Democratic senator open to working with HUD on federal land for housing

One Democratic senator is reaching across the aisle on a key housing agenda item for the Trump administration: developing housing on federal land. Semafor reported that Arizona Sen. Ruben Gallego, who sits on the powerful Senate Banking Committee, submitted a letter to both HUD Secretary Scott Turner and U.S. Department of the Interior (DOI) Secretary Doug Burgum in an effort to find common ground on...

U.S. New Home Sales Uptick in March

The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers. According to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly constructed...

PHH’s Liberty Reverse Mortgage relaunches EquityIQ proprietary product

A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group. EquityIQ, the proprietary reverse mortgage product from Onity subsidiary PHH Mortgage Corp.’s reverse mortgage brand Liberty Reverse Mortgage, is now available through the company’s wholesale lending...

Congressman touts bipartisan long-term care bill at DC event

A bill that would establish a long-term care (LTC) insurance plan at the federal level has been reintroduced in the House of Representatives. Its chief sponsor has received bipartisan support and is hitting the road to communicate its potential benefits to constituents. Last month, Rep. Tom Suozzi (D-N.Y.) reintroduced the Well-Being Insurance for Seniors to be at Home (WISH) Act, which would amend...

13 ways to compete with cash offers & win a deal for your clients

With low inventory in many parts of the country, we’re still seeing multiple offer situations frequently. While that’s great news for sellers, it can be tough for buyers, especially the average buyer who’s financing their purchase. How can they compete with an all-cash offer? Does a cash offer always win? The answer is no. Your financed buyers still have a chance! You just have to use the right...

New Jersey AG hits RealPage and 10 landlords with antitrust suit

The legal woes for RealPage keep piling up. The property management software company was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin, who alleges that RealPage conspired with 10 landlords to artificially inflate rent for “tens of thousands of New Jerseyans.” The complaint — which contains heavy redactions — charges RealPage and the...

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