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Century 21 expands in Massachusetts through acquisition

December 6, 2024 by bp56691
Anywhere brand Century 21 is growing its presence in Massachusetts. On Thursday, the Century 21 Custom Home Realty affiliate announced its acquisition of Mansfield, Massachusetts-based Monarch Realty Group.
Categories Anywhere, Brokerage, Century 21, Massachusetts, Mergers and Acquisitions, Real Estate

Reverse pro turned customer shares insights gained from the other side of the table

December 6, 2024 by bp56691
Reverse pro turned customer shares insights gained from the other side of the table
Tim Nelson of VIP Mortgage goes into specific aspects of making the transition and the potential use cases for the loan as part of his retirement plan.
Categories HECM, Retirement, Reverse, VIP Mortgage

Mortgage rates fall on jobs week data

December 6, 2024 by bp56691
Mortgage rates fall on jobs week data
After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, Jobs Report, Mortgage Rates, Unemployment

Masiello plaintiff, Realty ONE Group seek to dismiss the brokerage from commission lawsuit

December 6, 2024 by bp56691
In their joint motion, the parties cite Realty ONE Group’s approved settlement in the Gibson suit as the reason for seeking dismissal.
Categories Arizona, Brokerage, Commission Lawsuit, Legal, Phoenix, Real Estate, Realty ONE Group

NYC council approves sweeping plan that includes 82,000 homes

December 6, 2024 by bp56691
The “City of Yes” plans calls for the construction of 82,000 new homes over the next 15 years to address the Big Apple’s housing crisis.
Categories Homelessness, Housing Market, Multifamily, Multifamily Housing, New York, New York City, New York Times, Regulatory

Referrals are out, online searches are in: What agents need to know

December 5, 2024 by bp56691
Referrals are out, online searches are in: What agents need to know
Explore why referrals are losing ground, what today’s clients expect, and the steps you can take to stay ahead in a digital-first industry.
Categories Real Estate Agent Essentials, Vetted by HousingWire

HECM line of credit option continues to dominate with 93% share

December 5, 2024 by bp56691
The HECM line of credit is the most-used payment option for most of the past decade, a trend that continued in FY 2024.
Categories FHA, HECM, HUD, Retirement, Reverse

Mr. Cooper’s Jay Bray explores servicing book growth, tech enhancements for 2025

December 5, 2024 by bp56691
In this episode of the PowerHouse podcast, Mr. Cooper CEO Jay Bray dives into the company’s recent acquisitions, servicing and growth.
Categories Flagstar Bank, Mergers and Acquisitions, Mortgage, Mortgage Servicing, Mortgage servicing rights, Mr. Cooper, Origination, Podcast, Podcasts, Servicing

AI used for housing decisions draws bipartisan support, oversight

December 5, 2024 by bp56691
Even in a divided Congress, there is bipartisan support for learning more about how gen AI is being used in housing decisions.
Categories Artificial Intelligence, Congress, Housing Market, Regulatory Compliance, Technology

Johns Hopkins: Long-term care must be expanded to support aging in place

December 5, 2024 by bp56691
A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.
Categories Aging in Place, Long-term care, Retirement, Reverse
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