HousingWireHousingWire Since President’s Trump Liberation Day on May 2, mortgage rates, the 10-year yield and mortgage spreads have been on a wild ride. It’s been so wild that the low end of my 2025 10-year yield forecast range of 4.70-3.80% for 2025 was almost officially met. However, last week, mortgage…
Continue reading →HousingWireHousingWire The other shoe has finally dropped. After weeks of back and forth online, Compass filed an federal antitrust lawsuit in U.S. District Court in Seattle against Northwest MLS (NWMLS) over NWMLS’s Clear Cooperation Policy (CCP) on Friday. NWMLS is a broker-owned MLS, rather than owned by the Realtor association,…
Continue reading →HousingWireHousingWire The environmental, social, and governance (ESG) team at Fannie Mae has reportedly been dismissed in its entirety, according to multiple sources who spoke with HousingWire. Laurel Davis, who served as a senior vice president and head of the company’s mission and impact, was reportedly included in the cuts, alongside…
Continue reading →HousingWireHousingWire Reverse mortgage professionals are preparing to travel to Irvine, California, for the industry’s first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA). The association’s Western Regional Meeting is a one-day affair on Tuesday, April 29, that will aim to offer attendees a closer look…
Continue reading →HousingWireHousingWire Nonprofit housing organization Enterprise Community Partners announced that the U.S. Department of Housing and Urban Development (HUD) has reversed a decision to terminate nearly $10 million in technical assistance funding, reinstating two key federal agreements tied to affordable housing efforts. The restored Community Compass and Distressed Cities agreements allow…
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