2024 National Association of REALTORS® President Kevin Sears issued the following statement in response to President Biden’s remarks on lowering housing costs for American families: “While the National Association of REALTORS® appreciates... Read more »
Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s reverse division to transition back into a role as a reverse mortgage broker. He joined C2 Financial’s... Read more »
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times this year, indicating that recent higher-than-expected... Read more »
Although the National Association of Realtors (NAR) is grateful for the White House’s focus on the nation’s affordable housing crisis, the trade group was not thrilled about remarks President Joe Biden made... Read more »
The Federal Reserve’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% for a fifth straight meeting on Wednesday. “The Committee does... Read more »
Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions, independent of CEO Mike Cagney’s Figure Technologies. Figure Technology Solutions will focus on developing and distributing its proprietary, technology-enabled... Read more »
“NAR threw 81 of their largest firms under the bus,” Steve Murray, the co-founder of RealTrends Consulting, said. “Those firms represent roughly 500,000 of their members, or a third of their membership,... Read more »
Calque, a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael Bremer as CEO. Before joining Calque, Bremer (a 2020 HousingWire Insider), served as the executive vice... Read more »
As President Joe Biden prepared to give a speech on his administration’s housing priorities in Las Vegas on Tuesday, some members of the Arizona Legislature and housing advocates in the state were... Read more »
So long, 6% commission. For decades, real estate commissions have been somewhat standardized, with most home sellers paying 5% to 6% commission to cover both the listing agent and the buyer’s agent.... Read more »