 2025 by bp56691
Will we see home prices decline in 2025?
Homes sales have been down for weeks. But prices could turn negative this spring, according to new data from Altos Research.
Categories Altos Research, Data & Visuals, Home Prices, Home Sales, Housing Inventory, Housing Market, HWmember

CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

January 27, 2025 by bp56691
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
Categories CFPB, HECM, Home Equity, HWmember, Lawsuit, Mortgage, Regulatory, Reverse

MLS PIN preliminary settlement approval hearing set for April

January 27, 2025 by bp56691
After 16 months of back and forth, Judge Patti B. Saris has made it clear that she is ready to move on from the Nosalek commission lawsuit.
Categories Commission Lawsuit, HWmember, Legal, NAR Lawsuit Settlement, national association of realtors, Real Estate

Indigo secures $8M in funding for expansion in 2025

January 27, 2025 by bp56691
Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to real estate agents.
Categories Artificial Intelligence, Brokerage, HWmember, Real Estate, Technology, Venture Capital

Remodeling industry could benefit from focus on aging in place

January 27, 2025 by bp56691
Consumers seeking remodeling work are focused on efforts that could “future-proof” homes for later life and aging in place.
Categories Aging in Place, HWmember, Remodeling Activity, Reverse

Jason Cave joins Mr. Cooper team as SVP for Government Affairs

January 25, 2025 by bp56691
Cave previously held various leadership roles at the Federal Housing Finance Agency and Federal Deposit Insurance Corporation.
Categories HWmember, jason cave, Mortgage, Mr. Cooper, Mr. Cooper Group, People Movers, Servicing
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