Rising Inflation and Mortgage Rates Raise Concerns Over Economic Recession
Soaring inflation and mortgage rates pose challenges for homebuilders, emphasizing the importance of labor dynamics in predicting potential economic downturns.

Highlands Residential Mortgage Welcomes Daniel McCoy as Southeast Regional Construction Loan Manager
Highlands Residential Mortgage appoints Daniel McCoy as Southeast regional construction loan manager, aiming to enhance growth and innovation in construction lending.

Trump’s Push for Influence Challenges Republican Commitment to Federal Reserve Independence
Trump seeks to influence the Fed with low rates, but many GOP lawmakers prioritize its independence and stability, reflecting conflicting views on monetary policy.

Rocket Mortgage Challenges HUD Accountability Over Appraiser Actions in Legal Battle
Rocket Mortgage is suing HUD over appraisal accountability while facing DOJ claims of biased home valuations affecting a Black homeowner’s refinance.

HomeServices Prepares for 2025 by Reaffirming Its Core Identity and Values
HomeServices of America aims to strengthen its core identity in 2025 by simplifying real estate transactions and staying true to its foundational mission amidst market challenges.

UWM Launches 60bps for 60 Days Initiative to Support Brokers This Winter
United Wholesale Mortgage launches “60bps for 60 Days” incentive for brokers, offering 60 basis points on loans for high-FICO borrowers through January 2025.

Connie Lindsay Joins Rate as Senior VP of Mortgage Lending in Washington
Connie Lindsay joins Rate as senior VP of mortgage lending in Washington, set to enhance the company’s presence with her expertise and focus on clients.
Oregon’s New Bill Threatens Future of Proprietary Reverse Mortgages
Oregon’s proposed bill could restrict proprietary reverse mortgage options, raising concerns about senior protections and industry access amid misleading practices.
Crye-Leike Pursues Protection in NAR Settlement Amid Sales Data Dispute
Crye-Leike seeks to delay the Gibson lawsuit, arguing for inclusion in the NAR settlement due to its independent brokerage structure and reported sales.
Washington D.C. Enhances Senior Protections Against Reverse Mortgage Foreclosure Risks
Washington, D.C. passes new legislation to bolster protections for seniors with reverse mortgages, preventing foreclosure and providing financial assistance.
Mortgage Servicing Sector Faces Reluctance in Adopting Modern Technology Solutions
At the MBA servicing event, industry leaders stressed the urgent need for modern mortgage servicing technology amid hesitance and challenges in adapting to change.
Homebuyer Sentiment Slightly Improves Despite Ongoing Affordability Challenges
Fannie Mae reports a slight rise in homebuyer optimism in January amid ongoing concerns over high mortgage rates and housing affordability challenges.
Labor Market Resilience Maintains High Mortgage Rates Amid Economic Uncertainty
Labor market resilience keeps mortgage rates high at around 7%, as job growth stabilizes while signs of a downturn loom over the future.
Insurance Cancellations Heighten Fire Threat for Homeowners in Southern California
State Farm’s drastic insurance policy cancellations in wildfire-stricken Southern California leave homeowners facing financial peril and scrambling for coverage alternatives.
HUD Secretary Scott Turner Announces Gender Policy Shift and Revitalization Plans
HUD Secretary Scott Turner hosts his inaugural town hall, pledging to shift policy back to recognizing two genders while enhancing community housing efforts.
Realtor.com Joins Exodus of Companies Moving Headquarters to Austin Texas
Realtor.com is relocating its headquarters from California to Austin, Texas, joining a growing trend of tech companies seeking talent and a favorable business climate.
Mortgage Servicers Strategize Amid Shifting CFPB Regulatory Landscape
Mortgage servicers are adapting their compliance strategies as the CFPB faces reduced authority, reshaping the industry’s approach to consumer protection.