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Lawsuit claims Xactus, Equifax, others violated Fair Credit Reporting Act

July 8, 2025 by bp56691
A suit naming Xactus, Equifax, Citibank and Wells Fargo as defendants was filed in San Bernardino County Superior Court in late May.
Categories California, Citigroup, Credit, Equifax, HWmember, Lawsuit, Legal, Mortgage, Wells Fargo, Xactus

Supreme Court ruling allows Trump’s federal workforce cuts to proceed

July 8, 2025 by bp56691
The Supreme Court ruled Tuesday that the administration can proceed with plans to lay off federal workers and cut funding to federal agencies.
Categories DOGE, Donald Trump, Housing Market, HUD, HWmember, Legal, Politics, Supreme Court

Agents say Cape Coral’s housing market is correcting, not crashing

July 8, 2025 by bp56691
Agents who spoke with HousingWire think that the southwest Florida city is experiencing a natural market correction — not a collapse.
Categories Agent, Florida, Home Prices, Homeowners insurance, Housing Inventory, Housing Market Data, HWmember, Real Estate, Real Estate Agents

HUD offers foreclosure relief to Texans saddled by floods

July 8, 2025 by bp56691
The 90-day moratorium bars foreclosures on FHA-insured mortgages in Kerr County’s federally declared disaster area.
Categories Disaster Relief, Flood, Foreclosure, Government Lending, HUD, HWmember, Mortgage, Regulatory, Scott Turner, Texas

What’s the best strategy for seniors to take required minimum distributions?

July 8, 2025 by bp56691
Derek Horstmeyer, a finance professor at George Mason University, gamed out three different but common strategies on RMDs in a column published by The Wall Street Journal.
Categories HWmember, Internal Revenue Service, Retirement, Reverse, Tax

NorthstarMLS says no to delayed marketing exempt listings

July 7, 2025 by bp56691
The Minnesota-based MLS is adopting NAR’s mandatory Multiple Listing Options policy but will not implement delayed listings.
Categories Clear Cooperation, Compass, HWmember, MLS, national association of realtors, Real Estate, Real Estate Listings

Layoffs are blurring the retirement lines for seniors

July 7, 2025 by bp56691
For older people who wish to stay in the workforce, a layoff or buyout can radically change their financial picture.
Categories HWmember, Mortgage, Retirement, Reverse

FHA seeks input on buy now, pay later lending

July 7, 2025 by bp56691
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.
Categories Debt, FHA, FHA loan, Government Lending, HUD, HWmember, LendingLife, Mortgage, Regulatory, Underwriting

Why mortgage purchase apps are on a 22-week growth streak

July 6, 2025 by bp56691
Why mortgage purchase apps are on a 22-week growth streak
Purchase apps for existing homes have had 22 weeks of year-over-year growth, including nine weeks of double-digit year-over-year growth.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, New listings, Purchase Applications

Armando Falcon on the FHFA’s move toward crypto mortgages

July 3, 2025 by bp56691
Armando Falcon, chairman and CEO of Falcon Capital Advisors, shares how the GSEs can be prudent in piloting the use of crypto in mortgages.
Categories Bill Pulte, Cryptocurrency, Fannie Mae, FHFA, Freddie Mac, HWmember, LendingLife, Mortgage, Origination, Technology
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Recent Posts

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  • ‘Six-figure limit’ aims to halt Social Security trust fund insolvency

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