Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles
The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case...
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...
