Author: Michael Gersitz

SimpleNexus, a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding round. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. The

ReverseVision, a reverse mortgage technology provider, announced on Monday its president, Joe Langner, will now serve as both president and chief executive officer after just nine months with the company. Langner will succeed former CEO John Button, who had previously

Jeff TuckerZillow Senior Economist This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. The

After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this week. Last week’s announcement of a 2.67%

The clock has effectively run out for FHFA Director Calabria to release Fannie Mae and Freddie Mac from their 12-year captivity under conservatorship following the great financial crisis. The incoming Biden administration has an opportunity now to reshape the housing

EasyKnock has rolled out another sale-leaseback product for homeowners. With this initiative, homeowners can sell their home and remain living there rental payment-free until they find their new abode. EasyKnock said that this service enables the homeowner to leverage their

In October, the Conference of State Bank Supervisors made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage servicers – standards that, if enacted, have some stakeholders worried. The proposed rule addressed capital, liquidity,

RentPath announced Wednesday that it has terminated an agreement to be acquired by CoStar Group following the Federal Trade Commission’s (FTC) decision to sue to block the transaction. The FTC had argued that the $588 million acquisition would be harm

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. Schley, a senior managing director at BBG in Colorado, served as vice president of

While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve, along with changing consumer preferences, created a perfect storm that resulted in a record year for the