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Updated hourly with the latest residential construction headlines from top sources.

Thursday, February 13, 2025

Primary Source: Freddie Mac
Freddie Mac Announces Fourth Quarter and Full-Year Financial Results . Freddie Mac announced fourth quarter and full-year financial results on Thursday .
Freddie Mac (OTCQB: FMCC) today reported its Fourth Quarter and Full-Year 2024 financial results . Freddie Mac filed its Annual Report on Form 10-K with the U.S.
Primary Source: HousingWire
Mortgage quality control report reveals sharp rise in insurance defects . Insurance defects rise in mortgage insurance defects, report finds .
The overall mortgage defect rate declined in Q3 2024, but insurance errors surged . ACES Quality Management: Insurance errors surged in the same period .
Primary Source: HousingWire
Optimal Blue: Mortgage refinance refinances jump despite higher rates . Mortgage refins jump in value despite higher interest rates . Optimal
Loan locks for refinances rose more than 20% year over year while purchase lock counts saw a 6% decrease . Optimal Blue's January 2025 Market Advantage mortgage data report released Thursday .
Primary Source: HousingWire
New California law to boost renters’ credit scores aims to boost their credit scores . The law is aimed at helping renters get credit scores
California's Assembly Bill 2747, set to take effect on April 1, 2025, is on track to transform how renters' credit histories are built . The bill, which Governor Gavin Newsom signed into law last year, is set to

Wednesday, February 12, 2025

Primary Source: HousingWire
Government funding scrutiny could come for reverse mortgage programs . Reverse mortgage programs are under scrutiny from the government .
Reverse mortgage programs have performed well recently, according to HUD reports . But the Trump administration is bringing added scrutiny .
Primary Source: Freddie Mac
Freddie Mac Announces Release Date for Fourth Quarter and Full-Year 2024 Financial Results . Freddie Mac announces release date for fourth quarter and full
Freddie Mac (OTCQB:FMCC) plans to report its Fourth Quarter and Full-Year 2024 financial results before the U.S. financial markets . Freddie Mac will report its fourth quarter and full-year 2024 results before U
Primary Source: HousingWire
Legal experts weigh in on the CFPB and the future of regulation .
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment .
Primary Source: HousingWire
One in 10 ‘gray divorce’ couples finance split with housing wealth . Housing wealth accounts for one in 10 'gray divorce'
More than one in 10 U.K. couples finance their divorces with property, according to new survey data . The reverse mortgage is the equivalent of a reverse mortgage .
Primary Source: HousingWire
RedKey Realty Leaders expand in St. Louis with addition of Circa Properties .
RedKey Realty Leaders is expanding in St. Louis by merging with Circa Properties . The merger will grow the firm's agent count to more than 230 .
Primary Source: HousingWire
Julie Kheyfets on home renovation trends: Demand approaching 2022 levels .
Mike Simonsen speaks with Block Renovation CEO Julie Kheyfets about AI in the home renovation market .
BAD BUDGET: Bad budget for the U.S. bad budget . Bad budget: $1.2 billion for the country
In the first four months of FY25, the budget deficit totaled $838 billion; $306 billion more Y-o-Y . Revenues were $11 billion higher, outlays were $317 billion higher .
Primary Source: HousingWire
Nevada governor urges Legislature to encourage release of federal land for housing .
Nevada's governor wants the Legislature to act to have federal land returned to state control . Democrats have questioned his sincerity, citing a series of housing-related vetoes .
Primary Source: NAHBNow
NAHB's Student Chapter Helped Rising Star Make Career Change . NAHB Student Chapter helped NAHB students make career change . NAH
Keynon Webb switched majors three years into his studies from mechanical engineering to pursue a career in construction . Webb credits Student Chapter Advising for his success .
Primary Source: HousingWire
loanDepot enhances home equity access with two new product options . LoanDepot offers two new products to help you access your home equity
California-based mortgage lender loanDepot announces expansion of its equityFREEDOM portfolio . Nearly 50 million U.S. homeowners will have access to their tappable home equity .
Primary Source: ProBuider
Foreclosure Activity Edges Up as mortgage activity eases up . Foreclosure activity in the U.S. continues to rise .
The start of 2025 saw an uptick in foreclosures . Marking a shift from 2024’s decline in foreclosure activity .
Primary Source: ProBuider
10 Most affordable Metros for Families . 10 Most Affordable Metros . 10 most affordable metros for families . Ten most affordable cities for
Based on numerous factors, these cities offer the best lifestyle for families . These cities are based on many factors, including income, home affordability and more .
Primary Source: ProBuider
Single-Family Homes Drive Rental Rate Growth . Single-family homes drive growth in rental market .
Rental rates continued to rise in January, largely due to the demand for single-family rental homes .
Primary Source: NAHB EyeOnHousing
Inflation Accelerated in January . Inflation accelerates in the first month of the year .
Inflation edged up to a six-month high in January and showed little progress from a year ago . The persistent inflation rate indicates the last mile to the Fed’s 2% target continues to be challenging .
Primary Source: ProBuider
Homebuyers continue to see discounts on home prices . Homeowners continue to get discounts on homes .
As of January, homes sold for nearly 2% less than the listing price . This is the biggest discount seen in the last two years .
Primary Source: NAHBNow
Trump’s 25% Tariffs on Steel and Aluminum Will Drive Up Housing Costs .
25% tariffs on all imported steel and aluminum products will take effect in March . The move is widely expected to raise residential construction costs .
Primary Source: NAHB EyeOnHousing
Weaker Demand for Residential Mortgages Persists . Weaker demand for residential mortgages continues to grow .
Lending standards for residential mortgages were essentially unchanged across most categories . Overall demand for most residential mortgages was weaker according to the Federal Reserve Board .
TARIFF TALK: What do you think about the economy? Share your thoughts with us on iReport.com . Share your
By reducing US demand for imports, tariffs reduce the supply of dollars flowing to foreigners . That reduced supply raises the foreign exchange value of the dollar . While a stronger dollar reduces the value of a dollar .

Tuesday, February 11, 2025

Primary Source: NAHBNow
House passes extension of Beneficial Ownership Reporting Reporting Extension . House passes bill to help identify beneficial owners of property .
The House has approved legislation by a unanimous 408-0 vote that would grant small businesses, formed before Jan. 1, 2024, a one-year extension to comply with the Corporate Transparency Act’s (CTA)
Primary Source: NAHBNow
HBA Commits $50K for a New Workforce Development Center . HBA committed $50,000 for a new Workforce
The investment from the HBA of Greater Kansas City will help expand residential construction career training opportunities .
Primary Source: ProBuider
Mortgage Credit Availability Improves Credit Availability in the United States . Mortgage Credit Credit Availability improves in the U.S.
In January, mortgage loans became more widely available for the first time . Mortgage loans are now available for conventional mortgages .