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Lawyers at major firm sound off on reverse mortgage issues

April 17, 2025 by bp56691
Lawyers at a major firm break down some common litigation and themes they’ve seen in cases involving reverse mortgages.
Categories FHA, HECM, HUD, HWmember, Reverse

Alexander brothers settle breach of contract lawsuit with Side

April 17, 2025 by bp56691
Side and Official Partners settled a breach of contract lawsuit in which Side accused the Alexanders of defaulting on a loan.
Categories Alexander brothers, HWmember, Legal, Official Partners, Real Estate, Side

Zillow’s Follow Up Boss changing API call recording, text access

April 17, 2025 by bp56691
The Zillow-owned CRM announced Thursday that the only companies not impacted by the change were Ylopo, MaverickRE and Shilo.ai.
Categories CRM, HWmember, Real Estate, Technology, Zillow

Credit.org rolls out new reverse mortgage e-learning platform

April 16, 2025 by bp56691
Credit.org rolls out new reverse mortgage e-learning platform
A new online learning platform from a nonprofit counseling agency aims to bolster reverse mortgage understanding among qualified borrowers.
Categories Counseling, Credit.org, HECM, HWmember, Product Guide, Reverse

US home equity has reached $35 trillion. It’s a blessing and a curse

April 16, 2025 by bp56691
Higher levels of home equity increase household wealth, but it also comes with higher property taxes and other hurdles.
Categories Home Equity, HWmember, NRMLA, Reverse, RiskSpan, Wall Street Journal

Class Valuation names Chris Flynn chief data officer

April 16, 2025 by bp56691
In the newly created role, Flynn will oversee the company’s data strategy and use of analytics, AI and automation.
Categories Appraisals, Appraisals and Valuations, HWmember, Real Estate, Technology, Valuation

Top Connecticut agent joins Coldwell Banker Realty

April 16, 2025 by bp56691
Top Connecticut agent joins Coldwell Banker Realty
Michele Isenberg, a top-producing real estate agent in Danbury, Connecticut, is affiliating with Coldwell Banker Realty, the company announced Wednesday.
Categories Agent, Coldwell Banker, Connecticut, HWmember, Luxury Real Estate, Real Estate, Real Estate Agents

CCP war escalates: Pareja says eXp will not use delayed listings

April 16, 2025 by bp56691
eXp CEO Leo Pareja said the brokerage would not use “delayed listings,” which is the tweak to CCP announced in March.
Categories Brokerage, Clear Cooperation, Compass, eXp Realty, HWmember, national association of realtors

BofA, Citi warn of slower growth ahead as mortgage business softens

April 16, 2025 by bp56691
Bank of America and Citi reported lower mortgage production between Q4 2024 and Q1 2025 — and conditions ahead could remain challenging.
Categories Bank of America, Citigroup, Earnings, HWmember, LendingLife, Mortgage, Origination

House introduces bill to reduce mortgage insurance premiums

April 14, 2025 by bp56691
Trade groups like the Mortgage Bankers Association (MBA) may be getting at least some of the relief they’ve been advocating for when it comes to mortgage insurance premiums.
Categories House of Representatives, HWmember, Legislation, Mortgage, Mortgage Bankers Association, Mortgage Insurance
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