Speaking to thousands of real estate professionals at Coldwell Banker’s Generation Blue Experience 2025, company president Jason Waugh told agents that today’s market — despite volatility — represents one of the greatest opportunities of their careers. “We’ve been through three years of a contracting or flat market,” Waugh told attendees at Las Vegas’ Fontainebleau. “It’s […]
American Senior Lending, a national home equity solutions company, on Wednesday launched EquitySelect, a first-lien home equity loan designed to give retirees more financial flexibility. The nonrecourse loan — meaning that borrowers and their heirs will never owe more than the home is worth — lets borrowers choose their monthly payments, with options as low
American Senior Lending launches EquitySelect solution for retirees Read More »
Credit Union ONE announced on Tuesday that it has acquired Icon Mortgage. A press release confirmed that Michigan-based Credit Union ONE will retain all employees from Icon Mortgage, including senior leadership, and “intends to operate the company as a separate mortgage lending affiliate.” The terms of the transaction were not disclosed. Credit Union ONE did not
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Homebuilders in America are cheering, not because of the disappointing housing permit data released today, but because mortgage rates are near 6%. We have seen four consecutive months of job losses in residential construction labor, as mortgage rates have been elevated and builders’ inventory has been piling up. Housing permits, which have been declining since early 2022,
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Continuing their upward trajectory, mortgage applications increased 29.7% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Sept. 12. On an unadjusted basis, the index increased 43% compared with the previous week. Last week’s results included an adjustment for the Labor Day holiday.
Mortgage applications soar ahead of Fed meeting Read More »
The week of Oct. 12–18 will be the best time for homebuyers in 2025, according to Realtor.com’s annual Best Time to Buy Report. The analysis projects buyers could see 32.6% more active listings compared to the start of the year, home prices averaging $15,000 lower than summer peaks and 30.6% less competition. “After years of
Best time to buy a house? Mid-October 2025 favors buyers Read More »
Ohio-based Union Home Mortgage (UHM), led by Bill Cosgrove, has reached an agreement to acquire California-based Sierra Pacific Mortgage‘s assets, sources told HousingWire. The deal marks UHM’s second deal in 2025, following its March purchase of Houston-based Nations Reliable Lending (NRL Mortgage). The move comes less than three years after UHM acquired Amerifirst Home Mortgage.
Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources Read More »
A federal watchdog has ruled that the Federal Emergency Management Agency (FEMA) broke the law by blocking or delaying aid money that Congress had already approved, including funds for programs that provide shelter and food. The Government Accountability Office (GAO), which oversees federal spending on behalf of Congress, said in a decision released this week
FEMA funds blocked illegally, GAO finds Read More »
RAND and the Terner Center for Housing Innovation at the University of California at Berkeley have released a joint report examining how local housing agencies can more effectively use federal housing vouchers. The study, funded by the Cooper Housing Institute, found that while the Housing Choice Voucher (HCV) program — popularly known as Section 8
RAND study reveals key strategies to boost housing voucher effectiveness Read More »
Nine years after marrying Ryan Serhant, Emilia Bechrakis Serhant is joining the brokerage that bears her surname. On Tuesday, SERHANT. announced that Bechrakis Serhant was joining the firm’s New York City office as a licensed real estate agent. She will work alongside Melissa Post. Born in New York and raised between New York and Athens,
Emilia Bechrakis Serhant joins SERHANT. as licensed agent Read More »