Your Daily Digest

In D.C., Mayor Johnston says he’s waiting to see what Trump really does on immigration

January 18, 2025

With the second Trump administration right around the corner, American mayors are wondering how they’ll navigate...

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Mortgage rates fell last week. Can they go lower?

January 18, 2025  |  Logan Mohtashami

Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can k...

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Lawmakers, housing groups react to Scott Turner’s HUD confirmation hearing

January 18, 2025  |  Chris Clow

As the dust settles from the confirmation hearing of Scott Turner to serve as the new secretary of the U.S. Depa...

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Why this former kindergarten teacher is opening a romance bookstore (with a twist)

January 17, 2025

Sydney Ivey thinks romance books get a bad rap.  “I’ve been reading romance since I was young and I loved it, bu...

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Reverse mortgage servicing safeguard might help LA borrowers

January 17, 2025  |  Chris Clow

A notice implemented into the reverse mortgage servicing process that is designed to flag potential foreclosures...

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‘Flash freeze’ possible as Colorado’s Front Range prepares for arctic blast

January 17, 2025

An ocean of cold air pushing south from Canada will plunge Denver into bitterly cold temperatures from Friday ni...

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Mortgage applications for new homes are 9% higher than a year ago

January 17, 2025  |  Kennedy Edgerton

Purchase mortgage applications for new homes rose 8.9% year over year in December 2024, according to a report re...

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Chicago-area contractor sentenced to 17 years in prison over reverse mortgage scam

January 17, 2025  |  Chris Clow

The U.S. Department of Justice (DOJ) announced this week that Mark Steven Diamond, who was accused of “bilking e...

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Compass attracts top Connecticut team

January 17, 2025  |  Brooklee Han

Compass is strengthening its presence in the Nutmeg State. On Friday, the largest brokerage in the country by sa...

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Rising mortgage rates zap builder confidence

January 17, 2025  |  Logan Mohtashami

Today’s housing starts data exceeded estimates; however, a closer examination of the report with the builder con...

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FHA updates loss-mitigation waterfall in new mortgage servicing guidance

January 17, 2025  |  Chris Clow

The Federal Housing Administration (FHA) this week published Mortgagee Letter (ML) 2025-06, which codifies “upda...

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What previous California wildfires can teach us about rebuilding LA

January 17, 2025  |  Jeff Andrews

The wildfires ripping through Los Angeles are on pace to be the most destructive in U.S. history, as one estimat...

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WaFd Bank exits home mortgage lending, says model is ‘unsustainable’

January 17, 2025  |  Neil Pierson

Seattle-based WaFd Bank, which has offered home loans for more than 100 years, announced Thursday in an earning...

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A&D Mortgage acquires Mr. Cooper’s wholesale, correspondent businesses

January 17, 2025  |  Neil Pierson

Florida-based non-QM lender A&D Mortgage announced Friday that it has acquired the wholesale and nondelegated co...

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GSEs delay proposed ‘bi-merge’ credit transition

January 17, 2025  |  Chris Clow

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week that the planned transiti...

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Coldwell Banker expands in New England, adds The Kevin Lewis Group

January 17, 2025  |  Kennedy Edgerton

Leading brokerage Coldwell Banker Realty announced this week a major addition to it’s New England-based offices....

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Housing completions were up in 2024, a bright spot for builders

January 17, 2025  |  Brooklee Han

Looking back at 2024, housing completions appear to be a bright spot for builders. According to data released Fr...

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Supreme Court sides against TikTok, upholds U.S. ban

January 17, 2025  |  Sarah Wolak

The Supreme Court ruled Friday that a controversial ban on TikTok can take effect on Sunday, upholding a law tha...

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RealScout co-founder Andrew Flachner makes a return as president and CEO

January 17, 2025  |  Kennedy Edgerton

San Francisco-based real estate technology company RealScout on Thursday announced that Andrew Flachner will tak...

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MoxiWorks secures additional funding, names new CRO

January 17, 2025  |  Brooklee Han

MoxiWorks is looking to up its game. The real estate technology company will be aided on this journey by additio...

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Southern Nevada real estate outlook: 2025 predictions

January 17, 2025  |  Troy Reierson

As we head into 2025, I’m optimistic about the Southern Nevada real estate market and the opportunities it prese...

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Outsourcing for efficiency: How SitusAMC is enhancing primary market origination with third-party res...

January 17, 2025  |  HW Media Content Studio

In a changing real estate market, mortgage lenders face increasing demand. If high mortgage rates and increased ...

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2025 Housing Market Forecasts

January 17, 2025  |  KCM Crew

Wondering what to expect when you buy or sell a home this year? Here’s what the experts say lies ahead.

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Denver is giving away free radon test kits next week

January 17, 2025

Radon — the radioactive gas that Denver public health officials call a “silent killer.” Inhaling the colorless, ...

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Things to do in Denver, Jan. 17 to 19

January 17, 2025

By Christen Aldridge, Special to Denverite Denver may be facing arctic temperatures this long weekend, but that...

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Biden administration’s parting gift to real estate is a lawsuit against Greystar

January 16, 2025  |  Jeff Andrews

President Joe Biden is mere days away from leaving office, but his administration is taking one more shot at the...

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Foreclosure activity subsided in 2024. Is it a sign of housing market stability?

January 16, 2025  |  Sarah Wolak

Attom‘s year-end 2024 foreclosure report revealed that 322,103 properties in the U.S. had some type of foreclos...

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Longbridge files to remove ads from website in case against Mutual

January 16, 2025  |  Chris Clow

Longbridge Financial, one of the largest reverse mortgage lenders in the country, is currently embroiled in a la...

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Realtor.com: HOA fees are on the rise among all home types

January 16, 2025  |  Kennedy Edgerton

Mortgage and property tax payments are not the only expenses that prospective homeowners need to consider. Homeo...

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Habitat for Humanity sees success with aging in place program

January 16, 2025  |  Chris Clow

A dedicated aging in place (AIP) program offered by the Oswego County Habitat for Humanity (OCHFH) in New York s...

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Trump’s HUD pick will aim to ‘maximize’ HUD budget if confirmed

January 16, 2025  |  Chris Clow

Many housing insiders often characterize the topic of housing as a bipartisan one that is somewhat insulated fro...

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CoreLogic puts property damage from two fires at up to $45B

January 16, 2025  |  Sarah Wolak

CoreLogic today announced preliminary residential and commercial loss estimates for the Eaton and Palisades Fire...

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The Southern housing markets poised to become boomtowns

January 16, 2025  |  Sarah Wolak

Southern housing markets have dominated growth lists over the last few years, and a report by CoreLogic today sh...

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NAR again looks to have Michigan antitrust suit dismissed

January 16, 2025  |  Brooklee Han

The National Association of Realtors (NAR) and several other defendants are making another attempt at having the...

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Mortgage rates fall after remarks by Fed President Waller

January 16, 2025  |  Logan Mohtashami

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%,...

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Trump to nominate Bill Pulte as FHFA director

January 16, 2025  |  Neil Pierson

Bill Pulte, a private equity professional, philanthropist and grandson of the late homebuilding icon William Pu...

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Arctic forecast means some changes for the Marade this year

January 16, 2025

With Monday is slated to be very cold — like, single-digit-if-you’re-lucky cold — organizers of the Marade, Denv...

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Home-price growth is cooling, leading to appraisal challenges

January 16, 2025  |  Neil Pierson

Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap...

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FCC warns of mortgage relief scam impersonating 400 lenders

January 16, 2025  |  Sarah Wolak

The Federal Communications Commission (FCC) this week warned consumers in all 50 states that fraudsters are posi...

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Turn that frown upside down: Homebuilders are optimistic heading into 2025

January 16, 2025  |  Brooklee Han

After a month of no movement, homebuilder confidence is back on its upward trajectory. The National Association ...

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Tough Calls: Lessons from Volcker, inflation, and the Fed’s crossroads

January 16, 2025  |  Mark Milam

“The standard of living of the average American has to decline,” he said. “I don’t think you can escape  that.” ...

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One Homebuying Step You Don’t Want To Skip: Pre-Approval

January 16, 2025  |  KCM Crew

There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval.

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Denver to close $10M-a-year hotel shelter as mayor redraws homelessness strategy

January 16, 2025

The city of Denver will offer fewer hotel rooms for people experiencing homelessness, scaling back a significant...

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NAR names Jarrod Grasso to new industry relations post

January 15, 2025  |  Jeff Andrews

The National Association of Realtors (NAR) announced Wednesday that it has appointed Jarrod Grasso as its senior...

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2nd victim identified in 16th Street Mall stabbing spree

January 15, 2025  |  Paolo Zialcita

The Denver coroner’s office has identified the second person killed in a series of stabbings on the 16th Street ...

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Alexander brothers denied bail on federal sex trafficking charges

January 15, 2025  |  Jeff Andrews

Tal and Oren Alexander are staying in jail. Along with Oren’s twin brother Alon, the two former luxury real esta...

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Mutual of Omaha denies Longbridge allegations, files counterclaim

January 15, 2025  |  Chris Clow

Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home...

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Howard Hanna closes third acquisition in three months

January 15, 2025  |  Brooklee Han

It may be a new year, but Howard Hanna Real Estate Services is picking up right where it left off. On Wednesday,...

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Younger generations are more likely to pursue home renovations this year

January 15, 2025  |  Kennedy Edgerton

As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But ...

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AARP study highlights how tech can help with aging in place

January 15, 2025  |  Chris Clow

Technology has a lot of potential to assist older people with the goal of aging in place. A new study from AARP ...

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First American’s Xander Snyder on LA housing supply after the fires

January 15, 2025  |  Sarah Wolak

What will happen to housing supply in the wake of the fires still burning in the LA area? Firefighters continue ...

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HUD voucher recipient in Indiana will lose benefits after disclosing marijuana use

January 15, 2025  |  Chris Clow

An Elkhart, Indiana, resident who is a beneficiary of U.S. Department of Housing and Urban Development (HUD) as...

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School may be canceled in Aurora amid 3-day internet outage at all campuses

January 15, 2025

Internet access remains out at all Aurora Public Schools campuses and offices for a third day, and the school di...

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FTC seeks feedback on the largest single-family rental investors

January 15, 2025  |  Neil Pierson

The Federal Trade Commission (FTC) on Wednesday issued a request for public comment about the largest owners and...

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RE/MAX hires Chris Lim as EVP and chief growth officer

January 15, 2025  |  Kennedy Edgerton

RE/MAX on Wednesday announced that it has hired Chris Lim as executive vice president and chief growth officer. ...

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After years of Denver drama, Park Hill Golf Course to become a public park this summer

January 15, 2025

Former Denver Mayor Michael Hancock said it couldn’t be done. The developer Westside Investment Partners said it...

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Natural disasters like the LA fires will deepen the U.S. housing crisis

January 15, 2025  |  Neil Pierson

Researchers at the University of Southern California (USC) released an in-depth study this week in which they a...

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Georgia looks to protect residents from title theft with new law

January 15, 2025  |  Brooklee Han

Georgia has upped its defenses against deed fraud and title theft. Gov. Brian Kemp signed a new law, which went ...

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First American Title has a new direct division president

January 15, 2025  |  Brooklee Han

First American Title’s direct division is starting the new year off with a new division president. The big four ...

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Inflation report offers a mixed bag for the housing industry

January 15, 2025  |  Jeff Andrews

Wednesday’s inflation report offers mixed news for those in housing. On one hand, housing markets across the cou...

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Mortgage applications up 33.3% from holiday week

January 15, 2025  |  Sarah Wolak

With an adjustment for the New Year’s holiday, mortgage applications increased 33.3% from one week earlier, acco...

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Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?

January 15, 2025  |  KCM Crew

Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are ...

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This week, the Denver Coliseum is the center of the rodeo world

January 15, 2025

Tyler Ferguson, of Deer Trail, Colorado, was 14 when he lost his front teeth in a rodeo accident. It didn’t stop...

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What to expect in 2025: Securing customer insurance in a volatile real estate market

January 15, 2025  |  Travis Hodges

The year 2025 will be transformative for real estate. Rising personal home insurance rates, fueled by escalating...

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Mayor Mike Johnston vetoes bill to make needle exchange sites easier to open

January 15, 2025  |  Paolo Zialcita

Updated 7:29 p.m. Denver Mayor Mike Johnston has vetoed a bill that would have allowed for more needle exchange ...

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LA mayor issues order to expedite home construction amid wildfires

January 15, 2025  |  Jeff Andrews

Los Angeles Mayor Karen Bass issued an executive order late on Monday that aims to speed up the rebuilding proce...

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Optimal Blue says conforming mortgage share hit record low in December

January 14, 2025  |  Kennedy Edgerton

At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward re...

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The Supreme Court is out, so what’s next for NAR?

January 14, 2025  |  Brooklee Han

When the Supreme Court on Monday denied the National Association of Realtors’ (NAR) petition to hear its appeal ...

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New FHFA final rule seeks to expand liquidity for FHLBank system

January 14, 2025  |  Chris Clow

The Federal Housing Finance Agency (FHFA) on Tuesday announced the publication of a new, final rule in the Feder...

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Cyberbacker CEO arrested for giving marijuana to 8-year-old son

January 14, 2025  |  Jeff Andrews

Move over, Hunter S. Thompson, and make way for Cyberbacker CEO Craig Goodliffe. According to a Fox News affilia...

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Denver’s new district attorney says “community safety” is the first job

January 14, 2025

John Walsh is officially on the job as Denver’s 30th district attorney. He and 330 employees associated with his...

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Here are the top reverse mortgage securities issuers for 2024

January 14, 2025  |  Chris Clow

Home Equity Conversion Mortgage (HECM) volume took a hit in 2024 and the HECM-backed Securities (HMBS) issuance ...

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How to become a real estate broker & launch a brokerage — Advice from a KW mega broker

January 14, 2025  |  Sean Moudry, Meghan Thibault

When I started my first brokerage in my late twenties, I was full of ambition but had no idea what to expect. Wh...

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Texas homeowners lost $2 billion by not contesting their property taxes

January 14, 2025  |  Kennedy Edgerton

Rising mortgage rates and home prices are already a strain on homeowners across the country. On top of that, a n...

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A $20 million EPA grant aims to bring a new ‘resilience and community center’ to Loretto Heights

January 14, 2025

The U.S. Environmental Protection Agency has awarded a $20 million grant to Commún, a nonprofit planning to buil...

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Appraisers have new time adjustment requirements starting Feb. 4

January 14, 2025  |  Brooklee Han

Appraisers are getting more responsibilities. As of Feb. 4, appraisers will be required to submit a report that ...

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Uncertainty surrounds insurance pricing after wildfires

January 14, 2025  |  Sarah Wolak

As wildfires continue to ravage the LA area a week after starting, the impact on insurance premiums and costs to...

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Aging in place is ‘financial necessity’ for many older Americans

January 14, 2025  |  Chris Clow

A survey of more than 1,000 older Americans found that while 76% of all respondents said they plan to age in pla...

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From bartender to $463k GCI in two years of cold calling

January 14, 2025  |  Emile L'Eplattenier, Meghan Thibault

Does experience matter for first-year Realtors? If you dig a little deeper into the backgrounds of the agents on...

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Compass strikes again with leadership changes in the Southeast

January 14, 2025  |  Kennedy Edgerton

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southea...

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Brookfield Properties’ rental division to acquire Divvy Homes in ‘fire sale’

January 14, 2025  |  Kennedy Edgerton

Troubled rent-to-own startup Divvy Homes will be acquired by Maymont Homes, a division of Brookfield Properties ...

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Ahead of Senate hearing, Trump’s HUD pick faces a familiar foe

January 14, 2025  |  Chris Clow

As President-elect Donald Trump’s nominee to serve as secretary for the U.S. Department of Housing and Urban Dev...

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Mortgage rates will remain elevated while the economy runs hot

January 14, 2025  |  Neil Pierson

Mortgage rates continued their ascent this week after Friday’s jobs report showed that employers added more posi...

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The Alexander brothers take three Ls with Side and new FBI videos

January 14, 2025  |  Jeff Andrews

The hits keep coming for the Alexander brothers. In the case brought by Side against Tal and Oren Alexander for ...

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Home-price growth ramped up in Q4, Fannie Mae report shows

January 14, 2025  |  Sarah Wolak

Fannie Mae‘s latest Home Price Index (HPI) shows single-family home prices increased 5.8% from Q4 2023 to Q4 202...

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NAR and Top Agent Network agree to dismiss lawsuit

January 14, 2025  |  Brooklee Han

The on-again-off-again legal battle between Top Agent Network (TAN) and the National Association of Realtors (NA...

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Fresh coat of paint: Rocket unveils the first stage of its rebrand

January 14, 2025  |  Sarah Wolak

Rocket Companies, the parent of Rocket Mortgage, on Tuesday unveiled a refresh to its brand identity in an effor...

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CertifID acquires digital payment platform Paymints.io

January 14, 2025  |  Brooklee Han

Wire fraud protection firm CertifID has acquired digital money transfer firm Paymints.io, according an announcem...

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Lower names former Redfin exec Adam Wiener as its new president

January 14, 2025  |  Sarah Wolak

Digital mortgage lender Lower on Tuesday announced the hiring of Adam Wiener as its new president. Wiener, who p...

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Professional fix-and-flip market poised for growth in 2025

January 14, 2025  |  Justin Land

Improving and selling or refinancing houses for investment purposes has long been the purview of part-time entre...

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The Truth About Credit Scores and Buying a Home

January 14, 2025  |  KCM Crew

Your credit score plays a big role in the homebuying process.

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Most people view homeownership as part of the American dream

January 14, 2025  |  Brooklee Han

For the majority of Americans, homeownership remains an important part of the American dream, according to a stu...

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Denver City Council votes to allow for more needle exchange programs

January 14, 2025

Denver may soon make it easier to open “needle exchange” facilities where people who inject drugs can trade dirt...

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Edge at Lowry, Aurora apartments in Tren de Aragua controversy, could close by February

January 14, 2025

A set of Aurora apartment buildings could be closed by a city order after continuous reports of violence and oth...

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16th Street Mall stabbings: What we know about the suspect in Denver attacks that left two dead, two i...

January 14, 2025

Two people were killed and two people were injured in a series of stabbing attacks allegedly carried out on Denv...

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HUD settles with PHH over alleged mortgage payment fees that violated FHA rules

January 13, 2025  |  Chris Clow

The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it has reached a settlement ...

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Trump’s presidency is forcing some real estate agents to keep their night lights on

January 13, 2025  |  Kennedy Edgerton

The real estate industry went through a lot last year. The word “fear” plagued the minds of many industry profes...

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Wildfire damage with a reverse mortgage? Here’s what to do

January 13, 2025  |  Chris Clow

It’s imperative for reverse mortgage borrowers to contact their insurance carrier if their property has been dam...

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Nine people charged in retaliatory kidnapping case at Aurora apartment complex

January 13, 2025

Nine people suspected in last month’s brutal attack and kidnapping at a northwest Aurora apartment complex have ...

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Over 400K mortgages may be underinsured for flood risk: CFPB

January 13, 2025  |  Brooklee Han

The Consumer Financial Protection Bureau (CFPB) has found that homeowners facing flooding from rivers and creeks...

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