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HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

May 16, 2025 by bp56691
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
Categories Disaster Relief, Government Lending, Housing Market, HUD, Hurricane, HWmember, Natural Disaster, North Carolina, Politics

Reverse mortgage LOs share appraisal challenges at NRMLA event

May 16, 2025 by bp56691
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Categories Appraisals, HECM, HWmember, NRMLA, Reverse

Social Security sees ‘dramatic’ spike of 276,000 applications

May 16, 2025 by bp56691
The increase in applicants was partially attributed to economic anxiety from volatile markets and uncertainty about the program’s longevity.
Categories HWmember, New York Times, Retirement, Reverse, Social Security, Social Security Administration, Urban Institute

Lone Wolf’s LionDesk CRM platform to be discontinued

May 16, 2025 by bp56691
LionDesk will remain operational through September, giving users time to migrate to Lone Wolf’s new CRM known as Relationships.
Categories CRM, HWmember, Lone Wolf Technologies, Real Estate, Realtor, Technology

CFPB seeks rescission of pandemic-era mortgage servicing rule

May 16, 2025 by bp56691
The CFPB says the rule it’s seeking to rescind is no longer necessary due to the end of the COVID-19 national emergency.
Categories CFPB, Compliance, HWmember, Mortgage, Mortgage Servicing, Real Estate Settlement Procedures Act, Regulatory, Servicing

Longbridge wins partial preliminary injunction against Mutual of Omaha

May 15, 2025 by bp56691
A judge has weighed in on the dispute between two of the largest reverse mortgage lenders, ruling that some claims warranted relief.
Categories HECM, HWmember, Lawsuit, Legal, Longbridge Financial, Marketing, Mutual of Omaha Mortgage, Reverse

What do you call an iBuyer that isn’t iBuying houses?

May 15, 2025 by bp56691
What do you call an iBuyer that isn’t iBuying houses?
Opendoor and Offerpad are buying significantly fewer homes than they have in the past and their futures are in doubt.
Categories Housing Inventory, HWmember, iBuying, OfferPad, Opendoor, Real Estate

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers

May 15, 2025 by bp56691
The introductions of LEO and MIA come on the heels of UWM’s stated goal to double its origination volume to $280 billion over the next three years.
Categories Artificial Intelligence, HWmember, LendingLife, Mortgage, Mortgage Broker, Origination, Technology, United Wholesale Mortgage, Wholesale Lending

eXp Realty launches UPGRADE community with new hire

May 15, 2025 by bp56691
Led by Vija Williams, UPGRADE will focus on areas such as personal development, health, business, leadership, investing and lifestyle.
Categories Brokerage, Continuing Education, eXp Realty, HWmember, Real Estate, Real Estate Agents, Seattle

FOA president talks business progress amid strong Q1 earnings

May 14, 2025 by bp56691
FOA president talks business progress amid strong Q1 earnings
FOA President Kristen Sieffert highlighted some of the company’s business progress in Q1, new marketing moves and an executive promotion.
Categories Earnings, Finance of America, Finance of America Reverse, HWmember, Marketing, Reverse
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