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Reverse mortgage educators look to correct the record on credit lines, equity modeling

November 13, 2024 by bp56691
Reverse mortgage educators Dan Hultquist and Jim McMinn take on more HECM program misconceptions among industry professionals.
Categories Counseling, HUD, Internal Revenue Service, NRMLA, Regulatory Compliance, Reverse, San Diego

NAR faces another antitrust accusation over its three-way membership agreement

November 13, 2024 by bp56691
California real estate broker John Diaz has sued NAR and three other organizations over the three-way agreement.
Categories California Association of Realtors, Legal, MLS, national association of realtors, Nykia Wright, Real Estate

Movement Mortgage names Steve Smith president and CFO

November 13, 2024 by bp56691
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
Categories LendingLife, Mortgage, Movement Mortgage, Origination, People Movers

Home Depot Foundation invests $10M to assist veterans with aging in place

November 13, 2024 by bp56691
Home Depot’s philanthropic foundation is investing the money to help older veterans remain in their homes for longer.
Categories Aging in Place, Department of Veterans Affairs, Home Depot, Reverse, Veterans

Rocket’s origination volume jumps 28% in Q3

November 13, 2024 by bp56691
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in Q3 2024.
Categories Annaly Capital Management, Artificial Intelligence, Earnings, LendingLife, Mortgage, Mortgage Servicing, Mortgage servicing rights, Origination, Rocket Mortgage

Bill Pulte to be considered for HUD secretary, report claims

November 12, 2024 by bp56691
A New York Post report claims that philanthropist Bill Pulte is under consideration for the role of HUD secretary.
Categories Donald Trump, HUD, Mortgage, Politics, Regulatory

Veterans have down payment assistance options of up to $117K

November 12, 2024 by bp56691
Down Payment Resource highlighted 49 of the 2,400-plus assistance programs that offer up to $117,000 specifically for veterans.
Categories Department of Veterans Affairs, Down Payment Assistance, Mortgage, Origination, Veterans

MAXEX hires Daniel Wallace as chief operating officer

November 12, 2024 by bp56691
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.
Categories MAXEX, Mortgage, People Movers, Secondary market, Technology

FOA seeks to ‘modernize’ reverse mortgage outreach efforts to seniors

November 12, 2024 by bp56691
FOA President Kristen Sieffert discusses the creation of a new digital innovation team and a new approach to the company’s product marketing.
Categories Earnings, Finance of America, Marketing, Reverse, Technology

States are making ADUs easier to build. Now it’s up to municipalities to follow suit.

November 11, 2024 by bp56691
The national housing shortage, the benefits of increased density, an ongoing shift in consumer tastes toward smaller homes closer to where the urban action is, and other factors have pushed state legislators to make it easier to build accessory dwelling units. 
Categories Contributors, Opinion, Real Estate
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