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Armando Falcon on the FHFA’s move toward crypto mortgages

It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages. With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are working to assess how cryptocurrency could be applied to mortgages. […]

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State AGs oppose HUD’s plan to roll back fair housing marketing rules

California Attorney General Rob Bonta — along with a coalition of 20 other attorneys general — is urging the U.S. Department of Housing and Urban Development (HUD) to abandon a proposed rule that would eliminate federal requirements prohibiting discriminatory marketing of affordable housing. In a letter sent to HUD on Thursday, the attorneys general argued

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Texas independent brokerages join Compass

Compass continues to welcome agents to the firm, this time via two independent brokerage integrations in Texas. Vista Real Estate and Halo Group Realty are joining Compass, according to an announcement on Thursday.  Vista Real Estate serves clients in central Texas and has more than 60 agents, while Halo Group Realty serves clients in the Dallas-Fort

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One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature

President Donald Trump’s One Big Beautiful Bill Act is about to become law. The House of Representatives on Thursday voted to advance the budget reconciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation. The White House has scheduled

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Century 21 expands in North Carolina with new rural affiliation

Century 21 Real Estate is expanding its footprint in northeastern North Carolina through the affiliation of Carolina Land and Home Realty — a full-service brokerage based in Ahoskie. The office will now operate as Century 21 Land and Home Realty. Broker-owner Clay Revelle, a native of Northampton County, purchased the brokerage in 2021. He holds

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LeadingRE adds The Training Academy to preferred vendor program

Leading Real Estate Companies of the World (LeadingRE) has added The Training Academy LLC to its Solutions Group — a curated program of preferred business resources available to its global network of 550 real estate firms. The Training Academy, based in Florida and led by founder Dan Elzer, provides leadership development and operational strategy consulting

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Title Resources Group hires Kevin Wall as CEO

Title Resources Group (TRG) has named industry veteran Kevin Wall as its new CEO, effective July 28. Wall will also join the company’s board of directors. J. Scott McCall, the company’s current CEO, will transition to vice chairman of the board. Wall brings more than 30 years of experience in title insurance and settlement services.

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Cornerstone Capital Bank, Tresidio Homes announce joint venture

Cornerstone Capital Bank and Tresidio Homes on Thursday announced the launch of Table Rock Mortgage, a joint venture mortgage brokerage. The new Idaho-licensed brokerage will provide mortgage services to local homebuyers “with goals of promoting affordability and streamlining the mortgage process for homebuyers,” according to press release from the companies. “This joint venture brings together

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Are seniors getting reduced Social Security or a tax break?

Up to 2 million Americans could see their Social Security payments reduced by 50% in late July as the Social Security Administration (SSA) is cutting payments to recoup the billions of dollars it overpaid to some Americans in recent years. In April, the SSA announced that it would begin recovering about $72 billion in improper

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Top Hamptons broker Terry Cohen joins Compass

Terry Cohen — a leading New York real estate broker in the Hamptons with more than $2.5 billion in career sales — has joined Compass after leaving her role as a partner at Hedgerow Exclusive Properties. Cohen, who closed $150 million in home sales in the past year alone, is known for representing a broad

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