A federal trade court has blocked President Donald Trump’s efforts to impose broad tariffs under emergency powers — ruling the move exceeded the authority granted to the president by the 1977 International Emergency Economic Powers Act (IEEPA). A three-judge panel of the U.S. Court of International Trade issued the decision Wednesday, siding with plaintiffs who […]
Federal Court blocks Trump’s ‘Liberation Day’ tariffs Read More »
Experts are weighing the future of mortgage rates and guarantee fees following the Trump administration’s strong yet mixed messaging on the future of Fannie Mae and Freddie Mac. President Trump in a Truth Social post Tuesday said he’s working on taking the government-sponsored enterprises public, stating they would retain their “implicit guarantees,” and that he
What Trump’s latest GSE comments could mean for mortgages Read More »
Agent Janice Pouch had a listing go up in February for a single-family house in a desirable part of Washington, D.C., where homes typically don’t last long. She had no reason to think that wouldn’t be the case this time either, especially after a packed open house during its first weekend on the market. Instead,
DOGE effect? Housing inventory in DC is rising faster than the rest of the country Read More »
Arrive Home has launched two new iterations of its Earned Equity Program (EEP), which helps consumers achieve homeownership through a long-term purchase contract. The program is now available through two separate products designed for different groups of borrowers: EEP Pathway and EEP DocLight. EEP Pathway is ideally suited for individual tax identification number (ITIN) holders and
Arrive Home introduces new versions of its Earned Equity Program Read More »
Florida’s growth story is well-documented, and it continues to fuel demand for rental housing. According to the U.S. Census Bureau and the National Association of Realtors, Florida welcomed approximately 475,000 new residents in 2024, leading the nation in net migration. The state’s lack of income tax, favorable weather, and business-friendly climate are powerful attractors. However,
Florida’s single-family rental market is resilient, but not without risk Read More »
Century 21 Real Estate has expanded its presence in Georgia with the addition of Realty 1 Georgia, a brokerage led and founded by Angela Whitmire. The firm — which will now operate as Century 21 Realty 1 Professionals — has offices in Covington and Milledgeville, Georgia. It serves residential and commercial clients across the eastern
Georgia brokerage joins Century 21 network Read More »
A former attorney in Washington state this week pleaded guilty in federal court to defrauding a disabled client out of an estimated $800,000 — in part through the misuse of a reverse mortgage, according to an announcement by the Department of Justice (DOJ) and the U.S. Attorney’s Office for the Western District of Washington. The
DOJ: Former attorney pleads guilty to wire fraud tied to reverse mortgage misuse Read More »
After a statement made last week in condemning the credit-score pricing practices of Fair Isaac Corp. (FICO), Federal Housing Finance Agency (FHFA) Director Bill Pulte is now being complimented for his position by the Community Home Lenders of America (CHLA). CHLA on Tuesday sent a letter to Pulte, saying that FICO “has a clear monopoly
CHLA offers support for Pulte’s position on FICO pricing Read More »
Dallas-based Supreme Lending has reached a deal to acquire Michigan Mutual, Inc. (MiMutual), adding a wholesale platform and a presence in Michigan to its operations, sources told HousingWire. Founded in 1999, Supreme Lending originated $3.8 billion over the past 12 months, with most of its volume concentrated in Texas, Florida and California, according to mortgage
Supreme Lending to acquire Michigan Mutual: sources Read More »
The National Association of Hispanic Real Estate Professionals (NAHREP) on Wednesday released its annual Top 250 Latino Mortgage Originators Report, which recognizes the nation’s top-performing Latino mortgage professionals. NAHREP received nearly 5,000 nominations and is recognizing more than 600 Latino mortgage originators this year across various national and regional rankings. Even in a high interest
NAHREP’s top Latino loan officers closed $22B in volume in 2024 Read More »