HUD outlines reverse mortgage wish list in budget proposal

The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate, outlining the priorities of the administration in providing a budgetary blueprint for the entirety of the U.S. federal government. Within the congressional justifications for the
Read MorePureWest Christie’s International Real Estate expands into Idaho

PureWest Christie’s International Real Estate, a Montana-based real estate brokerage, is expanding into northern Idaho, the firm announced on Tuesday. The brokerage, which is a longtime affiliate of Christie’s International Real Estate, is the largest independently owned brokerage in Montana. PureWe
Read MoreBiden’s economic adviser addresses administration’s housing priorities

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market. This is ac
Read MoreMortgage market consolidates around largest nonbank firms: Fitch

The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Fitch expects additional consolidation in the industry a
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