From lawsuits to mergers and acquisitions at a scale never seen before in real estate and everything in between, 2025 was full of twists, turns and surprises for the housing industry. HousingWire is rewinding and breaking down the biggest storylines in the real estate industry from this past year. There is no doubt that 2025 […]
Biggest stories in 2025: Rocket, Redfin enters the portal wars Read More »
Mortgage applications decreased 3.8% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Dec. 12. On an unadjusted basis, the index decreased 5% compared with the previous week. The refinance index decreased 4% from the previous week and was 86% higher than the
Mortgage demand drops, but refi share reaches highest level since September Read More »
Pennymac cut the ribbon on a new facility in Carrollton, Texas, on Friday, which will become the company’s largest corporate office, eventually housing more than 1,800 employees. The move consolidates two offices in the Dallas/Fort Worth metroplex while also giving the company room to grow. Pennymac is taking full advantage of the bigger space, actively hiring
Inside Pennymac’s Texas expansion and its push for top mortgage talent Read More »
The legal skirmish between Katie Sweeney and the Association of Independent Mortgage Experts (AIME) is continuing to develop with a first amended complaint that officially names United Wholesale Mortgage, AIME’s main sponsor, and Sarah DeCiantis, UWM’s executive vice president and chief marketing officer, as defendants. Sweeney previously filed a motion on Oct. 28 in the
Sweeney amends lawsuit against AIME, names UWM Read More »
The Consumer Financial Protection Bureau (CFPB) is proposing changes to rules under the Equal Credit Opportunity Act (ECOA) to clarify lenders’ responsibilities on issues including disparate impact, discouragement of applicants and special purpose credit programs (SPCPs) that industry leaders say could hurt women’s ability to get a mortgage loan in their own name. The comment
CFPB’s ECOA proposal raises alarms over women’s ability to get a mortgage Read More »
Don Goettling, a nearly 40-year veteran of the mortgage and real estate industry, announced last week that he’s committing full time to his role as CEO of Momentum Builder, the company he co-founded in 2018. The organization, which provides resources for housing professionals — including coaching, workshops, events and technology tools — also oversees the
Don Goettling goes all in with Momentum Builder Read More »
Nonprofit organizations say the Trump administration has dramatically scaled back fair lending oversight — and they’re stepping in to fill the void. In its latest move, the Department of Justice (DOJ) this week announced the rescission of disparate-impact liability from its Title VI regulations, while other parts of the federal government have reduced enforcement of
Nonprofits launch fair lending tip lines as federal oversight wanes Read More »
Guaranteed Rate Affinity, a joint venture between Guaranteed Rate Inc. and Anywhere Integrated Services, announced Thursday that it has promoted Lacey Sullivan to regional manager for Northern California. In the role, Sullivan is tasked with overseeing the region’s leadership team, guiding growth initiatives, support for recruiting and development efforts, and leading engagement with Anywhere brand Coldwell Banker. In
Guaranteed Rate Affinity promotes Lacey Sullivan Read More »
Fannie Mae has announced several new policies in its latest Selling Guide update that are aimed at improving liquidity and expanding access to affordable housing. The changes include new eligibility for manufactured homes, expanded options for accessory dwelling units (ADUs) and updates to adjustable-rate mortgage (ARM) requirements, the government-sponsored enterprise announced on Wednesday. On the
Fannie Mae broadens ADU, manufactured home eligibility Read More »
NewDay USA has hired Michael Gaines as executive vice president of capital markets. Gaines confirmed the news on his LinkedIn account in a post on Dec. 6. “In my first week, I’ve seen firsthand the incredible commitment to serving veterans, service members and their families. I look forward to contributing to this mission and leading
NewDay USA appoints Michael Gaines as EVP, capital markets Read More »