News
Credit modernization's next chapter: Why data transparency, AI and market cycles will define the future
3+ day, 9+ hour ago (695+ words) In this conversation with Housing Wire's Allison La Forgia, mortgage industry leaders Andrew Davidson, Jennifer Mc Guinness-Lubbert, Greg Sher, Robert Zimmer and Shelley Leonard discussed what could finally accelerate credit modernization and why the next 12 to 24 months may prove pivotal…...
What the economy is really telling us " and what it means for your pipeline
2+ day, 5+ hour ago (145+ words) Economic uncertainty and market volatility are inevitable, but they don't have to stall your pipeline or long-term goals. Understanding which factors are influencing the mortgage and housing market is crucial for every stage of the borrower experience. In this exclusive…...
From the credit crisis to AI: Kim Nelson on evolving through every market cycle
2+ day, 6+ hour ago (564+ words) Kim Nelson reflects on the leadership mindset required to navigate industry disruption " from launching a mortgage company during the credit crisis to preparing teams for the growing role of AI in housing finance." AI Summary As part of"Housing Wire's…...
U. S. Housing and Urban Development Secretary Scott Turner
2+ week, 2+ day ago (253+ words) Housing Wire U. S. Housing and Urban Development Secretary Scott Turner HUD Secretary Scott Turner used the Housing Wire stage to announce that HUD is rescinding a Biden-era energy code rule tied to FHA- and USDA-backed new construction, arguing it added unnecessary…...
As HEI regulation expands, states debate loan classification
2+ day, 3+ hour ago (741+ words) HEI products are drawing more state scrutiny as lawmakers weigh whether to treat them as mortgage loans and how to police disclosures. Maine and Illinois have enacted measures, while proposals in Pennsylvania and North Carolina add counseling and legal representation,…...
House passes bill hiking VA mortgage refi fees
2+ day, 3+ hour ago (408+ words) H. R. 6047, introduced by Rep. Tom Barrett with support from Rep. Mike Bost, expands benefits for severely disabled veterans and survivors. It offsets costs by raising VA home loan fees, including a 1. 42% IRRRL fee and a 1% assumption fee, extending funding fees for…...
A timeline of Zillow's listing war with MRED and Compass
2+ day, 4+ hour ago (767+ words) Housing Wire Zillow filed for a preliminary injunction to block MRED from terminating listing access during an antitrust lawsuit also involving Compass. The dispute centers on Zillow Listing Access Standards and whether MRED listings must be displayed without selective exclusion....
Judge orders MRED to restore Zillow listing feeds in Chicago
2+ day, 3+ hour ago (240+ words) A federal judge granted Zillow's preliminary injunction, requiring MRED to restore IDX and VOW listing feeds to Zillow and Trulia. The ruling follows Zillow's antitrust lawsuit alleging MRED and Compass pressured Zillow to display private listings nationwide." AI Summary Chicagoland…...
House America Financial joins All Western Mortgage
2+ day, 3+ hour ago (297+ words) All Western Mortgage said House America Financial has joined as part of its national expansion. House America produces about $500 M a year, and AWM said it is on pace to fund more than $3 B in 2026." AI Summary National mortgage banking…...
California MBA backs $100 M rebuild fund in Newsom budget
2+ day, 4+ hour ago (503+ words) The California Mortgage Bankers Association endorsed Gov. Gavin Newsom's proposed $100 million Southern California Rebuild Fund in a revised state budget proposal. The fund would use loan guarantees, rate buydowns and potential subordinate financing to close gaps between insurance payouts and…...