Author: Michael Gersitz

The HousingWire Insiders program is now accepting nominations, and we want to see your operational superstars! The HW Insiders Award program recognizes your organization’s operational all-stars — those insiders that are your company’s best-kept secret, yet vital to success. They

The Mortgage Bankers Association has announced its appointment of Michael Briggs as senior vice president and general counsel. Prior to his appointment at the MBA, Briggs was the assistant general counsel for the consumer law section at the Federal Deposit

The HW+ community is supposed to be a place of support and collaboration, so I am going to start with some honesty here. This article started out with this…  And I am really hoping I am not alone! Surprisingly, the

Purchase applications were up 18% compared to the same time last year and up 6% from a week ago. This gives us two back-to-back weeks of positive year-over-year prints for purchase applications in the final weeks of the typical housing market

Independent California brokerage, Ashby & Graff Real Estate, pressed pause on its five-figure Facebook ad budget in January 2019. Recently, Ashby & Graff got rid of its Facebook business page entirely. The brokerage released a statement on Monday in response

The number of mortgages in forbearance declined this week for the first time since the start of the COVID-19 pandemic, Black Knight said in a report on Friday. The number dropped to 4.73 million from 4.76 million in the prior

Realtor.com has promoted its Senior Vice President of Product, Rachel Morley, to chief product officer. With over two decades of experience in the industry, Morley held multiple positions at REA Group, which operates property websites domestically and throughout Asia, including

Many of you have read about the power of the president to invoke the Defense Production Act to acquire products or direct the activities of suppliers based on a finding that it is necessary for the federal government to intrude

A $706 million jury verdict against Amrock in 2018 was tossed out on Wednesday by a Texas appeals court after it ruled the jury considered invalid legal theories. The Fourth Court of Appeals in San Antonio ordered a new trial

The Consumer Financial Protection Bureau and Conference of State Bank Supervisors have issued a joint statement regarding forbearance as it relates to the CARES Act. The three-page statement defines protections for borrowers with federally backed mortgages. Under the terms of

The Federal Housing Administration introduced a temporary policy designed to offer guidance for lenders on how to obtain FHA insurance endorsements on mortgages where the borrower either obtained or requested a COVID-19 forbearance. Current FHA policy prevents mortgages that are

From the frontlines to front porches, the mortgage industry has quickly found ways to support those impacted by the COVID-19 pandemic.  The devastating consequences of the virus reached many parts of the housing industry, and most notably, the ability to

The Federal Housing Finance Agency today issued a final rule for the housing goals of the nation’s network of Federal Home Loan Banks aimed at boosting mortgage lending to low-income neighborhoods. “By creating housing goal targets that are achievable for

Rent payments made on June 1 have dipped in some states, while others have shown positive growth, according to a new survey from LeaseLock. Even though renters haven’t had the time to fully recover from the impact of COVID-19, April

Another 1.9 million people filed jobless claims last week, the lowest level since the COVID-19 pandemic began closing U.S. businesses in mid-March. Last week’s job losses bring the total number of Americans seeking unemployment benefits in the last three months