HUD cancels HECM-related tech contract under direction of DOGE
A technology tool designed for use by reverse mortgage counselors is no longer available after its contract was canceled.
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Brad Clayton, Steve Murray launch FIJI MarketPlace for brokerage valuations
Brad Clayton of ClaytonWolf and Steve Murray of RTC Consulting have teamed up to launch FIJI MarketPlace. The industry veterans describe it as an AI-driven platform for real estate team and brokerage valuations and sales.
Lower mortgage rates driving early spring home sales
We’ve seen positive year-over-year growth with most of the weekly data in 2025, despite mortgage rates not being at 6%.
Alabama law: Buyers don’t have to sign contract before home tours
The bill was backed by Alabama Realtors
NAR’s existing-home sales forecast for 2025 gets a haircut
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.
Banning property taxes in Florida gains traction among lawmakers
A proposal floated by the governor last month is getting attention, but some are concerned about its potential impact on government services.
Onity leaders talk reverse channel profitability, tease proprietary product development
Onity Group executives tout the profitability of their reverse mortgage business and tease the development of a new private-label offering.
Fidelity National Financial chairman faces opposition at investment firm
Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management.
Top execs at Freddie Mac, FHFA fired: report
The top executives at Freddie Mac, along with a top HR official at the FHFA, were fired today, according to a report on SEMAFOR.
FOA appoints new board members, including former US senator
The two new board members are expected to assist the reverse mortgage lender’s efforts in marketing and legislative affairs.