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What will happen to HMBS 2.0 under Trump’s regulatory freeze?

January 23, 2025 by bp56691
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
Categories FHA, Ginnie Mae, HMBS, HUD, HWmember, Mortgage Bankers Association, NRMLA, Regulatory, Reverse, Senate

NYC advocates call for billions of dollars to support seniors

January 23, 2025 by bp56691
A coalition of older New Yorkers and aging advocates are demanding more resources from the New York City government to address older residents’ needs.
Categories AARP, Aging in Place, Homelessness, HWmember, New York, New York City, Reverse

Fannie Mae title pilot could save homeowners up to $1,692 per refi

January 23, 2025 by bp56691
A study released in Legal Economics found that Fannie Mae’s title insurance pilot program could save borrowers up to $2.19 billion.
Categories American Land Title Association, Fannie Mae, FHFA, HWmember, Sandra Thompson, Title, Title insurance

AI agent platforms look to find their stride in 2025

January 23, 2025 by bp56691
AI agent platforms look to find their stride in 2025
AI real estate agent companies proliferated in the wake of the business practice changes mandated by the NAR settlement going into effect.
Categories Agent, Artificial Intelligence, Commission Lawsuit, HWmember, NAR Lawsuit Settlement, Real Estate, Real Estate Agents, Technology

Georgia MLS unites with 12 local boards to enhance data access

January 22, 2025 by bp56691
Georgia MLS announced a deal with 12 local MLSs to enhance data access under a single database for more than 55,000 agents.
Categories Atlanta, Georgia, HWmember, MLS, Real Estate

Art Carter, CRMLS ‘stand firmly’ in support of Clear Cooperation

January 22, 2025 by bp56691
As the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week.
Categories California, HWmember, MLS, national association of realtors, Real Estate, Real Estate Listings

Longbridge lowers minimum home value for Platinum products

January 22, 2025 by bp56691
Longbridge lowers minimum home value for Platinum products
Longbridge announced the move earlier this month to partners, and Chris Mayer talks with HousingWire’s Reverse Mortgage Daily about the change.
Categories HWmember, Longbridge Financial, Reverse

Finding qualified contractors is the biggest obstacle to reno projects

January 22, 2025 by bp56691
A survey by Renewal by Andersen found that 2,500 homeowners across four generations had the same concern about renovations.
Categories baby boomer, gen x, Gen Z, HWmember, Millennials, Reverse

Education and problem solving are keys to reverse for purchase business, agents say

January 21, 2025 by bp56691
Two real estate agents explain some of their thoughts on the HECM for Purchase program and the success they’ve seen with it.
Categories California, Century 21, HECM, HWmember, Idaho, Oregon, Real Estate Agents, Reverse

RE/MAX hires Travis Saxton as EVP of strategy

January 21, 2025 by bp56691
Saxton has over two decades of experience working in residential real estate technology, digital marketing and management consulting.
Categories Brokerage, HWmember, Motto Mortgage, RE/MAX, Real Estate, RealTrends, T3 Sixty
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