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May 2025

Rate’s Jesse Allen on the progress of a reverse mortgage revamp

HECM, HWmember, Loan Officer, Marketing, Rate, Reverse /

In November, Chicago-based mortgage lender Rate — formerly known as Guaranteed Rate — announced that it was “revamping” its dedicated reverse mortgage division by appointing two longtime industry veterans to lead its efforts with older borrowers. Industry veteran Jesse Allen, formerly of OneTrust Home Loans and American Advisors Group (AAG) is now leading the division […]

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Like other states, Colorado confronts realities of the ‘silver tsunami’

Aging in Place, Colorado, HWmember, Reverse /

When looking at the fastest-growing state populations for residents 60 and older, Colorado is not at the top of the list, but it’s close. Outstripped only by Alaska and Wyoming, respectively, Colorado and Oregon have seen their shares of older residents increase by 1.9% between 2013 and 2023. This has led some state residents to

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Pacific Sotheby’s International Realty appoints president

Brokerage, People Movers, Real Estate /

Pacific Sotheby’s International Realty has appointed Martha Mosier as its new president, the brokerage announced Monday. Mosier — a longtime figure in southern California’s real estate industry — previously served as president and general counsel at Berkshire Hathaway HomeServices California Properties, where she held executive roles since 2008. She brings a background in law and

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HUD secretary tours Nevada federal land to talk housing development

Affordable housing, House of Representatives, Housing Market, HUD, HWmember, Nevada, Politics, Regulatory, Senate /

The secretaries of the U.S. departments of Housing and Urban Development (HUD) and the Interior (DOI) journeyed to southern Nevada in an effort to highlight the Trump administration’s plan to sell federal lands to private developers for the purposes of housing development. Joined by Nevada Gov. Joe Lombardo (R) and Rep. Mark Amodei (R-Nev.), HUD

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Joe Gormley addresses pesky rumors about Ginnie Mae

Cybersecurity, Delinquencies, DOGE, Ginnie Mae, Government Lending, HWmember, LendingLife, Mortgage, Mortgage Bankers Association /

What you might have heard about Ginnie Mae is simply rumor, according to Joe Gormley, the government-owned company’s executive vice president and chief operating officer. Gormley says that Ginnie Mae has adequate staffing to fulfill its mission, has no plans to shrink the size of issuers and furthermore is happily accepting new issuers. In a

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Inventory back to 2019 levels and what that means for 2025

Affordability, Altos, Data & Visuals, Existing home sales, Home Prices, Home Sales, Homebuyers, Housing Inventory, Housing Market, Housing Market Data, Housing Market Tracker, New Home Sales, Pending Home Sales, Real Estate /

To start things off, I have an announcement to make, today will be my last weekly article for Altos Research. I founded Altos nearly 20 years ago to bring a new level of analytics and data to the housing market. Two and a half years ago, Altos was acquired by HousingWire, and it’s been tremendously

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HomeVestors franchisee accused of running Ponzi scheme

Dallas, Investors, Lawsuit, Ponzi scheme, Real Estate, Texas /

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors out of tens of millions of dollars. According to lawsuits and ProPublica interviews with alleged victims, Charles “Chas” Carrier, the owner of C&C Residential Properties,

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Why Servant Leadership is Fueling Real Estate’s Fastest-growing Brokerages

Why Servant Leadership is Fueling Real Estate’s Fastest-growing Brokerages

Real Estate Agent Essentials, Vetted by HousingWire /

Servant leadership is more than a lazy LinkedIn buzzword cooked up by corporate PR teams. It’s a crucial reason why new school brokerages like The Agency and Real outsold Keller Williams last year. If you want to scale your team or brokerage in 2025, lead by example, or get left behind. Not convinced? Mauricio Umanasky,

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Mortgage bonds largely unscathed after Moody’s downgrade of US

Capital markets, MBS, Secondary markets /

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Mortgage Rates Briefly Over 7% Before Mid-Day Improvement

Uncategorized /

Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody’s credit rating downgrade of the U.S.  News of the downgrade broke with only minutes left in Friday’s market/business day, so most of the response played out when global markets opened again late last night. The initial reaction involved stock prices moving lower

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