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June 2025

ERA Real Estate affiliate expands in Pennsylvania

Anywhere, Brokerage, HWmember, Mergers and Acquisitions, Pennsylvania, Real Estate, Real Estate Agents /

Mountain Realty ERA Powered has acquired Miller & Associates Real Estate, an independent brokerage based in Gettysburg, Pennsylvania. The newly merged firm will operate under the Mountain Realty ERA Powered name, with a combined total of 34 agents across two offices. The acquisition expands Mountain Realty’s footprint westward, increasing its presence in central Pennsylvania (including […]

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Coldwell Banker Realty adds California agent, team members

Brokerage, California, Coldwell Banker, HWmember, People Movers, Real Estate, Real Estate Agents, Silicon Valley /

Erick Fernandez — founder of the real estate group EF Homes — has joined Coldwell Banker Realty’s office in Aptos, California, marking a shift from his prior affiliation with Keller Williams. He brings more than two decades of business experience and is accompanied by EF Homes team members Laif McClellan and Cecilia Baron. Fernandez, who

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ICE Mortgage Technology launches its own APOR index

CFPB News & Analysis, Mortgage technology, Secondary markets /

ICE Mortgage Technology has launched its own publicly available weekly average prime offer rate [APOR] index, the company announced Tuesday. The APOR index is the underlying interest rate source used to determine what qualifies as a higher-priced mortgage loan under federal regulations. For more than a decade, the Consumer Financial Protection Bureau has published the

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Fannie, Freddie need rules to avoid ‘Race to the Bottom,’ NHC says

Fannie Mae, Freddie Mac, Secondary markets /

Privatizing Fannie Mae and Freddie Mac risks a return to the kind of perilous mortgages that helped cause the global financial crisis unless regulatory safeguards are kept in place, an affordable housing nonprofit said in a paper on Tuesday.  READ MORE: GSE overhaul talk revives as key players meet “This is essential to averting the

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GSE overhaul talk revives as key players meet

Politics and policy, Secondary markets /

The Federal Housing Finance Board is reportedly back in action after a long hiatus, leading to speculation that the Trump administration could be working on taking its next steps forward in contemplating government-sponsored enterprise reform. The heads of Fannie Mae and Freddie Mac’s conservator and regulator, Securities and Exchange Commission, Department of Housing and Urban

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CFPB servicing rule change raises alarm for bankers

CFPB News & Analysis, Regulation and compliance, Servicing /

The American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures that brought flexibility to servicers.  While stating its support to the easing of some regulations proposed since the beginning of the second Trump term, the ABA urged the bureau to retain

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No Fed rate cut until September at earliest, economists say

Economy, Federal Reserve, Housing markets, Mortgage Rates, Politics and policy /

Not only does the full panel of economists surveyed by Wolters Kluwer feel the Federal Open Market Committee will not cut short-term rates at its meeting today and tomorrow, less than 10% expect it to act in July. The Blue Chip Economic Indicators report also soundly discounts Pres. Trump’s call for the Fed Funds Rate

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US homebuilder sentiment drops to lowest level since end of 2022

Homebuilders, Housing Inventory, REALTORS & HOMEBUILDERS /

Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy.  A gauge of market conditions from the National Association of Home Builders and Wells Fargo slipped 2 points to 32 this month. Economists expected 36 in

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Builders scale back as costs, supply rise

Homebuilders, Housing Inventory, Housing markets, REALTORS & HOMEBUILDERS /

Housing permits fell in April, according to the National Association of Home Builders. This marks the fourth month in a row of depressed housing permits, a sign that builders continue to pull back on construction amid an anemic housing market. Nationwide permits to build single-family homes were down 4.7% through April compared to the same

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