Federal Reserve Chair Jerome Powell at the Federal Reserve Bank of Kansas’ Economic Symposium in Jackson Hole, Wyo., on Thursday.Bloomberg News Federal Reserve Chair Jerome Powell signaled that the central bank may soon adjust its monetary policy, potentially paving the way for a rate cut in September. In a highly anticipated Friday morning speech at […]
Powell opens the door to interest rate cuts in September Read More »
Housing affordability is taking center stage this fall for the Trump administration. From President Donald Trump’s early executive order ordering the heads of all executive departments and agencies “to deliver emergency price relief,” to Treasury Secretary Scott Bessent highlighting housing affordability as one of his “big projects,” the affordability crisis is clearly top of mind.
Rising insurance costs cut into buyer affordability Read More »
Artificial intelligence is dominating headlines, investor decks, and conference panels—but in mortgage lending, the real breakthroughs aren’t always the flashiest. As the industry moves past the AI hype cycle, the more important question is: What does meaningful adoption actually look like in mortgage? We’re at a pivotal moment. Lenders are facing a convergence of rising
The real work of AI in mortgage tech begins now Read More »
Survey finds affordability and financing are driving more buyers into the second-home market In today’s economy, traditional ownership is increasingly inaccessible and misaligned with the real estate landscape. Ongoing issues with low inventory, high home prices, elevated mortgage rates, and down payment obstacles make whole-home ownership more challenging, especially for younger buyers. Against that backdrop,
Fractional home ownership is breaking barriers: How Pacaso is taking the lead Read More »
Antonio White built his career in high-level Washington-related posts he held at the Federal Housing Finance Agency, Treasury, Bank of America and the Bill and Melinda Gates Foundation. But he got there through the work and connections he built growing up around Route 480 in Cleveland. That’s why White is starting a business called 480
Former FHFA official seeks to empower local leaders Read More »
Real estate investors own almost 900,000 vacant properties nationwide, a share greater than the number of empty homes across the rest of the housing market, Attom reports. The vacancy rate nationwide is steady in the third quarter compared to past years, according to the property analytics firm’s latest study. The number of homes that have
Investors own almost 900,000 vacant homes: Attom Read More »
The Community Home Lenders of America is calling for nonbank lender support as it emphasizes the importance of mortgage industry input in any federal decision-making regarding the future of Fannie Mae and Freddie Mac. The group representing small and mid-sized independent mortgage banks made its wishes known in a letter this week to Treasury Secretary
CHLA presses Trump team on Fannie, Freddie future Read More »
Industry veteran Bill Dallas, chairman of Dallas Capital and former president of Finance of America, says accessory dwelling units (ADUs) still face major hurdles before they can become a reliable solution to what he calls the nation’s “largest social challenge:” affordable housing. “One of the challenges… is that the laws are so difficult and varied
ADUs could remedy America’s housing crisis, but obstacles remain Read More »
For eXp Realty, artificial intelligence (AI) is not a side project — it’s a company-wide mandate. Following a session at HousingWire’s AI Summit where eXp chief technology officer Sumanth Kamath talked about how the company was utilizing digital twin technology, HousingWire sat down with eXp CEO Leo Pareja and International Director Felix Bravo to find
eXp Realty embraces digital twin tech to transform workflows Read More »
WFG National Title Insurance Co. has been added to Fannie Mae’s list of approved title insurers for multifamily transactions. The designation means lenders and borrowers using WFG for Fannie Mae–financed multifamily deals can avoid delays caused by policy exceptions or compliance issues. Fannie Mae requires approved insurers to meet financial strength, quality and coverage standards
WFG National Title added to Fannie Mae’s multifamily approval list Read More »