Wed.Mar 26, 2025

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New FHA citizenship, residency requirements apply to reverse mortgages

Housing Wire

Seeking to align with recent executive orders issued by President Donald Trump, the Federal Housing Administration (FHA) announced on Wednesday the publication of a new mortgagee letter (ML) that restricts qualification for FHA-backed mortgages to U.S. citizens or permanent residents. The measure applies to all Title II single-family mortgage programs, including the Home Equity Conversion Mortgage ( HECM ) program.

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Bedroom Requirements and Cleveland Housing Stats

Cleveland Appraisal Blog

Hello, dear reader! I hope you’re doing well! I took some time off from blogging to catch up on work and re-group mentally from the past few years of real estate craziness, culminating in a hectic last six months of an appraiser. I just needed a little breather. Thank you for being here to read my article on bedroom requirements and the housing statistics for Cuyahoga County.

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CFO optimism falls as tariffs, trade policy remain uncertain

Housing Wire

Economic optimism among chief financial officers dropped in the first quarter of 2025 as a result of tariffs and broader uncertainty. That’s according to the CFO Survey, a collaboration between Duke Universitys Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. The CFO Survey was fielded from Feb. 18 to March 7. The panel includes firms that range from small operations to Fortune 500 companies across all major industries.

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Purchase Applications Saw Strongest Monthly Pace Since January

Appraisal Buzz

Total mortgage application volume fell 2.0% during the week ended March 21, as rates decreased slightly, however purchase applications continued to increase, according to the Mortgage Bankers Associations (MBA) Weekly Applications Survey. Applications for refinancesdecreased 5% compared with the previous week but were up 63% compared with the same week one year ago.

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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The Altadena story, from Jackie Robinson’s home to ground zero

Housing Wire

Dowell Myers could see the fire from his front yard and the heat radiated into the house with impunity. Myers and his wife were at ground zero when the fire arrived in Altadena. The evacuation warning sounded, and the University of Southern California professor knew it was time to leave. But before he could move, something fell into his front yard.

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What constitutes public marketing? NAR clarifies details on delayed marketing listings

Housing Wire

Under the National Association of Realtors (NAR) new Multiple Listing Options policy, the trade group is allowing listing agents, with the signed consent and direct permission of their seller client, to delay publicly marketing a listing through Internet Data Exchange (IDX) feeds and syndication. While this means delayed marketing listings will not appear on listing portals that use IDX feeds, such as Zillow, Homes.com or Realtor.com , it was initially unclear as to how sellers who choose this l

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Collateral Risk Network

Appraisal Buzz

Joan Trice Steps Down as President of Collateral Risk Network; James R. Park Named New President [Salisbury, MD] The Collateral Risk Network (CRN) today announced a significant leadership transition. Joan Trice, Founder and longtime President of the organization, has officially stepped down from her role. James R. Park, former Executive Director of the Appraisal Subcommittee, has been appointed as the new President of CRN, effective immediately.

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Nothing burger? Smart move? Industry reacts to NAR’s CCP changes

Housing Wire

Clockwise from L to R: Compass CEO Robert Reffkin, Side CEO Guy Gal, eXp Realty CEO Leo Pareja, and Zillow’s Errol Samuelson The National Association of Realtors (NAR) certainly generated headlines on Tuesday when it announced the adoption of its new policy for delayed marketing exempt listings, which it is framing as a complement to its contentious Clear Cooperation Policy ( CCP ).

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7 conversations every agent must master to thrive in 2025

Inman

Communication isn't just part of the job of a real estate professions; it is the job, coach Darryl Davis writes. Here's how to make sure you're ready for your toughest conversations.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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MLS PIN, Nosalek plaintiffs fire back at the DOJ

Housing Wire

The Department of Justice (DOJ) may not be done with real estate agents and their commissions, but the real estate industry and the class action plaintiffs involved in at least one commission lawsuit are done with the DOJ. On Tuesday, MLS Property Information Network (MLS PIN) and the plaintiffs in the Nosalek suit, filed requests asking Judge Patti B.

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Do private listing networks impact certain buyers — or markets?

Real Estate News

If fewer listings are publicly accessible, first-timers and buyers in areas where PLN-friendly brokerages dominate could face more challenges.

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M&A success isn’t luck—it’s strategy: M&A integration management (pt. 2) 

Housing Wire

Last week was the ICE Experience Conference in Las Vegas. Walking the exhibit hall, I was goaded by a vendor to spin the roulette wheel for a chance to win a pair of Ray Bans. Alright, 36:1 odds arent great. A minute into the wheel spinning, the vendor offered me to re-spin, I didnt. Eventually, he said you can blow on it for luck if you want to and I did.

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How Veena Rayapareddi is forging a new path for women in real estate

Inman

In her latest Women, Wealth and Real Estate profile, Melanie Klein reflects on the career of this New York Realtor and how she set her own seat at the table.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Door knocking for real estate: The ultimate guide + scripts

Housing Wire

I know what youre thinking, and to be truthful, I thought so too. Door knocking? You want me to knock on peoples doors, disrupt their day and then pitch my services to them? If the anxiety is building in your chest just thinking about it, thats a normal reaction. But as soon as you get over that anxiety, the sooner youll realize how door knocking in real estate is a tried-and-true lead generation technique that will build your business.

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Women, Wealth and Real Estate: Pat Heller’s real estate calling

Inman

Coach Melanie Klein profiles this brokerage leader and her belief in the limitless opportunities the real estate industry provides for women.

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Mortgage leaders react to FHFA’s ending of SPCPs: ‘We need more information’

Housing Wire

On Tuesday, Federal Housing Finance Agency ( FHFA ) Director Bill Pulte announced several policy changes via social media, including the end of special purpose credit programs (SPCPs) and rolled-back enforcement against unfair or deceptive acts or practices (UDAP). Without providing separate comments for each directive, Pulte also revoked climate risk management requirements for the government-sponsored enterprises ( GSEs ), eliminated rental payment flexibility rules for multifamily leases, and

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These are the women who have moved me: Ginger Wilcox

Inman

According to the Better Homes and Gardens president, leadership isnt just about what we accomplish individually. Its about the way we show up for others, the opportunities we create and the impact we leave behind.

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Purchase applications see slight uptick due to FHA demand

Housing Wire

Purchase applications saw a slight uptick even as overall mortgage applications decreased 2.0% from last week , according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025. The index decreased 2.0% on a seasonally adjusted basis from one week earlier, and on an unadjusted basis, the index decreased 2% compared with the previous week.

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Understanding Clear Cooperation’s delayed marketing exempt listings

Inman

Navigating the National Association of Realtors' amended Clear Cooperation Policy could cause a headache. If you don't want to lose your mind or your listings follow Coach Darryl Davis' lead.

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UWM won’t charge LLPAs on certain government loans through May

Housing Wire

United Wholesale Mortgage (UWM) announced Wednesday that it is extending its removal of Loan Level Pricing Adjustments (LLPAs) on government loans for borrowers with a FICO score of 600 and above. The program applies to Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) loans. LLPAs, which are fees based on a borrowers risk profile that affect the cost of a mortgage, typically reduce costs for low-risk borrowers while increasi

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Condo ‘blacklist’ killing sales in disaster-prone areas

Real Estate News

After Fannie Mae quietly tightened lending standards due to insurance shortfalls, some property owners have been unable to sell their units.

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4 best online real estate classes in Connecticut for 2025

Housing Wire

If youve been thinking about becoming a real estate agent in Connecticut, youve landed on the right page. Youll need to complete 60 hours of pre-licensing education to be eligible to sit for the real estate exam. After youve passed, post-licensing and continuing education courses will be required to keep you at the top of your game. From initial licensing to maintaining your license, our guide provides you with the four best online real estate classes in Connecticut for 2025.

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MLS-owned data platform Remine to be sold

Real Estate News

The company, which never turned a profit, owes millions to investors. After failed attempts to attract a buyer, its owners are trying a bankruptcy alternative.

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CFPB staffer alleges misconduct in Townstone redlining suit

Housing Wire

In an extraordinary move stemming from a 2020 redlining lawsuit, an official working with the Consumer Financial Protection Bureau (CFPB) at the behest of the White House Office of Management and Budget (OMB) alleges that the bureau improperly sought a lawsuit against Chicago-based nonbank mortgage lender and brokerage Townstone Financial , according to court filings reviewed by HousingWire.

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Property Tax Revenue Outpaces Other Sources in 2024

Eyes on Housing

Property tax revenue collected by state and local governments reached a new high in 2024 and continued to make up a bulk of tax revenue. Total tax revenue for state and local governments also reached a high after falling in 2023, driven by higher revenue across all sources. In 2024, tax revenue totaled $2.

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Allied Title & Escrow releases new lead generation software

Housing Wire

Arlington, Virginia-based Allied Title & Escrow has launched a new software platform, Allied Title Toolbox, that’s designed to assist real estate agents with lead generation , market analysis and client engagement. The platform provides access to neighborhood insights and tools to create reports and presentations. “Allied Title Toolbox is a game-changer for agents looking to grow their business,” Latane Meade, CEO of Allied Title & Escrow, said in a statement. “Ou

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25 Hottest Towns in Connecticut in 2024

Lamacchia Realty

Top 25 Hottest Towns in Connecticut in 2024 The Lamacchia Realty 25 Hottest Connecticut Towns report for 2024 is in! Out of every town in Connecticut, we compare the number of sales in 2023 compared to 2024, and the 25 towns with the highest growth make the list! To be considered, the town needs to have a minimum of 200 sales in 2023. Towns in the top 10 are generally located in the southwestern and central regions of Connecticut.

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Are you ready for the coming renewal wave?

Mortgagebroker News

A surge of renewals could mean a surge of opportunity for brokers

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February 2025 Massachusetts Housing Report

Lamacchia Realty

February 2025 Massachusetts Housing Report MASSACHUSETTS Home Sales Up, Average Price Up Home sales are up 3.0% year-over-year, with February 2025 at 3,581 compared to 3,477 last February. Sales are up for Single-family homes and condos but down for multi-family homes. Single families: 2,050 (2024) | 2,136 (2025) Condominiums: 1,077 (2024) | 1,108 (2025) Multi-families: 350 (2024) | 337 (2025) Average sale price increased 3.3% year-over-year, now at $969,576 compared to $674,081 in February

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Banks could follow BMO’s lead on tightening mortgage lending rules

Mortgagebroker News

Are other banking giants set to adjust their own lending criteria for tariff-impacted borrowers?

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The Ultimate Underrated Rental Property of 2025 (for Small Investors)

BiggerPockets

Whats the best rental property for the average investor?