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Nosalek plaintiffs seek preliminary approval of MLS PIN settlement

January 21, 2025 by bp56691
After 16 months of back and forth, the MLS PIN plaintiffs claim the DOJ will not provide any information on desired amendments.
Categories Commission Lawsuit, Department of Justice, HWmember, Legal, national association of realtors, Real Estate

How Trump’s executive orders impact homebuilders

January 21, 2025 by bp56691
Many of the executive orders Donald Trump signed on his first day in office have direct consequences for homebuilders.
Categories Donald Trump, Homebuilders, Housing Market, HWmember, NAHB, Real Estate, Trump Administration

After sentencing of reverse mortgage scammer, Illinois activists seek home preservation program

January 21, 2025 by bp56691
Following the sentencing of scammer Mark Diamond, Illinois is considering a home renovation program for older residents under state law.
Categories CBS News, Chicago, HWmember, Illinois, Reverse

Home sales are stalled with 7% mortgages

January 20, 2025 by bp56691
Home sales are stalled with 7% mortgages
Buyer activity has been dropping and the housing market is on hold until mortgage rates drop.
Categories 2025 Housing Market Forecasts, Altos Research, Home Prices, Housing Inventory, Housing Market, HWmember, Pending Home Sales, Yahoo Finance

Treasury outlines rising cost of homeowners insurance

January 20, 2025 by bp56691
Treasury outlines rising cost of homeowners insurance
Homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest risks.
Categories Climate Change, Department of the Treasury, Homeowners insurance, HWmember, Janet Yellen, Los Angeles, Regulatory

How gen AI is making real estate cybercrime easier than ever

January 20, 2025 by bp56691
AI is making fraudsters’ jobs easier, but cybersecurity professionals are not backing down without a fight.
Categories Cybersecurity, HWmember, Real Estate, Technology, Title, Wire Fraud

All the ways the wildfires could make LA housing more expensive

January 19, 2025 by bp56691
Residents looking to rebuild or find new housing will face numerous headwinds that could drive up housing costs in LA.
Categories California, Housing Market, HWmember, Los Angeles, Wildfire

Mortgage rates fell last week. Can they go lower?

January 18, 2025 by bp56691
Mortgage rates fell last week. Can they go lower?
Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can keep going lower.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

Lawmakers, housing groups react to Scott Turner’s HUD confirmation hearing

January 18, 2025 by bp56691
Lawmakers and housing trade groups reacted to Scott Turner’s confirmation hearing to lead HUD, with many saying they’re poised to work with him on housing issues.
Categories Community Home Lenders Association, Donald Trump, Elizabeth Warren, FHA, HUD, HWmember, Mortgage, Regulatory, Trump Administration, U.S. Senate

Reverse mortgage servicing safeguard might help LA borrowers

January 17, 2025 by bp56691
A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.
Categories California, Colorado, FHA, HUD, HWmember, Los Angeles, Mortgage Servicing, Reverse, Reverse Market Insight, Wildfire
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