HousingWire
- HUD settles with PHH over alleged mortgage payment fees that violated FHA rules January 13, 2025HUD has settled with PHH over fees the company allegedly attached to mortgage payments. The department called the settlement "historic."
- Here’s why Trump’s presidency is keeping agents up at night January 13, 2025Building material costs, skilled labor supply and affordable housing options were top-of-mind issues in a survey of 1,200 real estate pros.
- Wildfire damage with a reverse mortgage? Here’s what to do January 13, 2025First and foremost, borrowers need to contact their servicer immediately if their home is damaged by wildfire, experts said.
- Over 400K mortgages may be underinsured for flood risk: CFPB January 13, 2025The CFPB found that hundreds of thousands of mortgaged properties in the southeast and central southwest alone may be underinsured.
- Fairway eyes reverse mortgage expansion in 2025 January 13, 2025Fairway is eyeing an expansion of its H4P business by bringing new professionals and referral sources into the fold this year.
- How do you put a price on the wildfire damage in LA? January 13, 2025You’re bound to find variability in the total cost estimates related to the damage and destruction caused by the wildfires in Southern California, but some of the variations are exacerbated by what is included versus what is excluded in these estimates.
- Why do we see more home sellers but fewer home sales? January 13, 2025There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward. Mortgage rates […]
- Mr. Cooper announces retirement of Xome CEO Mike Rawls January 13, 2025Mr. Cooper Group named former vice chairman and President Chris Marshall as the new CEO of subsidiary real estate solutions firm Xome. Marshall will replace former CEO Mike Rawls, who is set to retire effective June 30.
- Where the Los Angeles housing market stands and where the wildfires could take it January 13, 2025When looking at the parts of the city that are most impacted, it’s clear that the wildfires have destroyed — or are threatening to destroy — some pretty expensive housing.
- loanDepot promotes Bart Evans to Southeast regional vice president January 13, 2025Top 20 U.S. mortgage lender loanDepot announced the promotion of regional sales director Bart Evans to regional vice president for the Southeast region.