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Decatur homes sell twice as fast as national average

November 5, 2025 by bp56691
Homes in Decatur sell in 35 days, twice as fast as the U.S. average, with prices up 17.8% year over year but still far below national levels.
Categories Affordability, Artificial Intelligence, Housing Market Data, HWmember, Illinois, Local Market Spotlight

Mortgage industry backs LLPA changes but is divided over priorities

November 5, 2025 by bp56691
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac. 
Categories Fannie Mae, FHFA, Freddie Mac, GSEs, HWmember, LendingLife, Mortgage, Origination, Regulatory, Regulatory Compliance

A growing foreclosure crisis? Not according to the latest Fed data

November 5, 2025 by bp56691
A growing foreclosure crisis? Not according to the latest Fed data
The latest New York Fed credit report shows U.S. homeowners in strong financial health, with high equity and robust credit quality.
Categories FICO, Foreclosure, Home Equity, Housing Market, HWmember, Mortgage

Another Fed rate cut to finish 2025? Not so fast

November 4, 2025 by bp56691
The odds that the Federal Reserve will cut benchmark interest rates again in December are still high — but not as high as they were before last week’s cut.
Categories Federal Reserve, HWmember, Inflation, Jerome Powell, Monetary Policy, Mortgage Rates, Regulatory

Aivre launches UAD 3.6 compliant appraisal platform

November 3, 2025 by bp56691
UAD 3.6 calls for electronic submission of appraisals to align with the MISMO v3.6 reference model for mortgage industry data.
Categories Appraisals, Appraisals and Valuations, Artificial Intelligence, Compliance, Fannie Mae, Freddie Mac, HWmember, MISMO, Technology, Valuation

House bill calls for HOME housing program reforms

November 3, 2025 by bp56691
It aims to expand affordable housing supply by providing states and local governments with greater flexibility to fund housing development.
Categories Affordability, Homebuilders, House of Representatives, Housing Inventory, HUD, HWmember, Politics, Real Estate

FHFA inspector general role vacant after reported ouster of Joe Allen

November 3, 2025 by bp56691
The inspector general position at the Federal Housing Finance Agency (FHFA) is currently vacant after the reported ouster of Joe Allen. 
Categories Bill Pulte, FHFA, HWmember, LendingLife, Mortgage, Regulatory

Broker wants NAR membership lawsuit dismissal overturned

November 3, 2025 by bp56691
Broker-plaintiff Luz de Amor Eytalis asks the appeals court to reverse the lower court’s dismissal and remand her suit.
Categories HWmember, Legal, MLS, MLS & Associations, national association of realtors, Real Estate, Texas

Columbus Realtors, Rayse partner to highlight agent value

November 3, 2025 by bp56691
The collaboration gives the association’s 9,000-plus members complimentary access to Rayse through their member portal.
Categories Agent, HWmember, MLS & Associations, Ohio, Real Estate, Real Estate Agents, Technology

Mortgage spreads hit lowest level in years, keeping rates near 6%

November 2, 2025 by bp56691
Mortgage spreads hit lowest level in years, keeping rates near 6%
Improved mortgage spreads have been key to lowering rates near 6% in 2025, enhancing the housing market’s stability.
Categories Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications
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