Amid a new administration and new lending rules entering the arena, 60% of organizations say they are struggling to keep systems aligned with evolving federal and state rules. That’s according to new survey findings from Carleton, a provider of compliant loan calculation and disclosure solutions. The company evaluated the extent to which lenders face ongoing […]
Mortgage compliance challenges affect 60% of lenders Read More »
If Compass’s proposed acquisition of Anywhere Real Estate moves forward, the companies will jointly oversee a $9 billion-per-year mortgage operation in partnership with Rate — enough to make them the 26th-largest U.S. originator in the first half of 2025. On Monday, Compass and Anywhere announced a definitive all-stock merger agreement that values Anywhere at $10
Compass-Anywhere deal brings $9B mortgage JVs under one roof Read More »
San Diego-based Smartfi Home Loans, a top 15 U.S. reverse mortgage lender, recently made the decision to close its retail division and place an “exclusive focus” on its wholesale channel, the company confirmed Tuesday with HousingWire’s Reverse Mortgage Daily. The move was officially announced Sept. 15 and ends a short stint for the company’s retail
Smartfi Home Loans shutters retail division Read More »
The National Association of Realtors (NAR) may have been dismissed from two lawsuits related to its three-way membership agreement, but that didn’t stop William Whittman from filing his own suit on Friday. Whittman, who is a licensed broker in Maryland, D.C. and Virginia, is suing NAR, Virginia Realtors, Northern Virginia Association of Realtors, Maryland Realtors
NAR faces new Whittman antitrust suit over membership structure Read More »
The Department of Veterans Affairs (VA) announced Tuesday that it will distribute $84 million in grants to 176 organizations nationwide to help veterans who are homeless or at risk of losing housing. About $42 million will go toward legal aid — with the remaining half supporting case managers who work directly with veterans to keep
VA awards $84 M in grants to support homeless veterans Read More »
For Anywhere Real Estate, news of its acquisition by Compass, generated quite a bit of interest in its stock, thanks to the excitement of what this deal means for the future of the company. The real estate conglomerate saw its stock price rise from $7 at close of market on Friday to over $11 at
Compass’s Anywhere deal raises questions about industry power shifts Read More »
On Tuesday, Federal Housing Finance Agency (FHFA) Director Bill Pulte took to X to announce the agency’s termination of the advisory committee on affordable, equitable and sustainable housing, also known as ACAESH. “Effective Immediately, U.S. Federal Housing is TERMINATING Biden’s ‘racial equality committee’ which was dishonestly labeled ‘Affordable, Equitable, and Sustainable Housing.’ We are, instead,
Pulte says FHFA is terminating equitable housing committee Read More »
Cold calling usually isn’t a part of what real estate agents look forward to, but it still works if you do it right. Picking up the phone and having a direct conversation is one of the quickest ways to meet new clients and uncover opportunities you wouldn’t find otherwise. The challenge for most agents is
11 Real Estate Cold Calling Scripts for Lead Gen (+Tips & Tools) Read More »
Mortgage rates are based on bonds and bonds take their most important cues from big ticket economic reports. But such reports have been in short supply so far this week. Instead, the market has been left to focus mainly on speeches from various Federal Reserve officials. Fed speeches can certainly have an impact, but it
Mortgage Rates Little Changed on Tuesday Read More »
President Donald Trump said Democrats must drop their demands for renewing health care subsidies and ending Medicaid cuts before he’ll agree to negotiate with congressional leaders at a meeting they planned for Thursday, ratcheting up the risk of an Oct. 1 government shutdown. “After reviewing the details of the unserious and ridiculous demands being made
Trump upends shutdown talks with Democrats as deadline nears Read More »