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New-home purchase mortgage demand kept growing in July 

Purchase activity for new homes strengthened in July, with both mortgage applications and new-home sales estimates picking up.

New real estate investigation on ‘deceptive practices’ launched by Moehrl lead counsel 

Class action law firm Hagens Berman is investigating home sales made with the help of an “online real estate agent.”

The Bank of Glen Burnie acquires VA Wholesale Mortgage 

Under the deal, VAWM will operate as a dedicated division of The Bank of Glen Burnie.

ESG team at Fannie Mae has been terminated: sources 

Multiple sources told HousingWire that the terminations took place on Friday, following a series of moves designed to limit DEI.

Reverse mortgage industry descends on California for first NRMLA event of 2025 

The reverse mortgage industry’s first event of 2025 is happening in Irvine, California, and NRMLA’s president offers a preview.

The nation’s largest mortgage lenders are only getting bigger 

Inside Mortgage Finance (IMF) data for the first quarter of 2025 was released this week. The numbers show little movement in the composition of the top 10 originators, but there is significant volatility in sales volumes on both a quarterly and yearly basis.

Compass wants delayed listings removed from VOW feeds 

This would give brokerages the exclusive ability to display their own delayed listings, but it goes against a 2008 settlement with the DOJ

How to end a buyer-agent relationship while protecting your reputation 

The story of the U.S. housing market is really a tale of two markets – a hot seller’s market where listings last less than three weeks before being snatched up and a slower buyer’s market in which buyers have the luxury of being picky and homes sit on the market for nearly two months.
That’s the picture painted by a new market study by Clever Real Estate, which found that in the ten slowest-selling U.S. markets, homes sell in a median of 57 days compared to a national average of 37 days.

Chicago’s housing market is popping. Will Trump’s tariffs change that? 

Chicago home prices and sales are increasing after years of struggles, but one thing looms large — President Donald Trump.

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Updated 11 months ago