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FOA’s James Mittleman looks ahead at 2025 with AAG integration in rearview

February 10, 2025 by bp56691
The FOA/AAG integration is largely complete and is giving the company an optimistic outlook for 2025, according to its senior vice president of retail sales.
Categories AAG, Finance of America, HWmember, LendingLife, Retail Lending, Reverse

Rocket makes a Super Bowl commercial comeback

February 10, 2025 by bp56691
The ad aired nationally during the second quarter and was set to a reimagined version of John Denver’s “Take Me Home, Country Roads.”
Categories HWmember, Marketing, Mortgage, Rocket Mortgage

‘Not Saying We’re the Best’: Homes.com airs two Super Bowl ads

February 9, 2025 by bp56691
The CoStar-owned residential listing platform is airing two more Super Bowl ads this year, again featuring Dan Levy and Heidi Gardner.
Categories Andy Florance, CoStar Group, Homes.com, HWmember, Real Estate

Vought shuts down most of CFPB’s functions, cuts off funding

February 9, 2025 by bp56691
Russell Vought, the new acting director of the CFPB, is shutting down most of its functions and has cut off its funding.
Categories CFPB, Federal Reserve, HWmember, Mortgage, Regulatory

Better mortgage spreads are capping rates in 2025

February 8, 2025 by bp56691
Better mortgage spreads are capping rates in 2025
Better mortgage spreads are limiting how high mortgage rates can rise in 2025, which is in contrast to what we’ve seen in recent years.
Categories Housing Inventory, Housing Market Tracker, HWmember, Mortgage, Mortgage Rates, New listings, Origination, Purchase Applications

A timeline of what’s happening at the CFPB under Trump

February 8, 2025 by bp56691
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Categories CFPB, Donald Trump, HWmember, Mortgage, Origination, Regulatory, Rohit Chopra

Project 2025 architect Russell Vought takes over CFPB

February 8, 2025 by bp56691
Russell Vought, an architect of Project 2025 and the current head of OMB, is the new acting head of the CFPB.
Categories CFPB, Elon Musk, HWmember, Mortgage, Regulatory, Rohit Chopra, Trump Administration

Sherry Chris urges brokers to stick with NAR in 2025

February 8, 2025 by bp56691
“I think about these brokers and associations that want to decouple and I wonder why. If they’re listening to this podcast, let’s give it a chance. Don’t do anything yet. Let’s give it a chance and see how we can all work together.”
Categories HWmember, NAR Lawsuit Settlement, national association of realtors, Podcasts, Real Estate

John Burns: The ‘California exodus’ storyline is coming to an end

February 8, 2025 by bp56691
John Burns: The ‘California exodus’ storyline is coming to an end
Despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative.
Categories California, Housing Market, Housing Market Data, HWmember, John Burns Real Estate Consulting, Los Angeles

Proprietary reverse mortgage business in Oregon could be in danger

February 7, 2025 by bp56691
A bill introduced in Oregon could halt proprietary reverse mortgage business if enacted, according to NRMLA.
Categories HECM, HWmember, NRMLA, Oregon, Regulatory, Reverse, Unison
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