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Fannie Mae issues new servicing rules for temporary buydowns 

Fannie has asked servicers to implement the new rules immediately, with mandatory compliance starting Nov. 1

loanDepot announces Jeff Walsh’s retirement 

After 12 years at the company, Walsh’s resignation, confirmed as his retirement, will be effective as of Sept. 5.

MBA nominates ICE Mortgage Technology’s John Hedlund as 2026 vice chairman 

Under the MBA’s bylaws, Hedlund is expected to serve as chairman-elect in 2027 before becoming chairman in 2028.

FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’ 

Finance of America debuted a new creative campaign soon after announcing the enlistment of a new agency to drive modern marketing efforts.

CHLA urges congressional restraint on mortgage fees in budget bill 

If the upcoming budget debate turns to raising homeownership costs through fees, Congress should think twice, the CHLA said.

Mortgage rates bolt back toward 7% 

At HousingWire’s Mortgage Rates Center on Tuesday, 30-year conforming rates averaged 6.98% — up 20 basis points (bps) from one week ago and the highest rate since the end of February. And 15-year conforming rates have shot up 38 bps in the past week to reach 6.88%.

Kirsten Jordan brings her $100M team to Corcoran 

The top New York City-based broker announced Tuesday that she and her team were leaving Douglas Elliman for Corcoran.

Merger combines two top Century 21 affiliates 

Two prominent Century 21-affiliated real estate firms in California have merged, consolidating operations across more than 50 offices.

HomeServices strikes deal with Zillow to provide listing tools to agents 

Agents at all of HomeServices of America’s companies will now have access to Zillow Showcase for all of their listings.

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Updated 11 months ago