July 2025

Berkshire Hathaway HomeServices adds broker associate in Florida

Angie Lawson has joined Jacksonville-based Berkshire Hathaway HomeServices Florida Network Realty as a broker associate, the company announced. Lawson will work with home buyers and sellers across the region — offering full-service representation backed by the firm’s in-house mortgage, title and marketing support. “I am thrilled to be joining Berkshire Hathaway HomeServices Florida Network Realty, […]

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Denver brokerage, Curbio form home services partnership

Denver-based real estate brokerage West + Main Homes has launched a new home improvement service in partnership with contractor Curbio. The program, called Refresh by West, offers West + Main agents and their clients access to expedited, fixed-price proposals for presale or move-in home improvements. Curbio — a Maryland-based contractor that specializes in residential projects

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Reverse mortgage metrics dipped slightly in June

The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too. According to the June report from Reverse Mortgage Insight, Home Equity Conversion Mortgage (HECM) endorsements dropped to 2,244 loans, down 2.3% compared to May and part of a sinking trend that resumed after an

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Sotheby’s: Luxury housing market resilient despite economic waves

Wealthy U.S. households continue to lead gains in real estate values despite ongoing economic volatility, according to a mid-year report from Sotheby’s International Realty. The 2025 Mid-Year Luxury Outlook highlights that the luxury housing sector remains a strategic asset for those who are navigating inflation, stock market shifts and global uncertainties while continuing to invest

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The CFPB’s budget might be shrinking, but does that even matter?

The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take.  The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House

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Non-prime U.S. residential mortgage pool secures $283.64M Santander notes

Santander Bank is sponsoring the issue of its third non-qualified mortgage (non-QM)/investor loan securitization this year. The bank is a mortgage loan aggregator that predominantly focuses on non-agency loan aggregation and securitization.  The Santander Mortgage Asset Receivable Trust 2025-NQM3 will issue notes totalling $283.64 million. The sponsor and seller is Santander Bank, the depositor is

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CFPB terminates 2024 consent order against Fay Servicing

The Consumer Financial Protection Bureau has concluded a 2024 action it took against nonbank mortgage company Fay Servicing under a former director in line with a broader rollback of enforcement under new leadership. “The bureau waives any alleged noncompliance by Fay Servicing with the consent order,” read an order that Russell Vought, the CFPB’s current

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Refi applications soar as homeowners seize on lower rates

Homeowners who were locked into high interest rates have been eager for them to dip so they can refinance. Last week, many saw their chance and took it. Mortgage applications rose 2.7% for the week ending June 27, according to the Mortgage Bankers Association’s Weekly Applications Survey, driven mostly by refinancing. Refinance applications were up

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Pulte urges Congress to investigate Powell

U.S. Federal Housing Director Bill Pulte is asking Congress to investigate Federal Reserve Chairman Jerome Powell, in a stark escalation of the official’s campaign against the central bank head.  In a statement posted to X on Wednesday, the chairman of Fannie Mae and Freddie Mac cited Powell’s statements in a recent Senate committee appearance as

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