In New York, many seniors aren’t getting vital support services

New York is among the states where older residents are not receiving adequate levels of in-home care and other support services, according to a report published by a local news outlet. The report cited data from the Office of the New York State Comptroller, which found that some 16,000 of the state’s senior residents “continue to languish on waitlists” for services. That’s in spite of the fact...

Mortgage brokers say loanDepot is knocking at their door again

loanDepot appears to be building capabilities in the wholesale mortgage space — a channel it formally exited three years ago. Executives and owners at three mortgage brokerage shops told HousingWire they were recently contacted by loanDepot representatives who introduced themselves as account executives while “re-introducing” the company’s wholesale channel and inviting the brokers to become...

Bill Emerson to retire as president of Rocket Companies

Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC). “After more than three decades at Rocket, Bill Emerson will step down as president at the end of the year,” a Rocket spokesperson told HousingWire. “Bill is a champion of our culture and ISMs, helping shape the values that...

Coldwell Banker’s Jason Waugh on data, skills and seizing market opportunity

On a recent call with HousingWire, Jason Waugh, the president of Coldwell Banker Affiliates, reflected on a milestone at home — his oldest daughter heading off to college. “We’re putting the finishing touches on summer before she leaves,” he says. For Waugh, it was a reminder of transition, which is a theme that also defines today’s housing market. Just as his family prepares for change,...

2.6 Million Homes at Wildfire Risk Across 14 Western States in 2025

Los Angeles Faces $40 Billion Rebuild After January Wildfires as Western Risk Grows The January 7, 2025, Palisades and Eaton wildfires inflicted catastrophic damage on Los Angeles, destroying more than 13,500 properties and triggering an estimated $40 billion in insured losses, according to property data firm Cotality. Nearly nine months later, recovery remains stalled. LA County reports fewer than 50...

NAR faces new antitrust suit over alleged steering

A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents.  Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division, the lawsuit claims that the defendants engaged in a...

Bonus Homes lands in Phoenix, unveils home equity release option

Bonus Homes, a real estate technology and investment firm, announced on Tuesday plans to open its headquarters in the Greater Phoenix area after raising $65.5 million in seed funding. A press release from the company said that the seed funding is from Solyco Capital, Redwood Trust, Nextview Ventures, Operate Ventures and Alpaca VC. With the funding, Bonus Homes said it will “scale its financial...

Ex-GSE risk chief makes case for Fannie-Freddie merger

Clifford Rossi speaks from the vantage point of someone who has been inside the government-sponsored enterprises (GSEs). In different periods during the 1990s and 2000s, he served as a senior financial economist at Fannie Mae and as senior director of single-family risk management at Freddie Mac. Rossi was among the earliest advocates of merging the two mortgage giants, an idea that has gained traction...

First American launches monthly rent automated valuation model

First American Data & Analytics has released an automated valuation model that estimates monthly rent for residential properties nationwide. The product — called Procision Rental AVM — updates daily on roughly 100 million properties, including single-family homes, condominiums and homes in planned-unit developments. It provides rental estimates, value ranges and confidence scores for use by...

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