State zoning preemption tested as Colorado lot bills fail

After years of pushing housing affordability reforms, Colorado legislators hit a wall — crashing up against the limits of how much zoning control they could strip from local governments. This year, they sought to require most cities to allow single-family homes on lots as small as 2,000 square feet, about a third the size of typical lots in many locales. The bill passed the state’s House but stalled...

Millrose Properties one-year report card, Q1 2026 earnings

A year ago, when Lennar completed the spin-off of Millrose Properties into a standalone, publicly traded REIT, the sheer size, root motivation and the complex nature of the pivot ushered in an era of land-banking unlike any before. Global capital asset managers followed suit. Land-banking and asset-light or land-light business and balance sheet management began to fuse in many people’s minds into a...

Рост продаж новых домов в США в марте

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...

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...

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...

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...

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