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The impact of job cuts on the DC housing market

February 16, 2025 by bp56691
The impact of job cuts on the DC housing market
Is the Washington, D.C. housing market facing a sudden collapse ignited by DOGE’s job-cutting? We look at inventory and price cuts to see.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Washington, D.C.

DOGE says it has recovered $1.9B in ‘misplaced’ HUD funds

February 15, 2025 by bp56691
DOGE announced in a post on X Friday that it had recovered $1.9 billion in HUD funds that were misplaced by the Biden administration.
Categories HUD, HWmember, Politics, Scott Turner

Judge blocks CFPB firings amid Treasury labor union lawsuit

February 15, 2025 by bp56691
A federal judge temporarily blocked the mass firing of CFPB employees on Friday as part of a lawsuit filed by federal employee trade unions.
Categories CFPB, Donald Trump, HWmember, Lawsuit, Politics

Windsor Mortgage CEO explores technology services, coaching in the wholesale market

February 15, 2025 by bp56691
HousingWire President Diego Sanchez sits down with Chris Vinson, CEO of Windsor Mortgage, a division of Plains Commerce Bank. The conversation covers Windsor’s growth and success in recent years, including its focus on wholesale lending, technology and coaching.
Categories HWmember, Mortgage, Origination, Podcast, Podcasts, Team Leaders, Technology, Wholesale Lending

Win some, lose some: Appraisers wrestle with the CFPB’s dismantling

February 15, 2025 by bp56691
Win some, lose some: Appraisers wrestle with the CFPB’s dismantling
Appraisers have mixed feelings about the status of the Consumer Financial Protection Bureau. They welcome the end of the PAVE Task Force, but a potential closure means the agency won’t issue final rules in a fight against appraisal management companies.
Categories AMCs, Appraisals, Appraisals and Valuations, CFPB, HWmember, Regulatory, Trump Administration

Hawaii bill seeking state-run reverse mortgage program appears dead for now

February 14, 2025 by bp56691
A bill seeking to establish a state-specific HECM program in Hawaii is likely dead until at least 2026, according to a sponsor lawmaker.
Categories Hawaii, HECM, Home Equity, HWmember, Legislation, NRMLA, Reverse

M&A: Run your business like it’s for sale, so it never has to be 

February 14, 2025 by bp56691
Managing M&A Integration for mortgage companies is like being a wedding planner for arranged marriages. Not everyone is happy to be at this party, but I’ll be damned if they aren’t 1. impressed with the aesthetic and 2. dancing and laughing by the end of the night.
Categories Contributors, HWmember, Mergers and Acquisitions, Opinion

Optionality of NAR’s no-commingling rule takes center stage at REX appeal hearing

February 14, 2025 by bp56691
Originally filed by REX in March 2021, the lawsuit alleges that changes made to Zillow’s website “unfairly hides certain listings, shrinking their exposure and diminishing competition among real estate brokers.”
Categories Department of Justice, HWmember, Lawsuit, Legal, national association of realtors, Real Estate, REX, Zillow

Wisconsin Republicans seek to expand state’s low-income housing tax credit

February 13, 2025 by bp56691
The lawmakers are seeking to expand program funding by nearly $60 million and target more vouchers at the state’s rural areas.
Categories Housing Market, HWmember, Legislation, Low-Income Housing Tax Credit, Milwaukee, Republican Party, Wisconsin

As White House scrutinizes HUD programs, union leaders offer a waste target

February 13, 2025 by bp56691
Despite a high level of anxiety at HUD, a pair of union leaders said there could be a chance to do away with at least one “inefficient” program.
Categories DEI, Donald Trump, Government Lending, HUD, HWmember, Mortgage, Mortgage Bankers Association, NPR, Regulatory, Trump Administration
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