Real Estate News!

• Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit April 19, 2024
  Ginnie Mae admits only to core facts of the case, denying all allegations, "inferences, arguments, and legal conclusions" in the complaint.
  Chris Clow
• Prices for luxury homes soared in the first quarter  April 19, 2024
  Luxury home prices in the U.S. surged by 8.7% year over year in the first quarter of 2024, with the median price hitting a record $1,225,000.
  Sarah Marx
• Retiring at age 65 is no longer feasible, older investors say April 19, 2024
  Investors in the pre-retirement phase are anxious about making a transition into retirement, according to a survey from Nationwide.
  Chris Clow
• New HUD rule aims to increase lender participation in tribal housing program April 19, 2024
  HUD says the new rule is designed to increase and streamline Native American borrowers' access to homeownership.
  Chris Clow
• Ginnie Mae President Alanna McCargo to resign April 19, 2024
  Alanna McCargo announced her resignation from the top post at Ginnie Mae effective May 3
  Chris Clow
• MBA appoints director of associate membership April 19, 2024
  Alicia Goncalves will serve as the primary point of contact for MBA’s associate members
  Sarah Marx
• Pennsylvania home sales surge in March April 19, 2024
  Even as the spring homebuying season got off to a slow start across much of the U.S., one of the most populous states saw increased activity.
  Neil Pierson
• Ginnie Mae expands its monthly single-family reporting April 19, 2024
  The company seeks to monitor potential delinquencies and reduce financial strain on nonbanks
  Sarah Marx
• Freddie Mac’s proposed home equity product could unlock $850B in originations April 19, 2024
  Bank of America strategists also say that the absence of a robust securitization market could limit the potential of these second-lien loans.
  Flávia Furlan Nunes
• Brian Icenhower on impact of commission lawsuits and low volume April 19, 2024
  HousingWire reached out to 2023 Marketing Leader Brian Icenhower to learn more about how he started Icenhower Coaching and Consulting and what he sees as the greatest need in the industry in today's market.
  Lesley Collins