HousingWireHousingWire Given the Department of Justice’s ongoing legal battle with the National Association of Realtors (NAR), Sue Yannaccone — the president and CEO of Anywhere Brands and Anywhere Advisors — knows that the legal landscape for real estate in 2025 will continue to be a challenge. But that isn’t what…
Continue reading →HousingWireHousingWire While the mortgage industry debates the future of Fannie Mae and Freddie Mac under the incoming Trump administration, the Congressional Budget Office (CBO) released a study on Friday suggesting that a recapitalization of the government-sponsored enterprises (GSEs) could benefit the U.S. Department of the Treasury in most scenarios.   This…
Continue reading →HousingWireHousingWire A reauthorized version of the Older Americans Act (OAA), originally passed by Congress and signed into law by President Lyndon Johnson in 1965, has passed the Senate and is now making its way to the House of Representatives. This is according to announcements by Senate Health, Education, Labor and…
Continue reading →HousingWireHousingWire Mortgage application and origination activity dropped by roughly one-third from 2022 to 2023 as high interest rates depressed broader industry activity. That’s according to Home Mortgage Disclosure Act (HMDA) data published by the Consumer Financial Protection Bureau (CFPB) in a report released Friday. The decline was sharper for refinances…
Continue reading →HousingWireHousingWire Planet Financial Group, the parent company of Planet Home Lending, completed the issuance of $475 million in senior unsecured notes this week, the latest mortgage company to raise debt in an oversubscribed transaction. The company’s initial target for the offering was $400 million. The notes, which carry a 10.5%…
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