Homebuilders slash prices to clear inventory as confidence sinks again in November
Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months.
Builder...
7 best real estate schools in Illinois (IL) for 2024
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HUD to double servicer fee on assumable mortgages
The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to Ginnie Mae’s digital collateral program and an...
NAR names new chief marketing and communications officer
The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would...
Blend, now “debt-free,” remains confident about reaching profitability by the end of 2024
Mortgage tech firm Blend Labs reported another loss in the first quarter of 2024, but its executives remain confident the company will deliver profits by...
FHFA’s pilot to waive lender title insurance on refis faces opposition
President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain...
Bob Goldberg out as NAR CEO
The National Association of Realtors’ longtime CEO Bob Goldberg is leaving the trade association, multiple sources with knowledge of the situation have confirmed...
Buyers will have more options in 2024, but affordability woes will persist: Bright MLS
Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year.
Homebuyer...
Bank regulators issue new Community Reinvestment Act rule
The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977...
Rocket bets big on AI for bespoke customer experiences
This interview has been edited for length and clarity.
Clayton Collins: You entered this business and this industry at a relatively challenging time. What’s...
