Op-ed calls for stronger means testing, service limitations for Social Security, Medicare
Washington Post outlines a plan to control costs without significant program cuts
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HECM broker endorsements continue tepid pace in May
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
Unlock reaches deal with Minnesota AG after home equity agreements were labeled illegal
Minnesota AG secures nearly $1M in relief; Unlock is no longer offering HEAs there
Florida’s Space Coast housing market enters a new normal
Active inventory is 20.7% from a year ago, but that scarcity has not translated into broad pricing power for sellers
NEXA Lending acquires UMortgage, adds Anthony Casa to exec team
NEXA will add UMortgage’s team of 246 loan officers that originated $2.05B over the past 12 months
What can the government do to lower mortgage rates?
They have levers to pull, but not before some issues get resolved
loanDepot receives NYSE notice over sub-$1 share price
NYSE gives the nonbank lender six months to lift its share price
Real Brokerage wins Canadian court approval for REMAX deal
Companies target Aug. 24 close, DOJ already ended HSR waiting period early.
TWO wins final regulatory approval for CCM deal
TWO shareholders to receive $12 per share in cash plus stub dividend
Fannie Mae reportedly cuts senior executives across business lines
Several officials were notified Wednesday that their positions had been eliminated, WSJ reported