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Reverse mortgage servicing safeguard might help LA borrowers

Jan 17, 2025 via housingwire.com A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.

Explore Like a Local: 13 Unique Things to Do in Walnut Creek, CA

Jan 17, 2025 via redfin.com Walnut Creek is a charming suburb where tranquility meets urban sophistication. Known for its lively downtown, thriving arts scene, and scenic outdoor spaces, this East Bay gem offers endless activities that cater to every interest. This guide will help you discover the most unique things to do in Walnut Creek. The post Explore Like a Local: 13 Unique Things to Do in Walnut Creek, CA appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Mortgage applications for new homes are 9% higher than a year ago

Jan 17, 2025 via housingwire.com MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.

Chicago-area contractor sentenced to 17 years in prison over reverse mortgage scam

Jan 17, 2025 via housingwire.com The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of "bilking elderly homeowners in a reverse mortgage and home repair scheme," was sentenced to 17 years in federal prison by the U.S. District Court for the Northern District of Illinois.

Compass attracts top Connecticut team

Jan 17, 2025 via housingwire.com Compass is strengthening its presence in the Nutmeg State. On Friday, the largest brokerage in the country by sales volume announced that The Jennifer Leahy Team will be leaving Douglas Elliman to join the Robert Reffkin-helmed firm.

Rising mortgage rates zap builder confidence

Jan 17, 2025 via housingwire.com The recent rise in mortgage rates, approaching 7.25%, has negatively affected builder sentiment. They need rates in the 6-6.5% range to grow.

A Housing Market Under Donald Trump: What It Could Mean for Buyers, Sellers, and Renters

Jan 17, 2025 via redfin.com A second Trump presidency promises significant changes to the housing market. How will his policies affect buyers, sellers, and renters? The post A Housing Market Under Donald Trump: What It Could Mean for Buyers, Sellers, and Renters appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

FHA updates loss-mitigation waterfall in new mortgage servicing guidance

Jan 17, 2025 via housingwire.com Published on Thursday, the letter extends existing COVID-19 recovery options to February 2026. The FHA said it is aiming to give stakeholders "time to implement the new loss mitigation, claims, and reporting requirements."

What previous California wildfires can teach us about rebuilding LA

Jan 17, 2025 via housingwire.com When the wildfires in Los Angeles are finally extinguished, the city and its residents will have to sift through the devastation and answer questions about how -- and whether -- to rebuild.

WaFd Bank exits home mortgage lending, says model is 'unsustainable'

Jan 17, 2025 via housingwire.com Seattle-based WaFd Bank, which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business.

Supporting LA Wildfire Victims: How You Can Help Through Donations and Volunteering

Jan 17, 2025 via redfin.com The LA wildfires have left many in urgent need, and your help can make a lasting impact. Whether you donate, volunteer, or support local efforts, every action counts. Find out how you can contribute to recovery and bring hope to those affected. The post Supporting LA Wildfire Victims: How You Can Help Through Donations and Volunteering appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

A&D Mortgage acquires Mr. Cooper's wholesale, correspondent businesses

Jan 17, 2025 via housingwire.com The impacted employees at Mr. Cooper will be offered an opportunity to join A&D Mortgage when the transaction is finalized by March 2025.

GSEs delay proposed 'bi-merge' credit transition

Jan 17, 2025 via housingwire.com The GSEs stated that the planned transition will now take place at the same time they retire the Classic FICO credit model, which is "TBD."

Coldwell Banker expands in New England, adds The Kevin Lewis Group

Jan 17, 2025 via housingwire.com The Kevin Lewis Group achieved almost $500 million in sales during it's six years of affiliation with Compass Real Estate.

Housing completions were up in 2024, a bright spot for builders

Jan 17, 2025 via housingwire.com Housing starts and building permits were both down year over year in 2024, suggesting uncertainty among builders.

Supreme Court sides against TikTok, upholds U.S. ban

Jan 17, 2025 via housingwire.com The Supreme Court ruled Friday that a controversial ban on TikTok can take effect on Sunday, upholding a law that requires TikTok's China-based parent company, ByteDance, to divest from the social media app or face a ban in the U.S.

RealScout co-founder Andrew Flachner makes a return as president and CEO

Jan 17, 2025 via housingwire.com San Francisco-based real estate technology company RealScout on Thursday announced that Andrew Flachner will take over as CEO. Flachner, a co-founder of RealScout, will replace current CEO Arthur Kaneko, who will continue to serve as an adviser.

MoxiWorks secures additional funding, names new CRO

Jan 17, 2025 via housingwire.com The real estate technology company announced additional funding from its ownership group with include Vector Capital and Howard Hanna.

Southern Nevada real estate outlook: 2025 predictions

Jan 17, 2025 via housingwire.com As we head into 2025, I'm optimistic about the Southern Nevada real estate market and the opportunities it presents. While the economic conditions are certainly shifting, I see several factors that could drive activity and create a dynamic year ahead.

Outsourcing for efficiency: How SitusAMC is enhancing primary market origination with third-party resources

Jan 17, 2025 via housingwire.com SitusAMC -- a top-of-the-line provider of investment advice, talent solutions, and digital tools -- offers a rare opportunity for lenders and investors. The real estate company handles the entire lifecycle of the loan process, from processing and underwriting to closing and servicing.

From giant Lego-style bricks to artificial reefs, how the construction industry is using tech to tackle climate change

Jan 17, 2025 via cnbc.com The building industry is "by far" the largest emitter of greenhouse gases of any sector, according to the U.N.

Biden administration's parting gift to real estate is a lawsuit against Greystar

Jan 16, 2025 via housingwire.com The Federal Trade Commission is suing Greystar for allegedly deceiving tenants through fees that raised rents above the advertised amount.

Unique Things to Do in Medford, OR: 8 Must-Do Activities

Jan 16, 2025 via redfin.com Medford, Oregon, might not be the first place that comes to mind when you think of exciting destinations, but locals will tell you it's one of the best-kept secrets in the Pacific Northwest. Known for its outdoor adventures, amazing food, and a strong sense of community, Medford has something for everyone. So whether you’re looking […] The post Unique Things to Do in Medford, OR: 8 Must-Do Activities appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Foreclosure activity subsided in 2024. Is it a sign of housing market stability?

Jan 16, 2025 via housingwire.com Attom's newest foreclosure report noted that filings were down 10% from 2023 and down 35% from pre-pandemic levels in 2019.

Longbridge files to remove ads from website in case against Mutual

Jan 16, 2025 via housingwire.com Longbridge has filed a motion in court seeking to take down material it contends is deceptive and misleading from several websites.

Realtor.com: HOA fees are on the rise among all home types

Jan 16, 2025 via housingwire.com A Realtor.com report found that roughly 40% of for-sale listings last year included HOA dues, up slightly compared to 2023.

Habitat for Humanity sees success with aging in place program

Jan 16, 2025 via housingwire.com A New York county branch of Habitat for Humanity says its aging in place program is making a difference for area seniors.

Trump's HUD pick will aim to 'maximize' HUD budget if confirmed

Jan 16, 2025 via housingwire.com Scott Turner was on the hot seat in his Senate confirmation hearing, which was largely cordial while illustrating his potential priorities if confirmed to lead HUD.

CoreLogic puts property damage from two fires at up to $45B

Jan 16, 2025 via housingwire.com CoreLogic today announced preliminary loss estimates for the Eaton and Palisades Fires totaling between $35 to $45 billion.

The Southern housing markets poised to become boomtowns

Jan 16, 2025 via housingwire.com Eight of the top 10 fastest-growing housing markets in the latest CoreLogic report are in the South, with Lakeland, Florida topping the list.

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

Jan 16, 2025 via cnbc.com The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

Unique Things to Do in Medford, OR: 8 Must-Do Activities

Jan 15, 2025 via redfin.com Medford, Oregon, might not be the first place that comes to mind when you think of exciting destinations, but locals will tell you it's one of the best-kept secrets in the Pacific Northwest. Known for its outdoor adventures, amazing food, and a strong sense of community, Medford has something for everyone. So whether you’re looking […] The post Unique Things to Do in Medford, OR: 8 Must-Do Activities appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Here are 7 steps homeowners and renters should take after a wildfire, experts say

Jan 15, 2025 via cnbc.com If your primary residence was affected or completely destroyed in a wildfire, here are seven steps to take immediately, according to experts.

The 10 Best Places to Live in Utah in 2025

Jan 15, 2025 via redfin.com Whether you're looking to move somewhere new or are just curious about what the state has to offer, read on to discover the best places to live in Utah in 2025. Redfin ranks cities based on factors like affordability, navigability, and number of amenities. The post The 10 Best Places to Live in Utah in 2025 appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

How to Buy Land: A Step-by-Step Guide From Zoning to Closing

Jan 15, 2025 via redfin.com Buying land involves a different set of considerations than buying a home. This guide will walk you through how to buy land in 9 steps, from zoning and land loans to property surveys and submitting your offer. The post How to Buy Land: A Step-by-Step Guide From Zoning to Closing appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Mortgage demand is mixed, as interest rates hit highest level since May

Jan 15, 2025 via cnbc.com Mortgage demand started this year stronger than it did last year, even though interest rates are higher.

UK homeowners brace for higher mortgages as borrowing costs spike

Jan 15, 2025 via cnbc.com Hundreds of thousands of U.K. homeowners are facing the prospect of higher mortgage rates after a spike in U.K. borrowing costs.

What to Do After a Wildfire: Support and Resources for LA Fire Victims

Jan 14, 2025 via redfin.com Knowing what to do after a wildfire is key to your recovery. From finding temporary housing to replacing important documents. With the right resources, financial aid, and support, you can start rebuilding and healing. The post What to Do After a Wildfire: Support and Resources for LA Fire Victims appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Why it's so hard to find starter homes in the U.S.

Jan 14, 2025 via cnbc.com Homes that are modest in size and price make up roughly 9% of new homes built in the U.S. That's down sharply from decades earlier.

Spain plans to tackle housing crisis with 100% tax on homes bought by foreigners

Jan 14, 2025 via cnbc.com Spain is planning to impose a tax of 100% on homes bought by non-EU residents as it looks to tackle an entrenched housing crisis in the country.

The 10 Oldest Cities in the U.S. for Homebuyers Seeking Charm and History

Jan 13, 2025 via redfin.com We all know that the United States declared independence in 1776, but many of its oldest cities existed long before the nation's founding document was signed. Many of them went on to play key roles in the country's early history, serving as centers for trade, government, and culture. Moving to one of these cities means […] The post The 10 Oldest Cities in the U.S. for Homebuyers Seeking Charm and History appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

How Long Should You Live in a House Before Selling? Here's What to Consider

Jan 10, 2025 via redfin.com Deciding when to sell your home is a major decision that can be influenced by many factors--financial, personal, and market-driven. One of the most important considerations is: How long should you live in a house before selling? While there's no one-size-fits-all answer, understanding the potential financial benefits of staying in your home for a longer […] The post How Long Should You Live in a House Before Selling? Here's What to Consider appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Things to Do in Cincinnati: A Bucket List of Adventures in Cincinnati

Jan 9, 2025 via redfin.com With so many exciting things to do in Cincinnati, every corner of the Queen City has something special waiting for you. The post Things to Do in Cincinnati: A Bucket List of Adventures in Cincinnati appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Vacation Home Security: A Complete Checklist for Peace of Mind While You're Away

Jan 9, 2025 via redfin.com In this checklist, we cover essential steps to enhance your vacation home security. Leaving your vacation home unattended can be worrying, but with the right precautions, you can ensure it stays safe and secure. The post Vacation Home Security: A Complete Checklist for Peace of Mind While You’re Away appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Unique Things to Do in Sammamish, WA: 5 Must-Do Activities

Jan 8, 2025 via redfin.com Sammamish, Washington, offers a unique blend of natural beauty and suburban comfort. It's a community with something for everyone, making it a great place to explore or call home. Whether you’re looking to buy a house in Sammamish, WA, interested in renting an apartment in the area, or have your eyes on a rental home, […] The post Unique Things to Do in Sammamish, WA: 5 Must-Do Activities appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

What You Need to Buy a House in 2025

Jan 8, 2025 via redfin.com Buying a house is a big decision. That's why we created this guide to equip you with what you need to buy a house in 2025. The post What You Need to Buy a House in 2025 appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

The 10 Best Places to Live in Washington State in 2025

Jan 8, 2025 via redfin.com Whether you're looking to move somewhere new or are just curious about what the state has to offer, read on to discover the best places to live in Washington State in 2025. Redfin ranks cities based on factors like affordability, navigability, and number of amenities. The post The 10 Best Places to Live in Washington State in 2025 appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Unique Things to Do in Corvallis, OR: 6 Must-Do Activities

Jan 8, 2025 via redfin.com Corvallis, Oregon, may be a small town, but it's full of charm and offers a surprising variety of unique activities and experiences. Whether you’re visiting before moving here or are lucky enough to call Corvallis home, there are plenty of ways to enjoy this vibrant city. From hidden gems to local favorites, there's always something […] The post Unique Things to Do in Corvallis, OR: 6 Must-Do Activities appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

How to Beat the Winter Blues, Home Projects for a Happier Season

Jan 8, 2025 via redfin.com As the cold weather sets in and the days grow shorter, it's easy to feel a little down. But don't let the winter blues take over--there are plenty of simple home projects that can help lift your spirits and warm up your space! The post How to Beat the Winter Blues, Home Projects for a Happier Season appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Mortgage rates hit highest level since July, crushing application demand

Jan 8, 2025 via cnbc.com Total mortgage application volume dropped 3.7% compared with the previous week.

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