HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.

Keller Williams names Sandra Howard as chief marketing officer 

Howard has decades of experience leading marketing and advertising for top brands including AT&T, Burger King and Southwest Airlines.

Lower mortgage rates spark refinance, VA applications 

After the 30-year fixed-rate decreased to 6.67%, the refinance share of mortgage activity increased to 46.5% of total applications

How lenders can win loyalty by owning the whole home journey  

Mortgage lending has shifted into an experience economy. Interest rates dominate conversations, yet only 29% of borrowers who complete a rate-and-term refinance stay with their current servicer, according to ICE Mortgage Technology’s July 2024 Mortgage Monitor report.

BofA, Citi warn of slower growth ahead as mortgage business softens 

Bank of America and Citi reported lower mortgage production between Q4 2024 and Q1 2025 — and conditions ahead could remain challenging.

Heirs’ attempt to reopen HECM foreclosure fails in Connecticut 

An attempt to reopen a HECM foreclosure was denied as a judge ruled that the borrower’s heirs failed to meet state legal requirements.

Homeowners have a collective $700B in ‘trapped’ equity 

Home equity investment company Point found that $731 billion in home equity is effectively inaccessible by traditional lending means.

Gibson plaintiffs denied motion to intervene in eXp, Weichert commission settlements 

Plaintiffs in the Gibson lawsuit won’t be allowed to intervene in eXp World Holdings’ and Weichert Realtors’ settlement in a separate case.

Compass clients solicit class action suit against NWMLS 

A new website, called Washington Homeowner Rights, is soliciting NWMLS home sellers in Washington state for a potential class action lawsuit.

Agent mobility continues to slow as recruitment season begins 

The latest data through February 2025 shows agent mobility dropping across all tracked measures, signaling an unexpected dip as the real estate industry heads into its traditionally
active recruiting season. This continues a pattern of subdued agent movement identified throughout late 2024 and early 2025, reflecting ongoing caution among agents and brokerage leaders alike.

What's New?
Updated 11 months ago