Concerns over channel conflict in mortgage lending — particularly between wholesale and retail operations — are resurfacing as brokers reclaim a growing share of originations. Tension can arise when wholesale lenders also operate retail arms, potentially putting them in direct competition with the very brokers bringing them business. This strain has led companies like United […]
Mortgage broker-retail friction returns to spotlight Read More »
As anticipation builds around potential changes to the LO comp rule, some industry stakeholders have started to chime in with their visions of what form the regulation should take. The Community Home Lenders of America, specifically, is the first to publish a blueprint of what changes should be implemented to the Loan Originator Compensation Requirements.
CHLA floats rewrite of LO comp rule Read More »
United Wholesale Mortgage is refuting claims by former account executives that the company mismanaged its large retirement savings plan. Plaintiffs accuse UWM of directing unvested employer contributions in the company’s 401(k) plan toward future employee contributions, rather than administrative expenses. The class action complaint suggests the money-saving moves by UWM cost workers, whose contributions then
UWM disputes it mismanaged its employees’ retirement savings Read More »
Mortgage rates have been slowly decreasing, but is this drop significant enough to influence our weekly housing data? Keep in mind that our weekend tracker reports provide insights months ahead of the reports most Americans typically read. Therefore, we closely monitor changes in our data trends whenever mortgage rates fluctuate. The last two weeks have
Have slightly lower mortgage rates stabilized the housing market? Read More »
It’s been a strange season for the housing market, caught somewhere between post-pandemic exhaustion and pre-election caution. And yet, in the quiet shuffles of financial markets and whispered policy pivots in Washington, signs are emerging that something may be stirring beneath the surface. Just last week, mortgage rates unexpectedly improved by as much as 0.25%,
As rates dip and policy shifts, is the housing market about to wake up again? Read More »
When Elon Musk was given control over much of the federal government staffing levels at the start of President Donald Trump’s second term, real estate professionals in Washington, D.C., wondered if the sweeping layoffs would impact the housing market. While everyone has taken a wait-and-see approach, it’s getting hard to deny that people are moving
It’s official: DOGE cuts are impacting the DC housing market Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology — including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Fannie Mae, Freddie Mac jointly create U.S. Financial Technology Fannie Mae and Freddie Mac have launched U.S. Financial Technology LLC to replace Common Securitization Solutions. The
Tech Pulse: Fannie, Freddie move on fintech, crypto, fraud prevention Read More »
The U.S. Department of Housing and Urban Development (HUD) announced on Friday that Jonathan “Drew” McCall, Todd Thurman and Reid Wilson will serve in senior-level roles under the direction of Secretary Scott Turner. The appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary. Per the department, the new
HUD announces three senior leadership hires Read More »
As part of the Trump administration’s broader effort to cut regulatory burdens, the Federal Housing Administration (FHA) on Friday announced the rescission of 12 policies related to appraisal protocols, underwriter employment, flood risk management and other areas. Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA,
FHA rescinds 12 policies as Trump pushes to cut red tape Read More »
Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, there are tons of AI tools for real estate that offer a more efficient, data-driven approach to generating new client leads. From automated chatbots that qualify incoming leads and analytics to predict upcoming
20 indispensable AI tools for real estate agents Read More »