MLS PIN settlement business practice changes go into effect Tuesday

Subscribers to the New England-based MLS Property Information Network (MLS PIN) are gearing up for some business practice changes, which are set to go into effect on Tuesday.  The changes are the results of MLS PIN’s long-awaited settlement agreement in the Nosalek commission lawsuit. The MLS defend

TransUnion discloses cyberattack impacting 4.4M consumers

Credit bureau TransUnion disclosed Wednesday that a July cyberattack compromised the personal data of more than 4.4 million consumers, according to a filing with the Office of the Maine Attorney General. In a letter to affected customers, the company stressed that the breach did not involve its core

Gen Z offers its thoughts on the renter vs. homeowner debate

Homeownership has long been seen as a marker of stability and success. But for many in Generation Z — the youngest group entering the housing market — that dream feels increasingly out of reach. Rising mortgage rates, high home prices, student debt and career uncertainty are reshaping what housing l

Is Opendoor the next meme stock revival story or fool’s gold?

After its ride on the meme stock rollercoaster and the resignation of its CEO, Opendoor has indicated it is ready to start a new chapter, one that will ideally bring it back to profitability, but activist retail investors are asking that they get a say in the firm’s next moves.  Opendoor’s eventful

What mortgage lenders are doing to limit contract cancellations

Buyers are pulling out of purchase contracts at an alarming rate — reaching an eight-year high in July. HousingWire spoke to several lenders about how they are tackling the problem on the front end to prevent contracts from going south. Experts say the surge in collapsed deals stems from soaring hom

Mortgage lending activity sees ‘typical spring bounce’

Mortgage lending increased in the second quarter 2025, with nearly 1.76 million residential loans issued nationwide, according to ATTOM’s quarterly mortgage origination report. It was the first time since 2021 that the second quarter saw an annualized increase. The total number from April through Ju

Survey finds generational divide on economy, housing market

Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting

NAF targets reverse mortgage growth with ‘connective tissue’ marketing tactics

More than a year ago, New American Funding (NAF) launched a new marketing campaign that’s designed to inject a fresh attitude into how consumers view reverse mortgage products. Unlike NAF’s multimillion-dollar forward mortgage campaign, “Hell Yeah You’re Buying a Home,” which was announced last mont

Analysts split on what happens next with Rocket–Mr. Cooper servicing book

The Federal Housing Finance Agency (FHFA) signed off on Rocket Companies’ acquisition of Mr. Cooper Group but imposed a 20% cap on Fannie Mae and Freddie Mac servicing exposure — leaving analysts split on what comes next.  BTIG analysts Eric Hagen and Jake Katsikas estimate Rocket controls $400 bill

Texans Credit Union announces 105% LTV financing option

Texans Credit Union launched its first-time homebuyer program on Thursday, introducing three new loan options to spur home purchase activity. The three loan options include: Low down payment mortgages that require as little as 3% down. Flexible-rate loans The “Home Extra 105” package, which finances

Fidelity asks for summary judgment in suit against FinCEN, Bessent

With the implementation date for Financial Crimes Enforcement Network’s (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate Transfers fast approaching, Fidelity National Financial (FNF) and its subsidiaries are asking the court to take action in its lawsuit over the rule.  Filed i

UWM’s Mat Ishbia, Phoenix Suns sued by minority owners over records dispute

Minority investors in the NBA‘s Phoenix Suns have filed a lawsuit against the team and its majority owner, Mat Ishbia. They allege being denied access to internal records, including those tied to the funding of a practice facility. The lawsuit, filed on Aug. 21 in the Delaware Court of Chancery, com

Lisa Cook files suit against Trump, Powell and Fed Board of Governors

Federal Reserve Governor Lisa Cook filed suit against President Trump in a federal court in Washington, D.C. on Thursday. The lawsuit follows Trump’s announcement on Monday that he was attempting to fire Cook over allegations she committed occupancy fraud by designating two different properties as h

Coldwell Banker Realty adds top agent Mary Bee

Top-producing real estate agent Mary Bee has affiliated with Coldwell Banker Realty’s office in Burlingame, Calif., the company announced. She was previously affiliated with RE/MAX Capital in San Mateo. In 2024, Bee closed 27 transactions totaling more than $74.2 million in sales volume — and has su

Pending home sales show slight annual gain in July

Homebuyers remained hesitant in July, despite the slight decrease in mortgage rates and uptick in inventory, according to the National Association of Realtors’ (NAR) Pending Home Sales Index released Thursday.  Nationwide, the index fell to a value of 71.7, down 0.4% from June. On an annual basis, h

Loan originators, you’re still here. That means something.

Let’s be real: the last two years have been brutal for a lot of people in our industry. Production’s down. Pipelines are tighter. Good people have left. But if you’re reading this, you’re still here. And that means something. It means this isn’t just a job to you…it’s your business. Your calling. Yo

FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards

The Federal Housing Finance Agency (FHFA) said Tuesday it has allowed Fannie Mae and Freddie Mac to approve Rocket Companies’ planned acquisition of Mr. Cooper Group, noting the combined company should not exceed a 20% counterparty risk limit set for the government-sponsored enterprises (GSEs). Detr

LISC appoints Valerie White to lead national housing strategy

The Local Initiatives Support Corp. (LISC) has appointed Valerie White to lead its national housing team — expanding her role beyond her current position as senior executive director of LISC New York. White will oversee the organization’s national housing investments — which total $30.4 billion to d

Clear Capital partnership introduces automated property condition reports

Real estate analytics and valuation firm Clear Capital has formed a partnership with CAPE Analytics, offering a new automated property condition tool for home equity lenders. The collaboration introduces an Automated Property Condition Report (aPCR) and an inspection cascade designed to speed up loa

Howard Hanna enters Georgia with latest acquisition

Howard Hanna Real Estate Services is continuing its growth efforts. On Tuesday, the firm announced its acquisition of Coastal Properties, which serves clients in the Lowcountry regions of South Carolina and Georgia. The financial terms of the deal were not disclosed.  Howard Hanna said the acquisiti