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.
Joseph Gormley nominated to lead Ginnie Mae
Over the weekend, the Senate received Joseph Gormley’s nomination to lead Ginnie Mae and forwarded it to the committee on banking, housing and urban affairs.
CrossCountry Mortgage accused of RESPA violations, kickbacks
Six separate suits accuse CrossCountry of paying Raleigh Realty $15,000 per month in 2021 and 2022 in exchange for exclusive client referrals.
PuraMadera names Martin Arana president and CEO
Arana, a former TransUnion executive, said PuraMadera aims to disrupt the U.S. housing supply chain by delivering mill-direct wood products at industrial scale.
HUD cancels HECM-related tech contract under direction of DOGE
A technology tool designed for use by reverse mortgage counselors is no longer available after its contract was canceled.
Southern states had the highest mortgage denial rates in 2023: NAR
Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National Association of Realtors (NAR).
Optionality of NAR’s no-commingling rule takes center stage at REX appeal hearing
Originally filed by REX in March 2021, the lawsuit alleges that changes made to Zillow’s website “unfairly hides certain listings, shrinking their exposure and diminishing competition among real estate brokers.”
West Coast MLSs form partnership to share listings data
California’s MetroList, the Northern Nevada Regional MLS (NNRLMS) and Oregon Data Share (ODS) will share real-time data, market insights and transaction history between the more than 30,000 subscribers to the three MLSs.
