HWmember – Page 151 – Cantilever Real Estate

Trump administration ends Affirmatively Furthering Fair Housing rule

February 26, 2025 by bp56691

During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They claim that the rule amounted to the federal government “annexing” the suburbs, a claim that was echoed by President Donald Trump in 2020.

DOGE accessed confidential HUD data on housing discrimination, report says

February 26, 2025 by bp56691

Elon Musk’s Department of Government Efficiency (DOGE) has accessed U.S. Department of Housing and Urban Development (HUD) confidential data related to housing discrimination, according to a report from non-profit investigative journalism outlet ProPublica. ProPublica said its findings are based on information obtained and confirmed through HUD sources.

FHFA nominee Bill Pulte discloses investments in rental properties, HVAC firms and … MrBeast

February 25, 2025 by bp56691

Bill Pulte, the Trump administration’s nominee to run the Federal Housing Finance Agency (FHFA), has a wide array of investments with a value north of $190 million, including holdings in rental properties, HVAC firms, entertainment companies and Elon Musk’s X.

The 29 mortgage servicers that received top marks from Fannie Mae

February 25, 2025 by bp56691

Fannie Mae on Tuesday announced the results of its 2024 Servicer Total Achievement and Rewards (STAR) program, recognizing 29 mortgage servicers for “competency, capability, and overall performance.”

Offerpad tightens belt, narrows 2024 loss to $62M

February 25, 2025 by bp56691

Online property marketplace and real estate technology company Offerpad Solutions Inc. reported a net loss of $17.3 million in the fourth quarter of 2024, which was up 12% from the $15.4 million loss it sustained in the final quarter of 2023.

Maverick Systems expands agent recruitment platform

February 25, 2025 by bp56691

Chicago-based Maverick Systems is rapidly expanding its real estate data analytics platform nationwide, offering brokerages a new tool in the competitive landscape for experienced agents.

2025 could be the last year of inventory shortage

February 24, 2025 by bp56691

New data shows many signs that 2025 may be the final year of widespread housing inventory shortages, as long as certain factors align.

Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit

February 24, 2025 by bp56691

TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.

Deadly Kentucky floods will exacerbate existing housing issues

February 24, 2025 by bp56691

Effects from deadly flooding in Eastern Kentucky were made worse this past weekend as a storm system brought heavy snow and wind into already devastated communities. It will have a large impact on real estate for years to come, Kentucky real estate agents told HousingWire. As of Monday, the statewide death toll associated with the […]

This real estate pro is taking an ‘enlightened’ approach to diversify revenue streams

February 24, 2025 by bp56691

When confronted with the possibility of a market shutdown and a prolonged “rent holiday” in California at the onset of the COVID-19 pandemic, Scott Brady began looking for ways to further diversify his business model.