HouseCanarys Battle for Survival: The Stakes of a Potential $175M+ Verdict
HouseCanary is seeking to recover as much as $175 million from Amrock, now known as Rocket Close, the title division of Rocket Companies, as part of a trade secret theft lawsuit that dates back to 2015. Recent court documents reveal that HouseCanary’s filing for Chapter 11 bankruptcy protection is aimed at preventing an undisclosed lender […]
HouseCanary Enters Chapter 11 Bankruptcy in New Jersey: What It Means for the Real Estate Market
HouseCanary and five of its affiliate companies have sought Chapter 11 bankruptcy protection, as indicated by voluntary petitions submitted on Tuesday to the U.S. Bankruptcy Court in the District of New Jersey. The affiliated companies include HouseCanary Inc., ComeHome Inc., HouseCanary R&D LLC, HouseCanary (CT) Inc., HouseCanary Certified Analytics Inc., and HouseCanary New Jersey Inc.. […]
Why credit unions are missing reverse mortgage demand
Credit unions have significant room to expand their reverse mortgage offerings as their memberships age, according to panelists who presented this week at the American Credit Union Mortgage Association (ACUMA)’s annual Make Your Mark conference in Las Vegas. Ron Kamler, president and CEO of Alliance Reverse Mortgage, and Brandon Bartholomew, mortgage sales manager at Mountain […]
Builders cut prices as new home supply holds at 8.5 months
August’s new home sales rebound came with a catch for homebuilders: It is taking more price, more incentive and more affordability engineering to move buyers from the sidelines. Sales of newly built single-family homes rose 6.4% from July, but remained 2.0% below their year-ago pace, according to U.S. Census Bureau data released Thursday. Year-to-date sales […]
Challenges Ahead: Homebuilders Face Tougher Land Strategy Math in 2027-2029
Two of the most persistent challenges in homebuilding both begin with the letter L. Land. Local approvals. Neither factor is under a homebuilder’s control, yet both increasingly require builders to excel in management to navigate the complex equations of 2027, 2028, and 2029. This need is particularly pressing now. As of July, new-home inventory hit […]
Managing Longevity Risks: Non-Retirees Express Growing Concerns Over Outliving Assets
According to the Schroders 2026 U.S. Retirement Survey, 52% of non-retired Americans express concern about outliving their retirement savings. Despite these worries, 45% intend to claim Social Security benefits before reaching the full retirement age of 67, which applies to those born in 1960 or later, while only 10% plan to wait until age 70 […]
Revolutionizing Real Estate: Hive MLS CEO Proposes New MLS Constitution
At a pivotal juncture for the multiple listing service (MLS), Hive MLS CEO Daniel Jones has put forward a new Declaration of MLS Stewardship Principles—a proposed “MLS constitution” aimed at setting a foundational framework for the role of an MLS, its protections, and its responsibilities as the real estate market continues to evolve. This declaration […]
New Home Sales Steady as Incentives Drive Market Growth
On Thursday, new home sales climbed to an eight-month high, demonstrating resilience in the sales channel that has persisted since the market downturn in 2022. However, when excluding the spike in new home sales during the COVID era, we find ourselves stagnant for a decade. To put this into context, current new home sales are […]
Why default servicing breaks at the handoffs
Default servicing rarely breaks in one dramatic moment. It breaks between the mortgage fund or investor setting strategy, the servicer translating requirements and the law firm executing the work. Missing context becomes a missed milestone. Incomplete documentation becomes an invoice denial. Unclear ownership becomes an aging receivable. By the time the problem surfaces, each party […]
Will mortgage rates rise to 8% or drop to 6%?
Mortgage rates are over 7% again, something very common in the past few years, but 2026 was supposed to be the first year that mortgage spreads were going to shield the housing market from rates getting above 7%. However, as we enter the seventh month of the conflict with Iran, oil prices are at $100, […]