Bills proposing changes to Fannie Mae and Freddie Mac's charters have been introduced in both the Senate and the House.
Loan originators can no longer rely on move-up buyers. As mortgage rates approach 8%, they are pivoting to first-time homebuyers with FHA, VA loans and down payment assistance programs.
California-based Splitero launched its own real estate brokerage, Splitero Homes, this week. It will primarily serve the company's home equity investment clients.
The loss of insurance carriers in high-risk areas leaves homeowners turning to "last-resort" options available in their states.