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Advocus National Title now providing 1031 exchange services

March 14, 2025 by bp56691
Advocus National Title Insurance Co. has launched a new 1031 exchange service, allowing real estate investors to defer capital gains taxes when selling and reinvesting in like-kind properties.
Categories Commercial Real Estate, HWmember, Real Estate Investing, Title, Title insurance

How a government shutdown could impact reverse mortgages

March 13, 2025 by bp56691
If a government shutdown happens, here are the likely reverse mortgage business impacts based on recent history and HUD’s contingency plan.
Categories FHA, Government Shutdown, HECM, Mortgage, Politics, Reverse

Pre-retirement anxiety is rising, but current retirees are optimistic

March 13, 2025 by bp56691
Pre-retirement anxiety is rising, but current retirees are pleasantly surprised by how their retirements are going, according to survey data.
Categories baby boomer, Fidelity, gen x, Gen Z, HWmember, Millennials, Retirement, Reverse

Compass in negotiations to buy HomeServices of America

March 13, 2025 by bp56691
The news was reported Thursday afternoon by The Wall Street Journal. The outlet cited unnamed sources and said that a deal “could come together soon, if talks don’t hit any last-minute snags.”
Categories Brokerage, Compass, HomeServices of America, HWmember, Mergers and Acquisitions, Real Estate

Supreme Lending looks to expand along the West Coast

March 13, 2025 by bp56691
Mortgage industry veterans Eli Fairfield and Brian Keranen have joined Everett Financial (dba Supreme Lending) as regional directors for the Pacific Southwest, the company announced. Fairfield and Keranen bring decades of experience in mortgage lending, as loan originators and managers in California.
Categories HWmember, Loan Officer, Mortgage

Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty

March 13, 2025 by bp56691
The organization explained that it made the move because it does not expect Congress to appropriate enough federal funding to continue support for the program this year.
Categories Congress, Housing Market, HUD, HWmember, Los Angeles, Politics, Regulatory, Rental Assistance

Finance of America reports Q4 loss, full-year profit for 2024

March 12, 2025 by bp56691
FOA remains bullish about reverse mortgage industry prospects despite some market turbulence, its leaders said this week.
Categories Finance of America, HECM, HMBS, Reverse

Fathom teases new agent revenue-sharing model

March 12, 2025 by bp56691
On Fathom Holdings’ fourth-quarter 2024 earnings call on Wednesday, CEO Marco Fregenal mentioned a new revenue-sharing model that will launch “soon.” The plan is designed to help agents close more business.
Categories Brokerage, Earnings, Fathom Holdings, HWmember, Real Estate, Real Estate Agents

ICE Mortgage Technology debuts asset and audit analysis tools

March 12, 2025 by bp56691
The products, which are fully integrated into the Encompass system, allow mortgage professionals to quickly and accurately streamline lending processes, improve accuracy and support compliance efforts, the company said.
Categories Encompass, HWmember, ICE Mortgage Technology, Mortgage, quality control, Technology

Older Americans are increasingly reliant on credit cards to cover basic living expenses

March 12, 2025 by bp56691
Large shares of older Americans are increasingly reliant on credit cards to cover basic expenses, including for housing, according to AARP.
Categories AARP, Credit, HWmember, Personal Finance, Retirement, Reverse
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