A new racketeering lawsuit claims two Hallmark Home Mortgage employees aided a homebuilder in a construction Ponzi scheme that affected hundreds of customers. Processing Content Florida resident Reynel Suarez named the lender and its parent, Fairway Home Mortgage, among a dozen defendants in his class action late last month. The plaintiff says Hallmark disbursed millions […]
Hallmark Home Mortgage accused in Ponzi scheme lawsuit Read More »
One of the country’s leading mortgage lenders is moving into crypto, allowing borrowers to submit digital holdings as assets to be considered when applying for certain home loans. Processing Content National lender and servicer Newrez announced it will begin to recognize and accept cryptocurrencies in February across its Smart Series suite of nonagency products without
Newrez announces plan for crypto in originations Read More »
Sales of new homes in the US were little changed in October near the strongest pace since 2023 as builders lured anxious customers with price cuts and incentives. Processing Content New single-family home sales eased 0.1% to an annual rate of 737,000 following a 3.8% September increase, according to government data released Tuesday. The report,
Sales of new US homes hold close to fastest pace since 2023 Read More »
Processing Content Key insight: Inflation showed little sign of slowing in December, with monthly and annual inflation rates unchanged from November. Prices rose 0.3% in December and 2.7% year over year. Supporting data: Core inflation, measuring the rise in prices excluding food and fuel, rose 0.2% in December. Food prices rose 0.7%. Dairy products rose
Inflation holds steady at 2.7% as December prices stay hot Read More »
Bloomberg News Processing Content Key Insight: The CFPB and DOJ said they withdrew the 2023 guidance to correct the misimpression that ECOA imposed limits on considering immigration or citizenship status in a credit application. What’s at Stake: The move is part of the Trump administration’s effort to restore alignment with established federal civil rights law
CFPB, DOJ withdraw Biden-era opinion on immigrants and credit Read More »
Getty Images Processing Content Key Insight: Market watchers have expressed concern that the Trump administration’s threat of criminal charges against Fed Chair Jerome Powell can push mortgage interest rates up and devalue U.S. financial assets. Expert Quote: “At this point, Fed independence is on life support. It will be dead if the Senate confirms a
Markets, lawmakers scramble amid DOJ inquiry into Fed Read More »
Housing inventory growth has slowed from 33% year over year in mid-2025 to 10.0% today. The cooling marks the clearest end to the supply-shortage era and the beginning of a market where pricing power will be determined more by demand strength, rates and buyer behavior than scarcity alone. As HousingWire Lead Analyst Logan Mohtashami recently
U.S. housing inventory growth slows to 10% as demand reshapes the 2026 market Read More »
Skyrocketing health care costs are threatening early retirement dreams for millions of Americans. Enhanced Affordable Care Act (ACA) subsidies expired at the end of 2025 — leaving 24 million people facing a sharp rise in health insurance costs unless Congress acts. Middle-income Americans ages 50 to 64 are most at risk, according to KFF data
Skyrocketing health care costs threaten early retirement Read More »
QXO today announced an additional funding round to support its next acquisition(s), as the firm aims to disrupt and consolidate the highly fragmented $800 billion building products industry. The company’s $1.2 billion investment made public last week now totals $3 billion, with an additional $1.8 billion in funding from Apollo, Temasek, and other investors announced
QXO announces additional $1.8 billion raise for deal war chest Read More »
REMAX Fine Properties and REMAX Professionals have merged to form the largest REMAX brokerage in Arizona. Combined operations will work under the REMAX Fine Properties name and maintain nine offices across the state. The brokerage now includes roughly 350 affiliated real estate professionals, according to leadership. Jamie Wong will continue as broker-owner of the expanded
Merger forms largest Arizona REMAX brokerage Read More »