Keller Williams Expands in Milwaukee by Uniting with Houseworks Collective Team
Keller Williams enhances its Milwaukee presence by integrating the Houseworks Collective, boosting its sales volume and fostering local partnerships for growth.
CBO Report Highlights Promising Future for Fannie Mae and Freddie Mac
A CBO report reveals a positive outlook for Fannie Mae and Freddie Mac’s recapitalization, suggesting potential savings of $14.7 billion for the Treasury by 2034.
Senate Passes Updated Older Americans Act to Support Seniors and Native Elders
The Senate has advanced an updated Older Americans Act, boosting resources for seniors and enhancing support for Native elders, now headed to the House.
Senate Passes Updated Older Americans Act to Support Aging in Place
The Senate has passed an updated Older Americans Act to boost support for seniors, emphasizing home care, technology access, and funding increases.
CFPB Reports Significant Decline in Mortgage Applications and Rising Costs for Borrowers
The CFPB reports a significant drop in mortgage applications and originations in 2023, with rising costs disproportionately affecting borrowers of color.
Planet Financial Group Raises $475 Million in Successful Unsecured Debt Offering
Planet Financial Group raised $475 million in senior unsecured notes, exceeding expectations and enhancing its financial standing amid a competitive mortgage market.
French Hill Takes Helm of House Financial Services Committee Amid Leadership Changes
Rep. French Hill has been appointed chair of the influential House Financial Services Committee, promising strong leadership in U.S. financial regulation and community banking.
New Hampshire’s Housing Crisis Demands Urgent Collaborative Solutions for Growth
New Hampshire faces a housing crisis driven by rapid population growth and restrictive zoning laws, prompting lawmakers and organizations to advocate for urgent reforms.
Ellington Financial Achieves Success with $243 Million Reverse Mortgage Securitization
Ellington Financial has launched a successful $243 million reverse mortgage securitization through Longbridge, boosting profits and stabilizing dividend coverage.
Real Brokerage Expands with Urban Nest Realty’s 400 Las Vegas Agents
Real Brokerage expands its luxury real estate influence by partnering with Urban Nest Realty, adding 400 agents and enhancing its foothold in Las Vegas.
FHFA Reports Increased Foreclosures Despite Significant Homeowner Assistance Efforts
In Q3 2024, the FHFA helped over 43,000 homeowners avoid foreclosure, but foreclosure initiations surged 27%, highlighting ongoing housing market challenges.
Ginnie Mae Launches HMBS 2.0 to Strengthen Reverse Mortgage Market Liquidity
Ginnie Mae’s fiscal year 2024 report highlights its launch of HMBS 2.0 to boost liquidity in the reverse mortgage market and enhance support for older Americans.
SUCCESS Real Estate Closes Abruptly Amid Allegations of Misappropriated Escrow Funds
SUCCESS Real Estate abruptly closed its Greater Boston offices, with potential ties to escrow fund misappropriation, leaving agents and clients in turmoil.
Ginnie Mae Achieves Major Portfolio Growth and Delivers Billions to Government Revenue
Ginnie Mae’s FY24 report reveals a $423.4 billion MBS issuance, aiding 1.2 million households and contributing $1.3 billion to government revenue.
Oyssey Launches to Revolutionize Real Estate Insights Beyond Zillow’s Traditional Listings
Oyssey launches as a new real estate platform, offering rich neighborhood insights and personalized buyer-broker agreements to challenge Zillow’s dominance.
Mortgage Rates Likely to Hold Steady Despite Expected Federal Rate Reduction
As the Fed hints at rate cuts, mortgage rates near 7% are expected to remain stable, impacting housing market dynamics despite rising consumer confidence.
New Home Purchase Applications Rise Year-Over-Year Despite October Decline
Mortgage applications for new homes rose 7.2% year-over-year in November but dropped 12% from October, as first-time buyers increasingly favor new construction.