Mortgage lending has a Day 28 problem. Borrowers engage with lenders on Day Zero. Expectations get set. Loan options get discussed. Confidence gets built. Then income finally receives scrutiny on Day 28—deep in underwriting, after time, money, and operational effort have already been spent. The result? Income surprises kill deals. Borrowers wait, frustrated. Lenders scramble […]
How upfront income accuracy transforms lending Read More »
America’s quilt work of states whose governors and lawmakers are bucking for housing policy change to break through supply constraints at the root of the nation’s affordability crisis now counts Massachusetts among them. With a focus on prohibitively constrictive building codes and zoning ordinances, Gov. Maura Healey has adopted an approach officials in other states
Massachusetts studies adding supply with single-stair apartments Read More »
Mike Fawaz said Monday that he’s departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March. “After nearly 15 years, I have made the thoughtful decision to step away from Rocket,” Fawaz said in a statement given to HousingWire. “After significant reflection, I believe this is
Exclusive: Mike Fawaz announces departure from Rocket Pro Read More »
More than one-third of working-age Americans lack access to an employer-sponsored retirement plan, and those who do have median balances of just $40,000, according to a new study from the National Institute on Retirement Security (NIRS). The analysis of U.S. Census Bureau data from December 2022 paints a stark picture of retirement preparedness for the
Home equity props up retirees as savings fall short Read More »
Michelle Bowman, the Federal Reserve‘s vice chair for supervision, used a major industry forum to argue that Basel capital rules have helped to drive mortgage lending and servicing away from banks — and that it’s time to reconsider that approach. Addressing the American Bankers Association (ABA)’s 2026 Conference for Community Bankers on Monday, Bowman described
Basel capital rules may be revised to boost bank mortgage lending Read More »
PropLogix has launched a reporting service through the Financial Crimes Enforcement Network (FinCEN), offering help for title agents to comply with new federal rules. The Department of the Treasury’s Residential Real Estate Reporting Rule mandates reporting on certain residential property purchases made on or after March 1, 2026, when entities or trusts buy them without
PropLogix launches FinCEN reporting service for title agents Read More »
Real estate agent Kristin Sprague has rejoined Coldwell Banker Realty-Gundaker — returning to the brokerage where she began her career in 1995. Sprague has worked in the St. Louis metro area for more than 25 years. According to the most recent RealTrends Verified rankings, she remains among the most recognized agents in the St. Louis
St. Louis agent Kristin Sprague returns to Coldwell Banker Read More »
Like it or not, for consumers in today’s market for a newly built home – especially younger, more price- and interest-rate sensitive ones – a home builder is a homebuilder is a homebuilder. Product, price, and location may reveal nuanced differences, and offer a finite toolbox of motivators – i.e. incentives. Other than those nuances,
Beazer Homes’ key differentiator? Sustainability and innovation Read More »
A federal judge has defeated a trade group’s bid to stop tighter lending rules for clean energy loans, overriding protests that the move would hike costs and diminish demand. Processing Content The ruling on summary judgment this week by U.S. District Judge Tom Barber, in favor of the government, means administrators with the Property Assessed
Trade group loses bid to block PACE rules Read More »
Could your artificial intelligence-powered voice agents break the law in talking to consumers? Processing Content Experts behind agentic AI technology in the mortgage space suggest it’s already happening. The digital voice assistants offered by leading lenders, which help hundreds of thousands of customers today weigh home buying options and facilitate monthly mortgage payments, could also
AI voice agents stir TCPA compliance debate Read More »