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Legacy Group Capital secures $180M from LibreMax Capital

Capital Funding, HWmember, Investors, Mortgage, Partnerships, Secondary market /

Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC, an $11.8 billion asset management firm that specializes in securitized products and asset-backed finance. The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding […]

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Home prices expected to dip as supply and demand collide

Affordability, Existing home sales, Home Prices, Home Sales, Housing Inventory, Housing Market, HWmember, Redfin /

U.S. home prices are projected to flatten in the third quarter and decline 1% year over year by the fourth quarter of 2025, according to a new report from Redfin. The company also expects mortgage rates to remain elevated near 7% through the end of the year. This marks a sharp reversal from more than

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Denee Evans will step down as CMLS CEO

HWmember, MLS, People Movers, Real Estate, Team Leaders /

The MLS industry’s trade group, the Council of Multiple Listing Services (CMLS) is looking for a new CEO. On Thursday, the trade group announced that longtime CEO Denee Evans is stepping down at the end of this year. Evans is staying in her role through December 2025 “to ensure a seamless and collaborative transition,” according

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Bringing origination and servicing together with AI 

Artificial Intelligence, Contributors, HWmember, Mortgage, Opinion, Origination, Servicing /

The mortgage industry has undergone significant changes over the past few decades. One of the most notable has been the separation of origination from servicing. This decoupling was initially driven by the desire for greater efficiency, specialization and the need to respond to growing regulatory and market pressures. However, recent technological advances, especially in artificial

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Narrative collapse: Ethics, antitrust, and the real estate reckoning

Agent, Brokerage, Contributors, HWmember, Opinion, Real Estate /

The American real estate industry is collapsing under the weight of its own unresolved contradictions. With a housing market now showing unmistakable signs of sustained decline— plummeting affordability, rising rates, historic commission lawsuits, and consumer disillusionment—there is no bailout coming this time. The lessons of 2008 have not prevented history from rhyming. This time, though,

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Updated list of all Trump’s actions that impact housing

CFPB, Donald Trump, FHFA, Housing Market, HUD, HWmember, Politics, Regulatory /

Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. CFPB Tariffs HUD HUD watchdog swept up in large-scale firings of inspector general  Jan. 27 Memo mixup: Trump calls for freeze

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Appraisal Institute fires executive accused of sexual misconduct

Appraisal Institute, Appraisal Regulation Compliance Council, Appraisals, Appraisals and Valuations, HWmember /

The Appraisal Institute (AI) executive facing multiple allegations of sexual misconduct is no longer serving in his position. AI president Paula Konikoff announced on the trade group’s LinkedIn page Wednesday evening that Craig Steinley has been removed as AI’s vice president, stating that its board of directors “determined it was no longer tenable” for Steinley

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Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac

Bill Pulte, Conservatorship, Donald Trump, FHFA, GSE Reform, GSEs, HWmember, Mortgage, Politics, Regulatory /

Two days after Federal Housing Finance Agency (FHFA) Director Bill Pulte said any decision over Fannie Mae and Freddie Mac exiting government conservatorship would be up to President Trump and Trump alone, the president has weighed in. In a message posted on Truth Social Wednesday night, Trump said “I am giving serious consideration to bringing

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Where land-use regulations are driving up housing costs

Affordability, Altos, Construction, Data & Visuals, Home Prices, Housing Market, HWmember, Regulatory, Regulatory Compliance /

President Donald Trump has made deregulation a policy pillar for his second term — and housing regulations are up for review. Homebuilders say that federal rules have driven up the cost of building a home. Many mortgage professionals want to release Fannie Mae and Freddie Mac from conservatorship. And there were no shortage of complaints

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Top Arizona real estate team with 53 agents joins eXp

Arizona, Brokerage, eXp Realty, HWmember, Real Estate, Real Estate Agents /

Arizona real estate leader Scott Kumler and his team — The Kumler Group — have joined eXp Realty, leaving My Home Group after a high-performing 2024. The 53-member Phoenix Valley team closed more than $80 million in sales across 192 transactions last year, ranking among the top five teams at their former brokerage. “My goal

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