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NAR: Homebuyers still have down payment misconceptions

June 30, 2025 by bp56691
NAR: Homebuyers still have down payment misconceptions
One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.
Categories Affordability, Down Payment Assistance, FHA loan, First-Time Homebuyers, Homebuyers, Housing Market, HWmember, national association of realtors, VA Loan

What agents must know about telemarketing consent

June 30, 2025 by bp56691
Firms are urged to remember a key distinction — calls that involve a bona fide offer to purchase a home versus calls that promote services.
Categories Brokerage, Compass, Compliance, HWmember, Keller Williams, Lawsuit, Legal, Marketing, Real Estate, Real Estate Agents, Regulatory Compliance

Home equity cushions homeowners against economic shocks

June 30, 2025 by bp56691
Home equity cushions homeowners against economic shocks
The latest NMDB report from FHFA shows that 82% of homeowners in America have at least 30% of equity in their homes.
Categories Foreclosure, Home Equity, Homeownership, Housing Market, HWmember

NAMB issues support for CHLA white paper on LO compensation

June 30, 2025 by bp56691
NAMB’s letter said that the association opposes the current “rigid” interpretation of loan originator compensation regulations.
Categories CFPB, Community Home Lenders of America, HWmember, Loan Officer, Mortgage, NAMB, Regulatory, Regulatory Compliance

Have slightly lower mortgage rates stabilized the housing market?

June 28, 2025 by bp56691
Have slightly lower mortgage rates stabilized the housing market?
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped stabilize the market.
Categories Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Jerome Powell, Mortgage Rates, Purchase Applications

It’s official: DOGE cuts are impacting the DC housing market

June 27, 2025 by bp56691
It’s official: DOGE cuts are impacting the DC housing market
A survey conducted by Bright MLS reveals that agents on the ground in D.C. are seeing firsthand the effects of job loss on a higher scale.
Categories Altos, Bright MLS, Data & Visuals, DOGE, Housing Inventory, Housing Market, HWmember, Washington, D.C.

Tech Pulse: Fannie, Freddie move on fintech, crypto, fraud prevention

June 27, 2025 by bp56691
Fannie Mae and Freddie Mac have announced plans on fintech restructuring, use of cryptocurrency in mortgage and the fight against fraud.
Categories Artificial Intelligence, Fannie Mae, Freddie Mac, HWmember, Lenders, Lone Wolf Technologies, Mortgage, Real Estate, Real Estate Agents, Technology, Volly

HUD announces three senior leadership additions

June 27, 2025 by bp56691
Friday’s staff appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary.
Categories Housing Market, HUD, HWmember, People Movers, Regulatory, Scott Turner, Trump Administration

FHA rescinds 12 policies as Trump administration pushes to cut red tape

June 27, 2025 by bp56691
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
Categories Appraisals, FHA, FHA loan, Flood, Government Lending, HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Underwriting

FHFA Director Bill Pulte says arrested Freddie Mac would-be bomber still contacting him

June 27, 2025 by bp56691
FHFA Director Bill Pulte said a fired Freddie Mac employee who was arrested in March for threatening to blow up the Freddie Mac building has continued to contact him.
Categories Bill Pulte, FHFA, Freddie Mac, HWmember, Mortgage, Politics, Regulatory
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