How agents can thrive in a recession: 7 tips from a KW mega broker

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.At the recent Keller Williams Mega Agent Camp, the shaky economy was a common topic of conversation. Most people used hushed tones and euphemisms to describe

How a D.C.-based reverse mortgage assistance program was revived

At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it had relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020 before being halted at the end of 2021.Tikisha Wilson, director of single-f

CBO reduces the expected lifespan for Social Security

The Congressional Budget Office (CBO) released a new report that estimates the benefit payment schedule of the Social Security program, saying that the Old-Age and Survivors Insurance (OASI) Trust Fund will “decline to zero” in fiscal year 2034 and the Disability Insurance (DI) Trust Fund will do th

FHA proposes updates to partial claim payoff statements

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table, which would align mortgage borrowers and originators in their understanding of how much is owed on a partial claim.Partial claims are designed to offer assistance to mo