ASID News Today — August 29, 2026

The real estate industry is navigating a complex landscape of challenges and changes. On one hand, concerns about immigration and enforcement are having a chilling effect on the homebuilding sector, with mounting ICE raids leaving many workers and employers on edge. This uncertainty is likely to have far-reaching implications for the industry, particularly in areas with high concentrations of immigrant labor. Meanwhile, in other parts of the country, agents and brokers are dealing with the aftermath of natural disasters, such as the wildfires in Eastern Washington, where local real estate professionals are working to balance their business with disaster recovery efforts.

In other news, there are significant leadership changes happening in the industry, with ERA Real Estate appointing Frank Malpica as president and South River Mortgage promoting Tyler Plack to CEO. These changes reflect the ongoing evolution of the industry, which is also being shaped by developments in regulatory policy. For example, the FHA is set to introduce new underwriting models in January, while also retaining the Classic FICO scoring system. The Mortgage Bankers Association is pushing back against criticism of FHA underwriting practices, highlighting the need for clear and effective communication about the industry's risk management practices.

Today's signal:
• Mounting ICE raids leave homebuilding’s frontlines frozen in fear (housingwire.com)
• Eastern Washington agents balance business and wildfire disaster recovery (housingwire.com)
• ERA Real Estate names Frank Malpica president (housingwire.com)
• South River Mortgage elevates Tyler Plack to CEO (housingwire.com)
• FHA expected to keep Classic FICO as it adds new models in January (housingwire.com)
• MBA president fires back on claims of poor FHA underwriting (housingwire.com)