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News
2026 Rising Star: Kate Schilling
4+ mon, 2+ week ago (372+ words) Kate Schilling is a high-impact revenue leader who combines deep mortgage industry experience with a consultative, relationship-driven approach to drive meaningful growth. Recently joining Friday Harbor, an AI underwriting startup, as Director of Sales, she is helping lay the foundation…...
Inventory edges slightly higher year over year as rates rise
12+ hour, 9+ min ago (590+ words) Mid-August inventory increased as demand softened with mortgage rates above 6.64%, though rates remain under 7% due to improved spreads. New listings are in seasonal decline, and pending sales and purchase apps have recently turned slightly negative year over year. AI Summary…...
Housing Market News and Commentary
5+ mon, 1+ week ago (390+ words) In a LinkedIn post Monday, Zillow President of Media and Marketplace Greg Schwartz announced he would be stepping down from the company he's helped lead for more than a decade. Housing starts rose 3.8% in October to a seasonally adjusted annual…...
Mortgage News Delivered Daily from HousingWire
1+ day, 13+ hour ago (197+ words) HousingWire HousingWire’s mortgage news coverage spans the market and includes the coverage you need, from what your competition is doing to how they’re performing and what their future plans may be to the expert and analyst forecasts for how this…...
Summer heat sets in across Northeast housing markets
1+ day, 15+ hour ago (1326+ words) The Northeast continues to dominate the nation’s hottest housing markets, with Rochester, Hartford, Boston and Buffalo among the top five. Tight inventory — as low as one month of supply — is sustaining multiple offers and above-asking sales despite affordability pressures. Agents…...
Why 2026 foreclosure gains are not a housing crash signal
1+ day, 16+ hour ago (269+ words) Post WWII history shows many recessions but only 1 foreclosure crisis tied to a credit boom and bust. In 2026, the NY Fed foreclosure series remains below 2019, and the key confirmation signal, a sustained jump in new listings, has not appeared. AI…...
NRMLA asks CFPB for new reverse mortgage disclosure framework
1+ day, 19+ hour ago (653+ words) In a letter written to the CFPB, NRMLA said reverse mortgages need a product-specific disclosure framework, including a combined reverse mortgage form. It also urged replacing TALC as the primary presentation with dollar-based scenarios, while keeping TALC percentages as secondary....
Better pushes back on Garg's bid to regain control
1+ day, 20+ hour ago (901+ words) Better Home & Finance said its board unanimously removed former CEO Vishal Garg, citing $1.5B+ in GAAP losses since 2022 and a 90%+ stock decline. The company alleges Garg sought board resignations and delayed the 10-Q filing by refusing to sign required letters. AI…...
LGI Homes is trying to remove the reasons buyers keep waiting
1+ day, 19+ hour ago (1390+ words) LGI Homes increased closings and maintained margins by retiring older inventory, cutting costs, and using incentives selectively. With entry-level buyers still sensitive to payments, the company is expanding its community count and managing spec age to improve conversion. AI Summary…...
Wyoming MLSs object to NAR settlement data sharing notice
1+ day, 19+ hour ago (350+ words) Several Wyoming MLSs filed limited objections to enforcement of the NAR settlement provision tied to third party class data production. They say they have not seen specific subpoenas and want scope, burden, cost and confidentiality terms clarified before consent is…...