финансовый год

As HEI regulations expand, states debate loan classification

As states take varying approaches to regulating home equity investment (HEI) products, the industry faces an increasingly fragmented legal landscape shaped by consumer protection concerns and uncertainty over whether the products should be treated as mortgage loans. Under an HEI, homeowners receive upfront cash in exchange for a share of the home’s future value, typically repaying the investment when...

House passes bill hiking VA mortgage refi fees to fund expanded veterans’ benefits

The U.S. House of Representatives on Thursday passed a bill that increases benefits for veterans and their surviving families, offsetting the cost by raising fees on Department of Veterans Affairs (VA) refinance transactions. The legislation — H.R. 6047, also known as the Sharri Briley and Eric Edmundson Veterans Benefits Expansion Act of 2025 — was introduced in November by Rep. Tom Barrett...

Record Memorial Day Travel Surge Collides with Highest Gas Prices Since 2022

A record 45 million Americans are expected to travel over the Memorial Day holiday weekend, underscoring the resilience of consumer leisure spending even as fuel costs climb to their highest seasonal levels in four years. According to projections from the AAA, roughly 39.1 million travelers will drive at least 50 miles from home between May 21 and May 25, setting a new Memorial Day record for automobile...

As retirement costs surge, more homeowners turn to their equity

Americans may need roughly $2.57 million to retire comfortably by 2043, up sharply from the $1.75 million projected for 2033, according to a 2025 Goldman Sachs retirement survey. The increase reflects years of inflation that have driven up the costs of housing, health care and daily expenses. Households headed by someone 65 or older now spend about $122,000 annually, compared with roughly $60,000 in...

The MRED Zillow legal fight just hit agents and sellers directly

Real estate professionals across the Greater Chicagoland area awoke Wednesday to find their listings removed from Zillow, as the fight between the listing portal giant and the local MLS, Midwest Real Estate Data (MRED), which already includes an antitrust lawsuit, escalated.  On Wednesday morning, MRED announced that it was suspending listing data feeds to Zillow and Trulia after the portal...

Rocket Mortgage, Rocket Pro adopt VantageScore 4.0

Rocket Mortgage and Rocket Pro announced Thursday that they have begun using VantageScore 4.0 alongside Classic FICO scores in the mortgage qualification process, a move the company said is aimed at expanding access to home financing. Rocket’s crosstown rival, United Wholesale Mortgage (UWM) began allowing its brokers to access both FICO and VantageScore credit scoring models for conventional...

New brokerage Showings bets on buyer leads over listing commissions

A new real estate brokerage aims to eliminate traditional listing agents and listing fees altogether — a model its founder says could challenge decades-old assumptions about agent compensation. Showings announced it will officially launch May 22 in New York City, Atlanta, Chicago and Orlando. The company describes itself as the first nationwide real estate brokerage built without traditional...

Single-family housing starts fell in April, but multifamily gained momentum

Housing starts increased in April compared with a year ago, but a deeper dive into the data reveals that this uptick was driven by a noisier boost in multifamily development activity, while single-family starts declined.  According to the U.S. Census Bureau’s new residential construction data released on Thursday, housing starts, on a seasonally adjusted basis, ticked up 4.6% year-over-year but fell...

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