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May 2025

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Banks’ net income rises in first quarter, FDIC says

FDIC, Politics and policy, Regulation and compliance /

Andrew Harrer/Bloomberg The banking industry demonstrated steady earnings performance in the first quarter despite signs of stress in real estate portfolios, according to the Federal Deposit Insurance Corp. FDIC acting Chairman Travis Hill offered a measured outlook for the industry during a Tuesday press conference announcing the quarterly report, noting banks were putting aside slightly […]

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Title company sues feds over looming reporting rule

AML, Financial regulations, Fraud, Law and legal issues, Title insurance /

A leading title insurer is suing two federal U.S. offices over a new “arbitrary and capricious” reporting rule aimed at preventing money laundering activity that it claims exceeds their authority.  Fidelity National Financial and its similarly named title insurance subsidiary filed the lawsuit in a Florida federal district court in May. Named as defendants were

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Trump says Fannie Mae to keep U.S. guarantee as public firm

Fannie Mae, Freddie Mac, GSE Reform, MBS, Securitization /

(Bloomberg) — President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants. I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the US Government will keep its

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a graph of sales and prices

The Secret To Selling Your House in Today’s Market

Agent Value, For Sale by Owner, For Sellers, Home Prices, Selling Tips /

A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door. But today’s housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting

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Culture over commission: Building a top-producing team that lasts

Contributors, HWmember, Opinion /

Some brokerages are what I sometimes think of as “Lily Pads” because they’re waystations where agents sometimes go—albeit briefly—to level up their commission splits. And then they move on. Lily Pad brokerages attract and recruit based on a higher split, but fail to retain a cohesive team because they don’t lead with a culture focused

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What implicit guarantee means for rates on GSEs’ release

Bill Pulte, Conservatorship, Department of the Treasury, GSE Reform, Housing Market, HWmember, Mortgage Rates, Politics, Regulatory, Scott Bessent /

Will mortgage rates go higher if the government takes the GSEs out of conservatorship? Many people would say yes if there were no government backing of these two giants, but on Tuesday evening the calculus changed. In a social media post on Tuesday, President Trump expressed his intention to transition the government-sponsored enterprises (GSEs) out

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Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee

Conservatorship, Donald Trump, Fannie Mae, FHFA, Freddie Mac, GSE Reform, GSEs, HWmember, Mortgage, Politics, Regulatory, Trump administration /

President Trump last week promised a quick answer on whether to remove Fannie Mae and Freddie Mac from government conservatorship. And it appears he’s already reached a decision: it’s time to take them ‘public.’ In a post published on Truth Social Tuesday night, Trump wrote: Our great Mortgage Agencies, Fannie Mae and Freddie Mac, provide

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California wildfire recovery event sought to offer guidance to reverse mortgage borrowers

California, Disaster Relief, HECM, HWmember, Reverse, Wildfire /

For communities engulfed in the wildfires that took place earlier this year in the Los Angeles area, lives have been upended and additional strain has been placed on an already-stressed housing system in Southern California. But for wildfire victims who are also reverse mortgage borrowers, they may encounter problems stemming from a major disaster interacting

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How to become a mortgage loan officer in 6 steps + Q&A about MLOs

LendingLife, Real Estate, Real Estate Education, Vetted by HousingWire /

Move over, real estate agents, and make way for the person who gives homebuyers the financial ability to buy a home – mortgage loan officers (MLOs). Also known as mortgage loan originators or mortgage brokers (although the roles differ slightly —  we’ll talk about it), MLOs are the key to financially connecting people to the

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As consumer sentiment remains low, is the ‘silver tsunami’ keeping the economy humming?

Bloomberg, Consumer confidence, Global Economy, HWmember, Retirement, Reverse, Social Security /

Depending on where you look for economic news, you may come away with your head spinning. While consumer sentiment surveys are down — with recent changes tied to trade policy announcements with China — the U.S. economy has remained in mostly resilient territory due to consumer spending. But why is there an apparent disconnect between

As consumer sentiment remains low, is the ‘silver tsunami’ keeping the economy humming? Read More »