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Democratic senator open to working with HUD on federal land for housing

April 24, 2025 by bp56691
Sen. Ruben Gallego wants to work with HUD and the DOI on its efforts to develop housing on federal land, but wants more information.
Categories Donald Trump, HWmember, Politics, Trump Administration

PHH’s Liberty Reverse Mortgage relaunches EquityIQ proprietary product

April 23, 2025 by bp56691
Liberty is reentering the proprietary reverse mortgage landscape in a more crowded field than when it introduced EquityIQ in 2019.
Categories Home Equity, HWmember, Liberty Reverse Mortgage, Onity Group, PHH Mortgage Corp, Reverse

New Jersey AG hits RealPage and 10 landlords with antitrust suit

April 23, 2025 by bp56691
RealPage was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin.
Categories HWmember, Lawsuit, Legal, Multifamily, New Jersey, Real Estate, RealPage

Top real estate agents are maintaining market share despite challenging conditions

April 23, 2025 by bp56691
Top real estate agents are maintaining market share despite challenging conditions
High-producing agents interviewed by HousingWire are homing in on their strengths as they look to maintain top dog status in their markets.
Categories Agent, Boston, Connecticut, Florida, Housing Inventory, HWmember, Idaho, Lead Generation, Ohio, Real Estate, Real Estate Agents, RealTrends Verified Rankings, Zillow Premier Agent

Congressman touts bipartisan long-term care bill at DC event

April 23, 2025 by bp56691
Last month, Rep. Tom Suozzi (D-N.Y.) reintroduced the Well-Being Insurance for Seniors to be at Home (WISH) Act, which would amend Social Security to provide long-term care benefits for program participants.
Categories Aging in Place, Genworth Financial, House of Representatives, HWmember, Legislation, Long-term care, Michigan, National Council on Aging, New York, Reverse, Washington, D.C.

Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B

April 22, 2025 by bp56691
Pennymac reported lower revenue and earnings in Q1 2025, but it still has one of the largest servicing portfolios in the country.
Categories Earnings, HWmember, Lenders, LendingLife, Mortgage, Mortgage Servicing, PennyMac, Servicing

FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’

April 22, 2025 by bp56691
FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’
Finance of America debuted a new creative campaign soon after announcing the enlistment of a new agency to drive modern marketing efforts.
Categories Finance of America, Home Equity, HWmember, Marketing, Retirement, Reverse

Severance on the high seas: First American CEO to receive fat payout following cruise ship assault charge

April 22, 2025 by bp56691
Severance on the high seas: First American CEO to receive fat payout following cruise ship assault charge
Ken DeGiorgio, former CEO of First American Financial Corp., will reportedly collect a hefty payout following his termination.
Categories Finance, First American Financial Corporation, HWmember, Real Estate, Securities and Exchange Commission, Title, Title insurance

Randell Gillespie named president of LeaderOne

April 21, 2025 by bp56691
Randell Gillespie named president of LeaderOne
Gillespie will be tasked with growing LeaderOne, which has a “unique collaborative ownership model.”
Categories HWmember, Kansas City, Lenders, LendingLife, Mortgage, People Movers, Team Leaders

Closing costs for the typical home purchase now top $4,600

April 21, 2025 by bp56691
Closing costs ranged widely across the country, from as low as 0.46% of a home’s sale price in South Dakota to as high as 2.99% in Delaware.
Categories Affordability, Closings, HWmember, LodeStar Software Solutions, Mortgage, Tax, Title, Title insurance
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