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California wildfire rebuilding bill paused until 2026

July 28, 2025 by bp56691
The move comes after social media outcry centered on erroneous claims that the bill would force low-income housing into Pacific Palisades.
Categories Affordable Housing, California, Housing Market, HWmember, Legislation, Los Angeles, Los Angeles Times, Luxury Real Estate, Natural Disaster, Wildfire

Long-term health care costs are exploding. A reverse mortgage could help

July 28, 2025 by bp56691
As the U.S. population ages, many families are facing long-term care (LTC) issues. Most families either pay for it out of their savings or spend down these savings until they qualify for Medicaid.
Categories Healthcare, HWmember, Long-term care, Reverse

Figure expands Intellidebt offerings for debt consolidation

July 28, 2025 by bp56691
Since the launch of Intellidebt, 6,000 Figure customers have raised their FICO scores by an average of 27 points within a month.
Categories Debt, FICO, Figure Technologies, HELOCs, Mortgage, Technology

Michael Isaacs out as CEO of Go Mortgage

July 26, 2025 by bp56691
Staff at the Ohio-based Go Mortgage were told Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell is the interim CEO.
Categories HWmember, Lenders, Mortgage, Ohio, People Movers, Retail Lending, Team Leaders

Housing inventory growth is starting to stall

July 26, 2025 by bp56691
Housing inventory growth is starting to stall
Housing inventory rose to 860,426 last week, but that growth is starting to stall out as we head into August.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

Tech Pulse: Lawmakers press FHFA on crypto for mortgages

July 25, 2025 by bp56691
Senators urging caution as the FHFA weighs unconverted cryptocurrency in mortgage underwriting is among this week’s top tech stories.
Categories Artificial Intelligence, Bill Pulte, Cryptocurrency, FHFA, HWmember, MLS, Mortgage, northwest mls, Opendoor, Real Estate, Real Estate Agents, Technology

Hemp spells affordable housing for Native American community

July 25, 2025 by bp56691
Prompted by U.S. Census data indicating the need for 200 new homes by 2030, the Lower Sioux Housing Authority turned to hempcrete.
Categories Affordability, Affordable Housing, Construction, Homebuilders, Housing Market, HWmember, Minneapolis, Minnesota

Scott, Warren announce bipartisan housing bill markup

July 25, 2025 by bp56691
The first bipartisan housing markup in more than a decade will involve the consideration of the ROAD to Housing Act of 2025.
Categories Affordability, Affordable Housing, Elizabeth Warren, Housing Inventory, Housing Market, HWmember, Legislation, National Housing Conference, Politics, Senate

Senate Democrats press FHFA on crypto use in mortgages

July 25, 2025 by bp56691
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully.
Categories Bill Pulte, Cryptocurrency, FHFA, HWmember, LendingLife, Mortgage, Origination, Senate, Technology, Underwriting

Bright MLS: Housing market shifts toward necessity, balance

July 25, 2025 by bp56691
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Categories Affordability, Bright MLS, First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, Housing Market Data, HWmember, Mortgage Rates
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