HWmember – Page 58 – Cantilever Real Estate

Rocket plays the long game with its renter rewards program

February 22, 2025 by bp56691

The recently announced RocketRentRewards program from Rocket Mortgage — which the company says is the homeownership industry’s first offer to provide closing cost credits for renters — allows homebuyers who use Rocket as their lender to earn 10% back on their last 12 months of rental payments.

InGenius hires Sue Woodard as chief customer officer

February 21, 2025 by bp56691

Mortgage and real estate data provider InGenius has tapped industry veteran Sue Woodward as its new chief customer officer.

GOP bills would eliminate funding for the CFPB

February 21, 2025 by bp56691

Two Republican lawmakers from Texas have introduced bills that would end funding for the Consumer Financial Protection Bureau (CFPB), the latest in a series of swift moves by the Trump administration that target the embattled regulator.

Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies

February 21, 2025 by bp56691

Longbridge CEO Chris Mayer speaks with HousingWire’s RMD about forward mortgage partnerships and the potential of HECM for Purchase.

With Ginnie Mae under fire, concern about market disruption is growing

February 21, 2025 by bp56691

Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.

Trump’s special envoy says California wildfire aid will come with conditions

February 21, 2025 by bp56691

Richard Grenell, the special envoy to President Donald Trump, said there will be strings attached to California wildfire aid, Politico reported on Friday.

eXp rides Clear Cooperation to international growth

February 21, 2025 by bp56691

While Robert Reffkin and Compass are touting their success while pushing for the repeal of the National Association of Realtors’ (NAR) Clear Cooperation Policy, eXp Realty executives are claiming that the North American MLS system is helping to fuel their company’s strong international growth.

Judge clears way for federal layoffs, including at the CFPB and VA

February 21, 2025 by bp56691

A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.

NAR, Phoenix Realtors settle dispute over three-way agreement

February 20, 2025 by bp56691

The Phoenix Association of Realtors (PAR) has blinked first in its game of chicken with the National Association of Realtors (NAR).
The groups announced Thursday that they’ve come to an agreement that will pare down PAR’s membership option to agents who are not Realtors, bringing PAR into compliance with NAR’s bylaws.

Massachusetts AG sues Hometap over ‘illegal reverse mortgage’

February 20, 2025 by bp56691

Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”