Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination of approximately 2,000 jobs after the program is completely wound down. Zillow Offers was a service to homeowners to sell without having to coordinate repairs or ...
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Milliman, Inc., recently released the Q1 2025 results of its Mortgage Default Index (MMDI), revealing the lifetime significant delinquency rate for residences that are 180 days or more past due...
Frank Cassidy, current Principal Deputy Assistant Secretary HUD has been nominated to serve as Commissioner of the FHA, while Joseph M. Gormley has accepted the nomination as new President of...
"In some cases, homeowners are now spending more than half of their monthly mortgage payment on insurance and taxes,” said Ben Madick, CEO and Co-Founder of Matic. “An increasing number of people...
"Commercial and multifamily borrowing gained significant momentum in the second quarter of 2025, with strong increases across most property types and capital sources," said Reggie Booker, MBA’s...
President Trump has reportedly met with CEOs of some of the nation’s largest banks to discuss strategies for taking Fannie Mae and Freddie Mac public, and exploring ways in which these major...
The Mortgage Relief for Disaster Survivors Act would grant homeowners in areas that have received disaster declarations from the President, Governors, or Tribal leaders 180 days of mortgage...
Following passage of President Trump’s One Big Beautiful Bill, New York Senator introduces legislation to restore CFPB funding to 12% of the Federal Reserve’s operating budget, ensuring the Bureau...
"Affordability conditions improved in June, a positive sign for prospective homebuyers looking to take advantage of slightly lower mortgage rates and moderating home prices," said Edward Seiler,...
According to Redfin, some major markets are reporting a drop in home prices as supply exceeds demand in 14 of the 50 most populous U.S. metros. The post Are Homebuyers Gaining an Edge in the...
“With home prices at record highs, you’d expect to see owners enjoying more equity in their homes so it’s good to see equity-rich rates rebound after a few slower quarters,” said Rob Barber, CEO...
HR 1815 establishes a permanent partial claims program within the VA Home Loan Program, bringing the VA in line with other federal agencies and replacing the VA Servicer Purchasing Program (VASP)...
Sens. Mike Crapo and Mark Warner push for the disbursement of funding from the Community Development Financial Institutions (CDFI) Fund to assist distressed communities. The post Senators Call for...
The Senate Banking Committee unanimously advanced the ROAD to Housing Act of 2025, which includes two bills to boost awareness of VA home loans and improve veteran disclosure requirements in...
A new study examines the preparedness of the U.S. baby boomer generation as they enter their 80s and encounter health and housing needs. The post Despite Holding Massive Home Equity, Boomers Face...
Widespread layoffs of federal employees and budget cuts for government-funded programs have altered the housing market in Washington, D.C., according to recent Redfin research, leaving some former...
Sen. Cynthia Lummis has introduced the 21st Century Mortgage Act, a bill drafted to allow for the consideration of digital assets when assessing single-family mortgage eligibility. The post Bill...
Amid public scrutiny from President Trump and from administration members on social media, Fed Chair Jerome Powell held the federal funds rate at 4.25%-4.50% Wednesday afternoon, marking the fifth...
Higher mortgage rates aside, U.S. homeowners are growing increasingly dissatisfied with their mortgage servicers according to a new annual survey that reveals a "significant disconnect in the...
The Federal Housing Finance Agency is seeking comment on the notice of proposed rulemaking repealing the Fair Lending, Fair Housing, and Equitable Housing Finance Plans regulation, citing...
The latest Realtor.com Housing Forecast report has released its midyear update, revealing the primary drivers that will further accelerate economic and housing activity for the rest of the...
