2026

U.S. New Home Sales Uptick in March

U.S. new home sales rose in March 2026, supported by limited supply in the resale market and a modest easing in mortgage rates, offering a tentative sign of stabilization in housing demand even as affordability pressures persist. Sales of newly built single-family homes increased 7.4% last month to a seasonally adjusted annual rate of 682,000, according to data released jointly by the U.S. Department of...

Reverse Mastermind Summit kicks off with practical advice, choice words

Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by surrounding them with knowledge from industry veterans. The event opened Tuesday with remarks from three leaders behind the event — Loren Riddick of NEXA Lending, Shannon Hicks of HighTechLending and...

Donna Schmidt on leadership, longevity and navigating change in mortgage servicing

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire reached out to Donna Schmidt, President and CEO of DLS Servicing and WaterfallCalc, for her...

Missouri may expand its first-time homebuyer savings tax break

Saving for a first home in Missouri is about to get a significant tax break – with a big if – provided the state Senate’s latest housing bill makes it through the House. Senate Bill 1001 passed the Senate this spring and now sits before a House committee. The bill includes a sweeping upgrade to the state’s existing First-Time Homebuyer Savings Account, replacing annual deduction limits critics...

Compass posts strong Q1 following Anywhere acquisition

Compass, Inc. reported strong first-quarter 2026 financial results Tuesday — reflecting its first full quarter as a combined company following its acquisition of Anywhere in January. Year-over-year comparisons reflect combined results of Compass and Anywhere for 2025, providing a like-for-like comparison with the newly merged company. The firm posted $2.7 billion in revenue for the quarter ended March...

PennyMac Q1 earnings: Strong mortgage production offsets weaker servicing results

PennyMac Financial Services reported first-quarter net income of $82.3 million, or $1.53 per diluted share, as stronger mortgage production helped offset weaker servicing results tied to mortgage servicing rights valuation changes and hedging losses. The Westlake Village, California-based mortgage lender and servicer posted adjusted net income of $117.7 million, or $2.19 per diluted share, for the...

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