HWmember – Page 181 – Cantilever Real Estate

Anthony Hsieh returns to loanDepot as Frank Martell departs

March 6, 2025 by bp56691

In an announcement made Thursday, loanDepot said Hsieh, the company’s executive chairman, has returned as executive chairman of mortgage operations. Martell will step down from his current posts as of June 4 and transition to a board advisory role.

Report suggests key HECM field office at HUD could be shut down

March 5, 2025 by bp56691

Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.

This aging-in-place program flies under the radar, but it could lower senior care costs

March 5, 2025 by bp56691

There’s a national aging-in-place program to help people remain in their homes, but broadening access means navigating federal reimbursements.

Loan officers are seeing an uptick in FHA, VA demand

March 5, 2025 by bp56691

Loan officers are seeing increase demand for government mortgages, and if rates go lower, there could be a wave of refinances to follow.

Investor home purchases are sinking, and it’s most evident in Florida

March 5, 2025 by bp56691

Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.

Trump grants one-month pause on automobile tariffs, but building material duties remain

March 5, 2025 by bp56691

The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation with “the big three autodealers.” It’s unclear if the pause comes with concessions from Canada and Mexico.

Keller Williams might spark a trend of brokerages to tap private equity

March 4, 2025 by bp56691

It’s fair to ask if Stone Point Capital’s investment in Keller Williams is the first of other private equity infusions in real estate brokerages.

Is Alabama’s buyer representation bill a legal protection or liability?

March 4, 2025 by bp56691

Alabama Realtors are backing a law to change the timing of buyer agreements after the DOJ’s statement of interest in the Sitzer/Burnett suit.

New executive leaders at FOA to focus on ‘modernizing’ tech, customer experience

March 4, 2025 by bp56691

FOA has added new chief customer and technology officer roles to its rankings as it seeks to modernize its technology.

Floify launches tool to streamline mortgage applications, support compliance

March 4, 2025 by bp56691

Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. The no-code tool aims to simplify the application process for borrowers while ensuring regulatory compliance and expediting approvals.