Secondary mortgage market waits for data, creates workarounds amid shift to alternative credit scores

Mortgage lenders are rolling out new credit scoring models, but in the secondary market, investors and credit rating agencies are awaiting additional performance data while developing workarounds to keep loans moving through the system. Susan Hosterman, senior director for North America RMBS and covered bonds at Fitch Ratings, said the company can currently rate securitizations that feature the new...

NALHFA: HUD cuts would worsen housing affordability challenges

Affordable housing advocates are warning that proposed reductions to several key U.S. Department of Housing and Urban Development (HUD) programs could make it harder for communities to address persistent affordability challenges and expand housing supply. The National Association of Local Housing Finance Agencies (NALHFA), which represents state and local agencies that finance affordable housing...

What $3.6M gets you just outside Boston: A pool, basketball court, and a mini mansion for guests

Every now and then, a property comes along that feels like somebody made a list of luxury-home wish-list items and simply checked all of them off. Swimming pool? Check. Movie theater? Check. Basketball court? Check. Guest house? Absolutely. And not just any guest house. The detached residence at 7 Freeman Street is so substantial that in many parts of the country, it would qualify as a perfectly...

12 of the best Miami suburbs (that don’t require billionaire money)

Miami gets most of the attention, but step just outside the city and things start to shift in a good way. Streets get quieter, homes get bigger, and the day-to-day starts feeling a little more manageable without losing that South Florida energy. This isn’t a list of ultra-exclusive enclaves with $30M price tags and valet-only everything. Instead, these are suburbs that strike a more realistic...

U.S. Home Prices Post Biggest Drop in a Decade in May

Persistent Inflation, Iran War Concerns Weigh on U.S. Housing Market According to new national data from Realtor.com, U.S. home prices recorded their sharpest year-over-year declines in a decade in May 2026 as persistent inflation continued to weigh on the housing market, even as increased buyer activity and seller pragmatism signaled a gradual rebalancing. The housing sector, like the broader economy,...

Social Security, Medicare solvency could be examined by bipartisan commission

Legislation under consideration in Congress would create a bipartisan commission of experts tasked with developing long-term reform options for Social Security and Medicare. Rather than advancing immediate policy changes, the panel would study the financial outlook for the programs and submit recommendations for lawmakers to consider. The proposed Commission on Sustaining Medicare and Social Security...

Trump’s executive order unlikely to slow adoption of AI in real estate

President Donald Trump on Tuesday signed an executive order calling for creation of a voluntary review framework for the nation’s most advanced artificial intelligence (AI) models before public release. It also directs federal agencies to expand AI-powered cybersecurity programs and establish a new government-industry clearinghouse for software vulnerabilities. “Advanced AI capabilities make...

PulteGroup unveils its first Florida Del Webb Explore community

PulteGroup, ranked as the third-largest homebuilder by sales volume in HousingWire’s Homebuilder Rankings, held a grand opening for its first Florida Del Webb Explore community on May 30. PulteGroup announced the Del Webb Explore brand, a twist on PulteGroup’s popular age-restricted Del Webb communities, in March 2025. Del Webb Explore has similar resort-style amenities, such as sports courts, gyms...

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