Industry News
Coming Up:
Government Shutdown’s Role In Housing Slowdown
Nearly half of Americans said they are less likely to make a major purchase like a home due to the ongoing federal government shutdown, a share that has doubled over the past month, rising from 21% in early October to 45% in early November
Stewart Acquires Mortgage Contracting Services
In a $330 million transaction, global real estate services provider adds property preservation specialist to expand its offerings in disaster inspections, maintenance, renovations, and other property-related services
AI Reality Check
AI may be the mortgage industry’s favorite buzzword, but this story reveals why most “smart” systems are all talk — and how truly transactional AI is rewriting the rules for trust, compliance, and performance.
Flooding Forces Many To Flee Miami And Houston
An analysis of domestic migration data shows high-flood-risk counties lost nearly 30,000 more residents than gained last year, driven largely by outflows from Miami and Houston
Council of Federal Home Loan Banks Commends FHFA's Efforts To Strengthen Housing Supply
Ryan Donovan, president and CEO of the Council of Federal Home Loan Banks, has written a letter to the FHFA commenting on the agency's steps taken to streamline regulations and expand the nation's housing supply
Leading with Heart: Authentic Networking with Jen Peachman
LaDonna Lockard sits down with GVC Mortgage’s Jen Peachman to talk authenticity, vulnerability, and the power of real connection in leadership and life.
NCCI Promotes Santos To Client Relations Specialist
Exec advances to new role, responsible for addressing client needs, ensuring customer satisfaction, and identifying opportunities from within for process improvement
First-Time Homebuyer Share Falls To New Low
NAR has found that the share of first-time homebuyers has contracted by 50% since 2007, as affordable inventory continues to run scarce for those just entering the market
NEXA Adds Rana Mortensen As Chief Administrative Officer
New C-suite addition will serve as a connective force tasked with aligning departments, driving accountability, and ensuring company-wide execution on NEXA’s strategic vision
Buyers Are Putting More Money Down
A new National Association of Realtors poll reveals that the average median downpayment for a home was 19%, with first-timers buyers putting down just 10% of the purchase price, and repeat buyers putting down up to 23% of the purchase price