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.
The future of the title industry is bright
Stepping into the role of CEO of the American Land Title Association (ALTA) is both a profound privilege and a significant responsibility—one I embrace with commitment and purpose. Throughout my career in public policy and association leadership, I’ve consistently seen how well-directed education and advocacy can support and enhance industries and elevate the professionals who drive them.
What’s in Trump’s ‘Big Beautiful Bill’ for seniors?
The 1,116-page Senate bill contains some key changes for older Americans, including a bonus tax deduction. But it also cuts Medicaid.
Walker & Dunlop closes $240 million affordable housing fund
The funding will pay for 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut, Florida, Idaho and Kansas.
Mortgage delinquencies are rising. FHA borrowers are feeling the impact
Certain borrower groups are especially vulnerable, including those with lower credit scores, higher debt-to-income ratios and those who opted for more affordable loan products.
Some mortgage brokerages have grown quickly. Now they’re under CFPB scrutiny
The CFPB’s focus is on how brokerages comply with LO compensation rules, particularly in regard to lender-paid versus borrower-paid options.
Ginnie Mae releases final term sheet for HMBS 2.0
After the release of an initial term sheet in June, Ginnie Mae said the final term sheet incorporates industry and stakeholder feedback.
Housing sector is showing signs of picking back up: Powell
Fed Chair Jerome Powell said the housing market is “picking back up” and the Fed will “proceed carefully” as to whether to tighten further or hold the policy rate constant.
New home sales grow, even with higher mortgage rates
Builders are taking advantage of inventory issues. That’s why new home sales are trending up, despite higher mortgage rates.
Where are mortgage rates headed?
Economists, analysts and mortgage execs say that mortgage rates could keep rising, possibly touching 8% in the coming weeks. We look at what that means for the housing market and how the 2024 forecast is shaping up.
