Greystone’s new $137M fund lands as LIHTC investment rises

Eight months ago, Greystone Real Estate Capital was just getting started raising money for affordable housing projects. It has now closed its second fund in less than a year, drawing three existing institutional investors and five new ones. Greystone’s latest fund brought in $137 million, pushing th

loanDepot asks judge to toss West Capital Lending complaint

loanDepot has asked a federal judge to dismiss a lawsuit accusing the lender of violating federal loan originator compensation rules, arguing that mortgage brokerage West Capital Lending (WCL) lacks standing to sue and is improperly trying to use consumer protection laws to pursue a competitive busi

Awaiting the CFPB’s next act ahead of Vought’s departure

Nearly 15 years after opening its doors in the wake of the financial crisis, the Consumer Financial Protection Bureau (CFPB) is operating in a markedly different form than it did just a year ago. Since the Trump administration took over at the start of 2025, the agency’s operations have been in limb

Cody Pearce returns to YES Communities as president

Cody Pearce has returned to YES Communities, one of the nation’s largest manufactured housing community operators, as president, effective July 13, 2026, the company announced. Pearce will oversee day-to-day operations at one of the nation’s largest owners and operators of manufactured housing commu

Beshara Real Estate Team joins Compass Atlanta

The Beshara Real Estate Team, a RealTrends Verified-ranked team in Marrietta, Georgia, led by principal agent Brenda Beshara, has joined Compass Atlanta after 19 years with Keller Williams, the company announced on Wednesday. Based in East Cobb, the seven-person team serves buyers and sellers across

Builder confidence falls in July as affordability pressures persist

Homebuilder confidence fell again in July as affordability pressures and economic uncertainty continued to weigh on demand, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Thursday.  According to the index, homebuilder confidence in Ju

Despite ROAD Act passing, no construction boom is coming

The recently passed 21st Century ROAD to Housing Act got a lot of love and attention, as it is supposed to be the first step toward building a lot more homes in America. But as is often the case, what politicians promise can be more hype than reality, and I believe this is another example. My bias i

Atlantic Avenue posts 25% monthly gain, leads HECM broker endorsements in April

Home Equity Conversion Mortgage (HECM) endorsements for April showed that the nation’s top brokerages continued to originate federally insured reverse mortgages at higher or similar levels to their pace over the past year. That’s according to data released this week by Reverse Market Insight (RMI) a

Foreclosures climb 21% in first half of 2026, pushed by higher stress in FHA, VA mortgages

U.S. foreclosure activity rose again in the first half of 2026, with 227,548 properties receiving filings, up 21% from the same period in 2025, according to ATTOM’s midyear foreclosure report released Thursday. The report — which tracks default notices, scheduled auctions and bank repossessions — sh

Compass files ethics complaints against Zillow in 26 states

Compass International Holdings has filed Code of Ethics complaints against Zillow, the brokerage firm confirmed to HousingWire on Tuesday.  According to a Compass spokesperson the complaints, which allege that Zillow has made false advertising claims, spans 26 states, 55 MLSs and 30 Realtor associat

NTREIS names Joey Bandemer VP of data governance

North Texas Real Estate Information Systems, Inc. (NTREIS) has named Joey Bandemer vice president of data governance and customer experience, the MLS said in an announcement on Tuesday. The MLS said the hire is the latest step in a broad modernization effort at NTREIS under CEO Chris Carrillo, who t

UWM broker ultimatum tied to 5 bps price drop at rivals

United Wholesale Mortgage (UWM)’s 2021 move to bar its broker partners from also sending loans to Rocket Mortgage drove an average price decrease of 5 basis points per loan at companies not targeted by the policy, according to a new academic paper. The analysis, conducted by Spencer Stone of the Uni

Zillow says conspiracy, MRED and Compass say Zillow did this to itself

After exchanging post-hearing briefs late last week in their ongoing antitrust dispute, Zillow, Midwest Real Estate Data (MRED) and Compass filed replies to each others’ briefs on Monday.  In briefs filed last Thursday, Zillow alleged an “unlawful conspiracy” to cut off its access to Chicagoland lis

Christy Soukhamneut on joining Stockton Mortgage as chief strategy and innovation officer

Stockton Mortgage recently announced that it has appointed Christy Soukhamneut as its new chief strategy and innovation officer. Soukhamneut brings more than 20 years of executive leadership experience across independent mortgage banks, banks and credit unions — including prior roles with University

Bank regulators issue guidance on credit risk for unauthorized workers

Federal banking regulators on Monday issued guidance to remind financial institutions of their existing obligations for managing credit risk when lending to borrowers who are not legally authorized to work in the U.S. The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance

Cornerstone Capital Bank expands retail mortgage presence by adding Daryl Wizelman Team

Cornerstone Capital Bank and its mortgage lending division, Cornerstone Home Lending, have added veteran mortgage executive Daryl Wizelman and The Wizelman Team, expanding the lender’s retail mortgage operations. Wizelman joins Cornerstone after more than 35 years in mortgage banking and financial s

Ground leases taking root in affordable housing deals as costs rise

Ground leases are reshaping how affordable housing developers finance projects amid scarce capital and rising construction costs. Two recent deals show the trend taking hold in expensive, reform-minded markets. In Santa Cruz County, The Pacific Companies, an affordable housing developer in the West,

The brokerage blueprint is changing. Keller Williams just proved it with the JMG acquisition

Keller Williams made waves on Monday when it announced its acquisition agreement with the Jason Mitchell Group (JMG). And while this is big news for the real estate brokerage franchisor, Steve Murray, the co-founder of RealTrends Consulting sees this as an even bigger deal for real estate companies

Taylor Morrison appoints Jeremy Hampson as Jacksonville division president

Taylor Morrison has appointed Jeremy Hampson as president of its Jacksonville division, adding a nearly 15-year homebuilding veteran as the division pursues strategic growth. Hampson joins Taylor Morrison from Freehold Capital Management, where he served as division president of Florida. He previous

Workflow Before Technology: Why mortgage transformation starts with governance, not AI

Mortgage lenders continue to invest in AI, automation and digital transformation despite ongoing cost pressures. Yet many organizations still struggle to achieve the returns they expected. Larry Bailey, CEO of Mortgage Workflow Partners, said the problem isn’t the technology itself. It’s that lender