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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

Moder CTO Joe Trapani: ‘The answer to everything is always data’

June 26, 2025 by bp56691
Moder CTO Joe Trapani talks about the shininess of gen AI and why it’s probably smart to always keep humans in the loop for some tasks.
Categories Artificial Intelligence, HWmember, Mortgage, Technology

eXp’s Glenn Sanford fires back at Compass over private listings

June 26, 2025 by bp56691
While eXp is not a defendant in Compass’s suit, Sanford, whose firm is named as a co-conspirator, says he is following things closely.
Categories Brokerage, Clear Cooperation, Compass, eXp Realty, eXp World Holdings, Glenn Sanford, HWmember, Lawsuit, Legal, Real Estate, Zillow

Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias

June 26, 2025 by bp56691
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
Categories Appraisals, Appraisals and Valuations, Department of Justice, Discrimination, Fair Housing, HWmember, Legal, Mortgage, Regulatory, Rocket Mortgage, Trump Administration

Stable mortgage rate environment reshapes how LOs engage with borrowers

June 26, 2025 by bp56691
In a rare period of rate stability, lenders say that borrower mindsets — not numbers — may unlock market momentum.
Categories Federal Reserve, First-Time Homebuyers, Homebuyers, HWmember, LendingLife, Loan Officer, Mortgage, Mortgage Rates, Origination, Refinancing

Here are the three metros where homeownership is still affordable

June 25, 2025 by bp56691
Here are the three metros where homeownership is still affordable
Realtor.com calculated the share of income a typical household spends on housing by dividing its estimated median monthly housing costs by the median household income in each of the 50 largest metros and the U.S. more broadly.
Categories Affordability, Data & Visuals, Detroit, Housing Market, HWmember, Pittsburgh, Realtor.com, St. Louis
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