The U.S. Department of Housing and Urban Development (HUD) last week published a new request for information (RFI) in the Federal Register as it seeks to understand more about the turbulence in the home insurance market stemming from extreme weather, property resiliency, reductions in coverage and the withdrawal of some players from the home insurance…
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Michael S. Barr will step down from his position as vice chair for supervision of the Federal Reserve Board. His resignation is effective Feb. 28, or until a successor is confirmed, the board announced Monday. Barr, who has served as vice chair for supervision since July 19, 2022, submitted his letter of resignation to President…
James Mullis, a plaintiff in the Batton homebuyer commission lawsuit, is joining the growing list of parties that have appealed the final approval of the settlement agreements reached by the National Association of Realtors (NAR) and HomeServices of America. Mullis filed his appeal on Dec. 24 in the Eighth Circuit Court of Appeals. Prior to…
In the newest episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a conversation with Prosperity Home Mortgage CEO Justin Messer. The duo explore Prosperity’s transition from refinances to purchase mortgage originations, the company’s Realtor affiliate model, servicing partnerships and mortgage rate predictions for 2025. This conversation has been edited for…