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.
House Democrats call for more action on US housing crisis
Two Democratic House members from Ohio are calling for a more coordinated federal response to the nation’s housing crisis.
Former CFO sues Real Brokerage, alleges discrimination
Michelle Ressler — who was relieved of her role as CFO in April — claims that Real orchestrated her termination under false pretenses.
Rocket Pro announces partnership with Vetted VA
The partnership will involve the training of Rocket staff and LOs by Vetted VA so the lender can better serve the veteran community.
NewRez restructures retail division, cuts senior managers
Lender is restructuring its distributed retail mortgage division, which has resulted in cuts to senior managers and is sending LOs looking for new work.
As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data
Industry experts are split on the timing of the central bank’s interest rate cut; mortgage rate movement hinges on jobs and inflation numbers
A repositioning of players in the MSR market is underway
The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.
This is not 2008 all over again for the housing market
When you hear people say that the current housing market is like 2008 all over again, you may want to remind them of the huge differences between this market and that one. HW+ Premium Content.
Are homebuilders burning bridges with real estate agents?
Due to sky-high demand, some homebuilders are refusing to pay buy-side real estate agents a commission. Is that a mistake? We explore the tension and potential consequences in this piece. HW+ Premium Content
Lumber prices are falling, but builders still feel the pinch
Lumber prices have dropped for the eighth consecutive week, but builders and new home buyers are still fighting high costs. HW+ Premium Content.
