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Rithm Capital delays Newrez public listing, eyes M&A opportunities

Earnings, HWmember, LendingLife, Mortgage, Mortgage Servicing, NewRez, Origination, Subservicer /

Rithm Capital, the parent of multichannel mortgage lender Newrez, said it’s not currently moving forward with plans on an initial public offering for the subsidiary as it focuses on supporting the firm’s broader portfolio. Instead, the firm is turning its attention to mergers and acquisitions, even amid macroeconomic uncertainty. “First of all, we spent a […]

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Home equity debt rose 10% in 2024, making it a ‘product of choice’

Debt, HELOCs, Home Equity, Home equity loans, HWmember, Marina Walsh, Mortgage, Mortgage Bankers Association /

Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. The study, conducted in the spring of 2025 and using

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Hybrid cloud and the rise of PropTech: What’s next?

Contributors, HWmember, Opinion, Proptech, Real Estate, Technology /

Property Technology (PropTech) is quickly transforming the global real estate industry, driving innovation and spurring trends across new residential and commercial developments. The global PropTech market was valued at $36.55 billion in 2024 and is projected to reach $88.37 billion by 2032, illustrating the growing relevance of smart technologies in real estate. With staples of

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Michael Isaacs out as CEO of Go Mortgage

HWmember, Lenders, Mortgage, Ohio, People Movers, Retail Lending, Team Leaders /

Go Mortgage‘s majority owner and CEO Michael Isaacs have parted ways, sources told HousingWire this week. Staff at the Ohio-based retail lender were told on Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell had named himself as interim CEO. The departure was a mutual decision, with Hansell and President Andrew Paganos

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Housing inventory growth is starting to stall

Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications /

Housing inventory growth is starting to stall, despite elevated mortgage rates. As new listings begin their seasonal decline, we might have already reached our peak percentage growth rate for 2025. The recent stalling has already gradually reduced the year-over-year growth percentage by a slight amount. For the rest of the year I’ll be watching to

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Tech Pulse: Lawmakers press FHFA on crypto for mortgages

Artificial Intelligence, Bill Pulte, Cryptocurrency, FHFA, HWmember, MLS, Mortgage, northwest mls, Opendoor, Real Estate, Real Estate Agents, Technology /

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Senate Democrats press FHFA on crypto use in mortgages Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting.

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Hemp spells affordable housing for Native American community

Affordability, Affordable housing, Construction, Homebuilders, Housing Market, HWmember, Minneapolis, Minnesota /

The Lower Sioux Indian Community in Morton, Minnesota, has become the first in the country to create a fully vertically integrated “seed-to-wall” program using industrial hemp — addressing a critical shortage of affordable housing on its reservation. Prompted by U.S. Census Bureau data indicating the need for 200 new homes by 2030, the Lower Sioux

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Scott, Warren announce bipartisan housing bill markup

Affordability, Affordable housing, Elizabeth Warren, Housing Inventory, Housing Market, HWmember, Legislation, National Housing Conference, Politics, Senate /

The Senate Banking Committee will hold its first bipartisan housing markup in more than a decade, Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) announced Thursday evening. The executive session, which will involve the consideration of the ROAD to Housing Act of 2025, will also include the unveiling of a sweeping legislative package

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Senate Democrats press FHFA on crypto use in mortgages

Bill Pulte, Cryptocurrency, FHFA, HWmember, LendingLife, Mortgage, Origination, Senate, Technology, Underwriting /

Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully. In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media post from late June, in which Pulte said the agency is

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Bright MLS: Housing market shifts toward necessity, balance

Affordability, Bright MLS, First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, Housing Market Data, HWmember, Mortgage Rates /

The U.S. housing market is entering a new phase defined less by competitive bidding and more by financial stress and practical necessity, according to a second-quarter Bright MLS agent survey released Friday. The findings reveal a marked departure from previous years’ demand-driven trends, with both home buyers and sellers increasingly motivated — or discouraged —

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