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CrossCountry Mortgage settles sexual harassment case in Georgia

CrossCountry Mortgage, Georgia, HWmember, Lawsuit, Legal, Mortgage /

CrossCountry Mortgage (CCM), a branch manager in Georgia and a former employee have reached a settlement in a sexual harassment lawsuit, according to court filings. The case began in June 2023 when former processor Christina Nielsen alleged that branch manager Steven Bocca subjected her and other female employees to sexual comments, unwanted touching and inappropriate […]

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Former DOJ official blames lobbyist for weaker antitrust scrutiny

Commission Lawsuit, Department of Justice, HWmember, Legal, National Association of Realtors, Politics, Real Estate, Regulatory, Sitzer/Burnett, Trump administration /

Roger Alford’s time at the Department of Justice (DOJ) may have been brief — much to the relief of the real estate industry — but that doesn’t mean he doesn’t have thoughts on his time there.  Alford, a law professor at Notre Dame who served as an expert witness testifying against the real estate industry

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Existing home sales surprise with positive growth in July

Existing home sales, Home Sales, Housing Inventory, Housing Market, HWmember, National Association of Realtors, Real Estate /

Existing home sales in July exceeded monthly estimates and demonstrated year-over-year growth. However, it’s important to remember that we started from a low baseline for sales in 2024, so this year-over-year growth needs to be viewed in context. For those who have been following our weekly tracker, we’ve noted that year-over-year data should turn positive

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Survey: Job insecurity leading to home purchase delays

Affordability, Agent, Employment, First-Time Homebuyers, Gen Z, Home Prices, Homebuying, HWmember, Millennials, Real Estate, Redfin, Unemployment /

More than two in five American workers say concerns about job security are causing them to delay or cancel a major purchase such as a car or home, according to a new Redfin-commissioned survey. The survey found that 44% of employed U.S. residents put off or scrapped such purchases. Another 30% said they had already

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Bill Emerson to retire as president of Rocket Companies

HWmember, LendingLife, Mortgage, Origination, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders /

Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC). “After more than three decades at Rocket, Bill Emerson will step down as president at the end of the year,” a Rocket spokesperson told HousingWire. “Bill is

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Tech startup offering AI-driven property level risk modeling

Affordability, Alabama, California, Climate Change, FEMA, Flood insurance, Florida, Homeowners insurance, Hurricane, HWmember, Insurance, Mississippi, National Flood Insurance Program, Natural Disaster, Real Estate, Tornado, Wildfire /

San Diego-based startup FutureProof is using artificial intelligence (AI) to change the way insurers assess catastrophe risk and set premiums, a shift that could make insurance both more affordable and easier to come by in disaster-prone regions. “FutureProof started with thinking about the build environment and everyone’s homes and businesses,” FutureProof co-founder and co-CEO Alisa

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In New York, many seniors aren’t getting vital support services

Aging in Place, Healthcare, HWmember, New York, Reverse /

New York is among the states where older residents are not receiving adequate levels of in-home care and other support services, according to a report published by a local news outlet. The report cited data from the Office of the New York State Comptroller, which found that some 16,000 of the state’s senior residents “continue

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Coldwell Banker’s Jason Waugh on data, skills and seizing market opportunity

Agent, Artificial Intelligence, Brokerage, Coldwell Banker, Data & Analytics, Housing Demand, HWmember, Real Estate, Team Leaders /

On a recent call with HousingWire, Jason Waugh, the president of Coldwell Banker Affiliates, reflected on a milestone at home — his oldest daughter heading off to college. “We’re putting the finishing touches on summer before she leaves,” he says. For Waugh, it was a reminder of transition, which is a theme that also defines

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Mortgage brokers say loanDepot is knocking at their door again

Anthony Hsieh, Brokerage, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Broker, Origination, Wholesale Lending /

loanDepot appears to be building capabilities in the wholesale mortgage space — a channel it formally exited three years ago. Executives and owners at three mortgage brokerage shops told HousingWire they were recently contacted by loanDepot representatives who introduced themselves as account executives while “re-introducing” the company’s wholesale channel and inviting the brokers to become

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First American: Existing home sales remain subdued

Existing home sales, First American, First American Financial Corporation, Home Sales, Housing Market, HWmember, New Home Sales, New listings, Real Estate, Real Estate Agents, Real Estate Listings /

Nationally, existing home sales remain muted even as housing inventory grows, according to a new First American analysis of the 75 largest U.S. metropolitan areas. Inventory in July was nearly 20% higher than a year ago, yet the flow of new listings rose only 5% compared with 2024. That distinction matters, said Odeta Kushi, deputy

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