DeSantis stamps changes to reverse mortgage tax requirements in Florida

Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a...

The month in reverse mortgage rates: May 2024

In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note rates” and why most reverse mortgages depend...

Rental properties can help agents build a sphere of influence

Since its launch in 2016, RentSpree has served 1.1 million rental units across the country, according to Lucarelli. Miami-based Realtor Yansey Valdes entered the...

Assumable mortgage platform Roam partners with national lender on down payment assistance

New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers,...

Better taps Chad Smith as new president and COO

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan,...

NAR board votes to leave dues unchanged in 2025

The National Association of Realtors’ (NAR) board of directors voted to leave member dues unchanged in 2025. The vote occurred Thursday during the...

Investment property lender Kiavi closes $300M securitization 

Kiavi, one of the nation’s largest private lenders for residential real estate investors, closed a $300 million unrated securitization of residential transition loans...

Valverde appointed acting president of Ginnie Mae

Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as its acting president as of May 6,...

Realtor.com CEO Damian Eales: CoStar is lying about being the No. 2 portal

The so-called portal wars heated up this week, when Realtor.com CEO Damian Eales made comments about rival CoStar Group’s Homes.com during the MLS...

eXp Realty launches new coaching platform

eXp Realty launched a new coaching platform, eXp Elevate Coaching, the company announced on Thursday. The platform is an extension of eXp’s University...