True Footage lands $40M Series C as appraisal industry hits ‘critical’ AI phase

True Footage has raised a $40 million Series C round led by Cox Enterprises’ Socium Ventures that will fund expansion of its staff appraiser model and its data and analytics platform for lenders and consumers. True Footage launched in 2021 with a thesis that appraisal quality and turn times could be improved by combining W-2 staff appraisers with standardized data collection and software rather than...

Baby Boomers Tighten Grip on Large Home Ownership

Squeezing Younger Families Out of the Market According to Redfin, baby boomers are retaining a disproportionate share of America's largest homes, deepening a generational imbalance that is constraining mobility for younger families and reshaping the dynamics of the U.S. housing market. Roughly 28% of the nation's three-bedroom-plus homes are owned by baby boomers living in one- or two-adult households,...

Nationwide Mortgage Bankers taps Herrera as president of Hispanic homeownership division

Americasa, a division of Nationwide Mortgage Bankers (NMB), has promoted Yasser Valdes Herrera to president. Since December 2023, he has been based in Miami and has served as vice president of Americasa, a Spanish-language mortgage platform helping the Hispanic community achieve homeownership. “Yasser has such an incredible drive and understands that our business is rooted in the success of those...

HousingWire Mortgage Rankings: How top LOs dominated government lending in 2025

Loan officer Jason Smith, a U.S. Navy veteran who spent five years as an air traffic controller, entered the mortgage business 21 years ago. Reflecting on the similarities between the two careers, he said that he “didn’t have that epiphany until years later that you have to be in control of the situation, be authoritative and be confident.” After deploying these traits in the mortgage space,...

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