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Keller Williams settles Batton homebuyer commission lawsuit for $20 million

February 3, 2026 by bp56691
Keller Williams settled the Batton homebuyer commission lawsuit for $20 million, releasing its agents and franchisees from antitrust claims.
Categories Brokerage, Commission Lawsuit, HWmember, Keller Williams, Legal, Real Estate, sitzer/burnett

MBA’s Broeksmit says credit bureau trade group “gaslit” mortgage industry

February 2, 2026 by bp56691
“From a risk management perspective, continuing to require three in-files and three scores on every borrower has long been an anachronism,” Broeksmit said
Categories Bob Broeksmit, Credit Score, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Origination

Retirement accounts become emergency funds as financial stress rises

February 2, 2026 by bp56691
Surveys show Americans tapping savings accounts meant for later life to cover immediate needs, even as markets reached record highs in 2025.
Categories Affordability, baby boomer, HWmember, Retirement, Reverse, Social Security

Fewer Medicare Advantage plans could create tough choices for senior homeowners

February 2, 2026 by bp56691
Rising health care costs, paired with minimal rate growth for Medicare Advantage plans, could accelerate insurer withdrawals from states and counties nationwide, potentially disrupting coverage options for millions of older Americans.
Categories baby boomer, Centers for Medicare and Medicaid Services, Healthcare, HWmember, Retirement, Reverse

Housing demand is still positive even with epic snowstorm

February 1, 2026 by bp56691
Housing demand is still positive even with epic snowstorm
Despite a major snowstorm and Fed news, housing data stayed positive as mortgage rates held near 6% and purchase apps rose 18% year over year.
Categories Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications

WalletHub says these are the best states for retirees in 2026

January 30, 2026 by bp56691
According to WalletHub, the best states tend to combine low taxes with manageable living costs and strong support systems for older adults.
Categories Affordability, Florida, HWmember, Retirement, Reverse, Reverse Mortgage Daily, South Dakota, WalletHub, Wyoming

House approves funding boost for Social Security Administration

January 30, 2026 by bp56691
Provisions would give the agency an additional $50 million for customer service through fiscal year 2026, which ends Sept. 30.
Categories Congress, House of Representatives, HWmember, Retirement, Reverse, Social Security, Social Security Administration, Trump Administration

Austin Niemiec to lead Rocket Pro as Dan Sogorka departs

January 30, 2026 by bp56691
Austin Niemiec will take the helm of Rocket Pro, the broker channel of Rocket Mortgage, following the departure of Dan Sogorka.
Categories HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Team Leaders

Zillow workforce reduced by 3% amid annual performance reviews

January 30, 2026 by bp56691
Zillow cut roughly 200 employees, or 3% of its workforce, during annual reviews while keeping job postings steady and growing revenue 16%.
Categories HWmember, People Movers, Real Estate, Zillow

PennyMac reports Q4 profit of $107M as origination growth offsets MSR runoff

January 29, 2026 by bp56691
PennyMac’s Q4 2025 net income reached $106.8M as higher mortgage production offset servicing income declines from prepayments.
Categories Earnings, HWmember, Mortgage, Mortgage Servicing, Origination, PennyMac
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