Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

People Movers

FDIC swears in Hoenig, Norton as directors

The Federal Deposit Insurance Corp. officially added a former Federal Reserve bank president and J.P. Morgan Securities executive to its board of directors this week.

The FDIC swore in Thomas Hoenig, former president of the Federal Reserve Bank of Kansas City, and Jeremiah Norton, former executive director at J.P. Morgan Securities, to its board.

“I welcome Thomas Hoenig and Jeremiah Norton to the FDIC and look forward to working with them,” said FDIC Acting Chairman Martin Gruenberg. “They both are accomplished individuals, and their perspectives and experience will be important additions to the board as the FDIC continues to respond to a number of challenging issues and continues with the rulemaking process.”

Hoenig served as president of the Federal Reserve Bank of Kansas City from 1991 to 2011. 

Prior to serving J.P. Morgan Securities as executive director, Norton served the U.S. Treasury Department as deputy assistant secretary for financial institutions policy. 

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3d rendering of a row of luxury townhouses along a street

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