HWmember

HUD is light on reverse mortgage detail in budget justifications

Following the release of the president’s fiscal year 2026 “skinny” budget request — and a look at the White House’s performance expectations for the Home Equity Conversion Mortgage (HECM) program — the U.S. Department of Housing and Urban Development (HUD) has released its congressional justifications document to explain the reasons for its appropriations requests. Normally, […]

HUD is light on reverse mortgage detail in budget justifications Read More »

This is how non-QM is critically helping achieve the American Dream

The non-QM space has long provided a valuable path for foreign nationals and global investors to purchase property in the United States. While these borrowers may follow a less traditional route, they play an essential role in the diversity and strength of the housing market. Even more importantly, non-QM serves international investors and domestic borrowers

This is how non-QM is critically helping achieve the American Dream Read More »

Judge blocks CFPB bid to undo Townstone redlining settlement

A federal judge on Thursday blocked an attempt by the Consumer Financial Protection Bureau (CFPB) to reverse a $105,000 settlement with Townstone Financial, a Chicago-based mortgage broker accused of discouraging Black applicants. U.S. District Judge Franklin Valderrama ruled that allowing the CFPB to unwind the deal, finalized last year, “would erode public confidence in the

Judge blocks CFPB bid to undo Townstone redlining settlement Read More »

Judge sets trial timeline for Mutual of Omaha and Longbridge

An order signed by a magistrate judge in the U.S. District Court for the Southern District of California has established a forward timeline for the ongoing lawsuit between major reverse mortgage industry lenders Mutual of Omaha Mortgage and Longbridge Financial. A trial is scheduled to begin in November 2026, according to court documents viewed by

Judge sets trial timeline for Mutual of Omaha and Longbridge Read More »

Logan Finance launches new product suite for non-QM borrowers

Nonqualified mortgage (non-QM) lender Logan Finance Corp. has launched a new set of loan products designed to serve borrowers who fall outside traditional lending requirements. The “Open Road” product series includes seven mortgage offerings tailored to self-employed individuals, real estate investors and international homebuyers. Logan Finance says the suite is intended to close a growing

Logan Finance launches new product suite for non-QM borrowers Read More »

Aging in place increasingly embraced by independent senior living companies

Senior living organizations are often seen by the public as opposing ideas related to aging in place, but one senior living executive says that the industry’s future may lie in facilitating this increasingly common goal. This is according to an interview with Tod Petty, chief marketing officer at Fynn, a senior living care management platform.

Aging in place increasingly embraced by independent senior living companies Read More »

Century 21 expands yet again — this time in Northern California

Century 21 Real Estate has announced a new affiliation with Kobetz Realty Inc., a full-service brokerage based in Ukiah, California. The move expands Century 21‘s presence in Mendocino County and the surrounding region. Founded in 2020 by broker/owner Benjamin Kobetz, the firm will now operate as Century 21 Kobetz Realty. Kobetz, a lifelong Mendocino County

Century 21 expands yet again — this time in Northern California Read More »

EliseAI to integrate conversational AI into Zillow Rentals listings

EliseAI is finalizing a partnership with Zillow Rentals to embed its conversational artificial intelligence (AI) technology directly into multifamily rental listings on the Zillow platform. The integration is expected to launch in the third quarter of 2025. Branded as AI Assist, Powered by EliseAI, the new feature will incorporate the company’s LeasingAI technology, which offers

EliseAI to integrate conversational AI into Zillow Rentals listings Read More »

Federal Reserve watchdog investigates efforts to dismantle CFPB

As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the

Federal Reserve watchdog investigates efforts to dismantle CFPB Read More »

Nevada senator criticizes Republican federal lands proposal

As Republican lawmakers continue to press ahead with a proposal to sell wide swaths of federal land, one official in a state that would be impacted is ramping up her opposition to plans from both the Trump administration and her congressional colleagues. Democratic Sen. Catherine Cortez Masto of Nevada on Wednesday lambasted Department of the

Nevada senator criticizes Republican federal lands proposal Read More »