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Armando Falcon on the FHFA’s move toward crypto mortgages
Armando Falcon, chairman and CEO of Falcon Capital Advisors, shares how the GSEs can be prudent in piloting the use of crypto in mortgages.
State AGs oppose HUD’s plan to roll back fair housing marketing rules
The proposed rule would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.
Texas independent brokerages join Compass
Vista Real Estate and Halo Group Realty collectively bring more than 100 agents who serve large portions of Texas to Compass.
Redwood adds alternative loan products to its home equity platform
The move is part of a repositioning that includes branding of its jumbo loan platform, which will continue to operate under the Sequoia umbrella going forward.
HUD announces $12B in long-term disaster assistance across 24 states
The funds will aim to support multiple communities impacted by hurricanes, wildfires and more in 2023 and 2024.
How reverse mortgage pros will seek to connect with clients in 2025
The reverse mortgage industry is ready to hit the ground running in its efforts to connect with new clients in 2025.
Economy adds 336,000 jobs in September, a blow for housing
September job gains came in far higher than expected, a blow for the housing industry already grappling with mortgage rates near 8%.
As mortgage rates near 8%, loan originators target first-time homebuyers
Loan originators can no longer rely on move-up buyers. As mortgage rates approach 8%, they are pivoting to first-time homebuyers with FHA, VA loans and down payment assistance programs.
Home prices are likely to fall in these markets
U.S. home prices posted their biggest annual price increase since February 2023, reaching a 3.7% price gain in August, according to CoreLogic’s August 2023 Home Price Index.
