What’s keeping homebuilders from large-scale layoffs?
A decrease in the number of residential construction workers is usually an early sign of a recession. So why haven’t we seen any big layoffs?
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Advocus National Title starts virtual closing platform in Chicago
Advocus has launched a virtual closing system, initially available in Chicago, that is designed to streamline real estate transactions.
Pulte makes sweeping changes to boards of GSEs
Bill Pulte made sweeping changes to the boards of both GSEs, and will serve as chair of both of them according to new SEC filings.
Will home prices fall in 2025 with more inventory?
We’ve been assuming that lower rates increase demand faster than supply. But what happens if we get the first economic downturn in a while?
Xactus launches open API portal
Verification technology company Xactus on Monday announced the launch of its open API portal, which allows partners to access integration rules that enable a faster, easier way to integrate their own tools or platforms with Xactus360, an Intelligent Verification Platform (IVP).
Kickback accusations nothing more than government abuse and overreach, Pennsylvania mortgage brokerage says
More state attorneys general are getting in on the Real Estate Settlement Procedures Act (RESPA) action. In mid-January, Pennsylvania’s former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group, Conquest Mortgage, Flagship Home Loans, Legacy Mortgage Partners, Nittany Home Loans, MCT Financial, Conquest Holdings […]
A growing Fannie Mae “blacklist” is paralyzing home sales
A growing problem is preventing condominium owners from selling their properties. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. If a condo is on this list, it’s significantly harder for prospective buyers to get a mortgage, making it nearly impossible […]
HUD approves then rescinds funds for NY housing groups
Millions in federal grants for housing groups in New York City were reportedly held up Friday, just after news that the funds were approved.
Anywhere’s Ryan Schneider on luxury market, M&A growth in 2025
Ryan Schneider, CEO of Anywhere Real Estate, joins Power House to discuss luxury market growth, M&A opportunities, and AI-driven innovation.
Lower mortgage rates spark housing demand heading into spring
Lower mortgage rates are breathing new life into the market, pushing purchase application data into positive territory for the year.