At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits. Among other services, buyers’ agents help clients navigate the […]
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by public housing agencies (PHAs) across the country in an effort to house veterans. The funds will be distributed by the PHAs through more […]
Pretium Partners, one of the nation’s largest investors in nonagency residential mortgages, announced the signing Tuesday of a strategic partnership with Hunter Point Capital (HPC) that is designed to support Pretium’s long-term growth. The deal gives HPC a minority investment stake in Pretium, which has more than $50 billion in assets under management and is […]
Keller Williams CEO Mark Willis took to the KW Family Reunion stage in Las Vegas Tuesday as Pitbull’s “I believe that we will win” played over the speakers. Throughout Willis’ “State of the Company” address, he regularly echoed back to the iconic Pitbull song, as he looked to motivate attendees for the coming year. As […]
Ocwen Financial Corp., parent company of PHH Mortgage Corp. and its subsidiary Liberty Reverse Mortgage, posted a $64 million loss in 2023 but sees a generally positive trajectory for its reverse mortgage origination and servicing businesses. This is according to an earnings release and conference call detailing the company’s fourth-quarter and full year 2023 results. […]
Real estate investment trust Rithm Capital, the parent of multichannel lender Newrez, has agreed to issue a one-year loan, purchase common stock and become the external manager of its peer Great Ajax Corp. New York-based Rithm Capital engaged in acquisitions last year to become a global asset manager focused on real estate. This year, it […]
Defendants in the Umpa copycat commission lawsuit filed a slew of motions on Monday as they sought to have the class-action allegations to be struck down and dismissed. Filed in late 2023 in the U.S. District Court for the Western District of Missouri, the lawsuit is named after its lead plaintiff, Maryland home seller Daniel […]
February is almost over, but it’s not too late to say that it is a very important month, especially for 50 million Black Americans. Black History Month is a time set aside to recognize and celebrate the contributions, achievements, and history of African Americans throughout U.S. history. It’s an opportunity for everyone to learn more […]
Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. He previously served as the company’s chief data officer. In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Crockett will also evaluate internal and external customer experiences, with a focus on enhancing […]
Home prices maintained their momentum in late 2023. The S&P CoreLogic Case-Shiller U.S. National Home Price Index posted a 5.5% annual gain in December, up from a 5.1% gain in November, according to the latest report. For the first time in 2023, all 20 markets reported yearly gains, with four markets rising over 8%. The U.S. […]
Reverse mortgage loan originators all seem to agree that 2024 is off to a better overall start in business than a tepid 2023 might suggest. This is also an adage that is holding true in some of the nation’s more expensive housing markets including California, Florida and Washington State, according to reverse mortgage professionals in […]
The homebuilders only have 80,000 completed new homes for sale — in a country of over 336 million people with more than 157 million people working. Why so low? Well, builders are in business to make money, they’re not a charity. It’s not the safest business model either because builders take a contract to buy […]
Price reductions ticked up this week for the first time since November in the face of rising mortgage rates. Inventory is rising across the country as home-buying affordability takes another hit. The pace of sales inched down, too. We can see the impact of higher mortgage rates slowing homebuyer demand. As demand slows, inventory grows. […]
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Real estate marketing isn’t just about posting a few property listings and hoping for the best. It’s a multifaceted strategy that encompasses branding, lead generation, social media management, content creation and more. The […]
Real estate platform Livian has recently acquired four additional teams to bolster its roster to a total of 61 teams. Livian now has teams in 27 states, amounting to more than 475 agents nationwide. “We’re bringing together the best minds in the industry to elevate our services and redefine the future of real estate,” Adam Hergenrother, […]
The U.S. Department of Housing and Urban Development (HUD) on Monday announced new agreements between HUD, the Environmental Protection Agency (EPA), the U.S. Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) to manage dangerous exposures to lead. One of the memorandums of understanding (MOUs) “expands, updates, and […]
CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene will report to Devi Mateti, president of the enterprise digital solutions team. “I […]
The cost of owning a condominium in Florida has shot up significantly in recent months, prompting a wave of homeowners to offload their properties. The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. The average cost of a policy increased […]
More U.S. seniors are working today than ever before, a trend marked either by older Americans choosing not to retire, or choosing to actually rejoin the workforce after an initial retirement. This year is also set to see the U.S. population grow older at a faster rate. The trend was the subject of a recent […]
