housing wire

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. The competition in the home insurance space continues to heat up. On the same day that insurtech

DIY landlord and renter platform Avail announced Wednesday that it raised $4.2 million in a Series A round of funding, led by St. Louis-based venture capital firm Cultivation Capital. The company said the funding will go toward accelerating its position

Thursday evening, Association of Independent Mortgage Experts Chairman Anthony Casa announced he will be stepping back as the head of the association following backlash from lewd and sexist videos he sent out. In a statement to HousingWire, Casa said he

The House Financial Services Subcommittee on oversight and investigations held a hearing on Thursday examining how servicers provided clarity and information on the CARES Act and forbearance options for borrowers. The discussion, titled “Protecting Homeowners During the Pandemic: Oversight of

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. An increasing number of real estate startups want to offer a fully integrated platform, giving users the

Popular solutions in the real estate industry, while in-person open houses were put on hold due to the COVID-19 pandemic, are 3D home tours, virtual home tours and even FaceTime home tours. In April, realtor.com said that about 25% of

If there is one thing to be learned from the #BlackLivesMatter eruption this year, it is that race and racism remain as an alarming and polarizing social chasm that has never been fully addressed. From the founding fathers who debated

Startup Knock announced Thursday it is getting out of the real estate brokerage business and becoming a lender. This morning, the company unveiled a major shift in strategy with its new Home Swap program, under which Knock serves as the

Single-family housing authorizations in June sunk 10.02% year-over-year – the steepest year-over-year decline in the past five years, according to a report by Buildfax, a property condition data service provider. Month over month, June experienced a 3.77% decline in single-family

The average mortgage rate fell to 2.98% this week, breaking the 3% threshold for the first time, as investors concerned about a resurgence of the COVID-19 pandemic fled to the safety of the bond markets and the Federal Reserve continued

Another 1.3 million people filed jobless claims last week, the lowest reading since the COVID-19 pandemic began slamming the U.S. economy in mid-March, and the overall number of Americans receiving unemployment benefits dipped. Initial claims fell just 10,000 from the

Plaza Home Mortgage announced it is suspending its sponsorship of the Association of Independent Mortgage Experts over “harassment and misogynistic behavior” by Chairman Anthony Casa. Over the July 4 holiday, Casa sent a video to Quicken Loans Vice President Austin Niemiec in

Paramount Residential Mortgage Group issued a statement Monday condemning the lewd video messages produced and distributed by Association of Independent Mortgage Experts Chairman Anthony Casa several weeks ago that resulted in a defamation lawsuit, while defending a response video made

In recent days, both Quicken Loans, the nation’s largest lender, and The National Association of Realtors, the nations’ largest trade organization, have called on the Department of Housing and Urban Development to withdraw its proposed rule to amend the HUD

Wells Fargo, JPMorgan Chase and Citigroup reported their second-quarter earnings on Tuesday, revealing how the banks fared as the COVID-19 pandemic shut down businesses across the country.  While the pandemic and recession are still ongoing, the earnings of the three

Nearly a quarter of Americans said they moved or know someone who moved due to COVID-19. According to a survey from Pew Research Center, 3% of respondents said they moved permanently because of the pandemic, 6% said someone moved into

Caliber Home Loans announced it is suspending all support of the Association of Independent Mortgage Experts after Chairman Anthony Casa sent out videos where he made lewd comments about a Quicken Loans executive’s wife. The company expressed that what was

Optimal Blue is on the market, according to a news report from Barron’s. The publication reported last night that Optimal Blue’s owner, GTCR, is gearing up to put Plano, Texas-based Optimal Blue up for sale. Barron’s cited unnamed bankers and

Of all the innovations in the mortgage industry over the last 30+ years, few have the potential to be as transformative as electronic promissory notes, or eNotes. As borrowers, lenders and investors embrace a fully digital mortgage process, eNotes represent

Flagstar Bank told HousingWire Monday that it is suspending its relationship with the Association of Independent Mortgage Experts over the lewd and sexist comments made by its chairman, Anthony Casa. “We want to respond to the recent statements highlighted in

[Update: This article has been updated to reflect Caliber Home Loans’ stance.] Wholesale lenders voiced their continued support of the Association of Independent Mortgage Experts despite recent lewd and sexist comments made by AIME Chairman Anthony Casa. Over the July

The coronavirus pandemic has had a tremendous impact on our lives in one way or another. When it comes to housing, one survey has found that the top reason for moving over the second quarter was a need for more space.

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here. While leads flow from various sources

The Federal Housing Administration announced on Wednesday an expanded menu of its loss mitigation options in succession with the U.S Department of Housing and Urban Development’s eviction prevention and stability toolkit in an effort to help homeowners avoid foreclosure. The