First American, Stewart Title and Old Republic report for 2Q

Three of the “Big Four” title insurers — First American Financial, Old Republic and Stewart Title — released their second-quarter earnings this week. Fidelity National will release its second-quarter earnings on Aug. 3. First American reported $2.3 billion in total revenue for the second quarter, … Continue readingFirst American, Stewart Title and Old Republic report for 2Q

Borrowers get more options as foreclosure deadline nears

With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments. The Department of Housing and Urban Development (HUD), Department of Agriculture (USDA), and Department of Veterans Affairs (VA) will … Continue readingBorrowers get more options as foreclosure deadline nears

Industry to Congress: G-fees aren’t your “piggybank”

Two dozen industry groups have joined forces to oppose any plan to raise Freddie Mac and Fannie Mae guarantee fees (g-fees) to pay for an infrastructure package. Last weekend, a plan to raise revenue through expanded tax enforcement to pay for the bipartisan infrastructure package … Continue readingIndustry to Congress: G-fees aren’t your “piggybank”

The DOJ vs. NAR: What’s the impact to real estate agents?

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions about his latest coverage on the impact of the DOJ’s decision and how the industry is gearing up to respond. During the Q&A, Blake discussed the ramifications of … Continue readingThe DOJ vs. NAR: What’s the impact to real estate agents?

This is your last chance to nominate a 2021 HousingWire Vanguard

You have to act now! Nominate your Vanguard before midnight tonight, Friday, July 23rd. HousingWire’s 2020 Vanguard Award program recognizes C-level industry professionals and business unit leaders who have become leaders in their respective fields within housing and mortgage finance — those whose leadership is moving markets forward, … Continue readingThis is your last chance to nominate a 2021 HousingWire Vanguard

Crypto firm names Kraninger top lobbyist

As regulatory oversight of cryptocurrency looms, Solidus Labs has appointed former Consumer Financial Protection Bureau director Kathy Kraninger to grease the wheels. Solidus Labs, which creates cryptocurrency market surveillance tools, appointed Kraninger, who led the CFPB from 2018 to 2021, to lead the company’s regulatory … Continue readingCrypto firm names Kraninger top lobbyist

Existing home sales show strength of demographics

The National Association of Realtors reported existing home sales for the month of June were under their estimates slightly. The seasonally adjusted annual rate of 5.86 million achieved in June was a bit better than my expectations, ending four months of declines. If existing home … Continue readingExisting home sales show strength of demographics

2021 Market Leaders: Compass, flat-fee brokers make noise

RealTrends Market Leaders report ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings. When it comes to movers and shakers in the Market Leaders report, it can be boiled down to Compass and flat-fee … Continue reading2021 Market Leaders: Compass, flat-fee brokers make noise

Freddie Mac names Mauricio chief compliance officer

Freddie Mac announced today that Jerry Mauricio, who has served as the entity’s chief compliance officer since January 2021, will transition to the permanent role. He will be a member of the company’s senior operating committee and report directly to Freddie Mac’s CEO, Michael DeVito. … Continue readingFreddie Mac names Mauricio chief compliance officer