Reverse mortgage volume, securities issuance increased in April
Monday, May 5th, 2025
Stewart Title consolidates New York operations under single entity
Monday, May 5th, 2025
Stewart Title Insurance Co. has merged with its affiliate Stewart Title Guaranty Co. and will now operate in New York under the latter’s name.
Company leaders said the internal consolidation is intended to unify Stewart’s operations under a single underwriting entity in New York — with the goal of enhancing underwriting capacity and financial backing for transactions in the state.
Is your home ready for you to age in place? What to consider
Monday, May 5th, 2025
Preferences for aging in place are well-documented among older Americans, but there are some factors that should be considered carefully. This is according to Pamela Redwine, a family, health and wellness agent with the Mississippi State University Extension Service.
White House proposes elimination of Section 8 housing vouchers
Monday, May 5th, 2025
The potential elimination of Section 8 housing vouchers and roughly 40% cuts to rental assistance were included in a recent White House request to the U.S. Department of Housing and Urban Development (HUD).
The cuts, first reported by NPR, target core HUD programs like Section 8 vouchers, replacing them with block grants to states.
Major cities are suing HUD over ‘unlawful conditions’ tied to grants
Monday, May 5th, 2025
Previously approved federal grants from Congress are now coming with allegedly unlawful fulfillment conditions for homelessness and transit assistance, which put these services at risk of failing to meet the needs of program beneficiaries.
Top Texas real estate team joins eXp
Monday, May 5th, 2025
One of the most successful real estate teams in Texas is making a major brokerage move. The Neal & Neal Team, led by twin brothers Shane and Clint Neal, has left Keller Williams after 15 years to join eXp Realty.
ICE: First-time homebuyers account for record share of agency lending in Q1 2025
Monday, May 5th, 2025
Intercontinental Exchange‘s May 2025 Mortgage Monitor Report, released Monday, found that first-time homebuyers accounted for a record share of agency purchase lending (58%) in the first quarter 2025.
Prudent AI launches one-touch pre-qualification platform
Monday, May 5th, 2025
Prudent AI on Monday announced the launch of Prudent AI Upfront, a one-touch pre-qualification platform designed to improve lender sales funnels.
The company claims the product is the mortgage industry’s first of its kind and allows lenders to process more applications, reduce fallout and capture more business.
Sounding the alarm on private listings: The truth sellers aren’t being told
Monday, May 5th, 2025
There is a growing trend in the real estate industry that puts sellers at a serious disadvantage: private, or “off-market,” listings.
While many brokerages promote private listings as a premium service, sellers are being misled by sacrificing maximum exposure and higher offers in exchange for a strategy that primarily benefits the brokerage and agent.
Why this week’s Fed meeting is critical for mortgage rates
Sunday, May 4th, 2025
This week, the Federal Reserve is holding a crucial meeting that could significantly influence the housing market in 2025 and 2026. The outcome could set the stage for mortgage rate cuts or a pause in action until there are shifts in the labor market. As many have observed, President Trump has expressed dissatisfaction with Jerome Powell’s reluctance to lower rates. While replacing Powell is not currently an option, a leadership change will occur next year.
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