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FHA rescinds 12 policies as Trump administration pushes to cut red tape
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
Compass affiliate The Gambino Group adds three top agents
Leadership says the three new additions will help drive growth in key markets including Miami and New Jersey.
Bessent announces 10 new appointments at Treasury
Several of the appointed employees previously served in policy adviser and communications roles during the first Trump administration.
FCC says new rules for robocall and text opt-outs will take effect in April 2025
The new guidelines coincide with a push to end mortgage trigger leads and will impact any companies that use electronic communications to solicit business.
After the waters recede: LOs, agents grapple with Helene and Milton devastation
Housing markets in the Southeast are reeling from a one-two punch of hurricanes that may have caused at least $100 billion in damage.
Hurricane Helene has exposed $96B in RMBS loans to delinquency
Similar to past experiences, Hurricane Helene may lead to 5% of mortgage borrowers in affected areas becoming delinquent but eventually self-curing over the next 12 months, according to a Bank of America (BofA) analysis.
Leaders struck a debt ceiling deal. What it means for mortgages
The debt ceiling deal represents momentary relief for the mortgage market, as it reduces the chances of a federal government default.
FHFA House Price Index hits an all-time high
On Tuesday the FHFA House Price Index hit an all-time high. Total active listings are still near all-time lows and demand has stabilized.
The title industry’s latest cat-and-mouse game: Seller impersonation fraud
The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S. Secret […]
