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Existing home prices firmed up in September

October 23, 2025 by bp56691
Existing home prices firmed up in September
Existing home sales show year-over-year growth as inventory stabilizes, with mortgage rates near 6% and improved market conditions.
Categories Existing home sales, Home Prices, Housing Inventory, Housing Market, HWmember

Memo reportedly undercuts mortgage fraud allegations against Letitia James

October 23, 2025 by bp56691
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources.
Categories Department of Justice, Donald Trump, HWmember, Lawsuit, Legal, Mortgage, Mortgage Fraud, New York

Extreme heat risks higher for affordable housing residents

October 23, 2025 by bp56691
The analysis found that nearly all residents in affordable housing experienced at least seven days of extreme heat alerts in 2024.
Categories Affordable Housing, Climate Change, Discrimination, Housing Inventory, HWmember, Low-Income Housing Tax Credit, Real Estate

Federal Home Loan Bank of Dallas awards $73.5M to affordable housing projects

October 23, 2025 by bp56691
This year’s grants will fund the construction or rehabilitation of more than 3,700 housing units across six states.
Categories Affordable Housing, Arkansas, Colorado, Federal Home Loan Banks, Housing Market, HWmember, Louisiana, Mississippi, New Mexico, Texas

REcore dismisses breach of contract suit against CoStar, Homes.com

October 23, 2025 by bp56691
Less than 48 hours after filing its breach of contract suit, REcore has dismissed its claims against CoStar and Homes.com with prejudice.
Categories California Regional MLS, CoStar Group, Homes.com, HWmember, Lawsuit, Legal, MLS & Associations, Real Estate

Deephaven’s record-breaking month driven by non-QM business

October 22, 2025 by bp56691
Deephaven’s record-breaking month driven by non-QM business
Deephaven is finding success through non-QM loans, second liens and home equity options as gig economy workers seek mortgage solutions.
Categories closed-end second liens, Deephaven Mortgage, HWmember, Mortgage, Non-QM, Origination

Fannie Mae names Peter Akwaboah as acting CEO

October 22, 2025 by bp56691
Fannie Mae appoints Peter Akwaboah as acting CEO, marking a significant leadership change as current CEO Priscilla Almodovar departs.
Categories Bill Pulte, Fannie Mae, Government Lending, Government-Sponsored Enterprise, HWmember, Mortgage, People Movers, Team Leaders

Union Home Mortgage expands non-QM offerings with launch of Platinum products

October 22, 2025 by bp56691
Through UHM Platinum, investors will have access to products including bank-statement loans and debt-service-coverage ratio loans.
Categories HWmember, Mortgage, Non-QM, Origination, Real Estate Investing, Union Home Mortgage

Are Zillow Flex agents required to send buyers to Zillow Home Loans?

October 22, 2025 by bp56691
In a The Capitol Forum story, Zillow Flex agents claim that they must send buyers to ZHL in order to continue receiving leads.
Categories Agent, HWmember, Legal, Real Estate, Real Estate Settlement Procedures Act, Zillow, Zillow Premier Agent

Pennymac posts Q3 profit of $181M, fueled by servicing strength

October 21, 2025 by bp56691
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
Categories Earnings, HWmember, LendingLife, Mortgage, Mortgage Servicing, MSRs, PennyMac
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