Live News

HousingWire

• Remaining defendants push back in the Gibson commission lawsuit January 30, 2025
  While many real estate brokerages have made the choice to settle the commission lawsuits — including Side and JPAR just this week — others are still attempting to fight. 
• Pending home sales limped to the end of 2024 January 30, 2025
  After four months of increases, pending homes sales fell 5.5% month over month in December, down 5.0% below their December 2023 level.
• Finance leader Kevin Thompson on driving financial excellence in real estate January 30, 2025
  In honor of the 2025 Finance Leaders nomination period, HousingWire reached out to 2023 Finance Leader Kevin Thompson, Head of Finance at PURE Property Management to discuss his his approach to navigating challenges in today's real estate market.
• Trump administration should hit the brakes on title insurance waiver pilot program January 30, 2025
  In the final days of the Biden administration, officials had several policy decisions to make as the president worked to cement his legacy, including whether to move forward with the Federal Housing Finance Agency’s (FHFA) title insurance waiver pilot program. The program would waive title insurance requirements for certain Fannie Mae federally backed mortgage loans. […]
• MBA issues support for FHFA nominee Bill Pulte January 29, 2025
  In a letter addressed to the Senate Committee on Banking, Housing and Urban Affairs, the MBA gave a strong endorsement of Bill Pulte to lead the FHFA.
• Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment January 29, 2025
  The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
• AI usage is becoming the new standard for most brokerages January 29, 2025
  The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Real estate technology provider Delta Media released a new report that highlights a sharp jump in AI usage from last year.
• RMF-backed proprietary securitization undergoing further review January 29, 2025
  A securitization of private reverse mortgages originated by RMF needs further review stemming from the lender's 2022 bankruptcy.
• Senate banking chairman says CFPB changes could come ‘soon’ January 29, 2025
  As Joe Biden's CFPB director remains in his post, a key congressional ally of Donald Trump said changes at the agency could be imminent.
• Side, other brokerages settle new copycat commission lawsuit January 29, 2025
  The real estate industry is facing yet another copycat commission lawsuit. But unlike previous cases, this one appears to have simply been a vessel to facilitate nationwide settlement agreements.