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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

Americans are living longer — but they aren’t prepared for retirement impacts

May 14, 2025 by bp56691
Outliving retirement savings could put financial security at risk as American life expectancy grows, the research suggests.
Categories American College of Financial Services, HWmember, Nationwide Retirement Institute, Retirement, Reverse

MBA and NHC express support for housing provisions in GOP tax bill

May 14, 2025 by bp56691
MBA and NHC found much to support in the draft of the GOP tax bill, but they also noted areas for improvement as the debate continues.
Categories Congress, House of Representatives, Housing Market, HWmember, Legislation, Mortgage Bankers Association, National Housing Conference, Tax, Tax Cuts and Jobs Act

Eight startups selected for NAR’s REACH tech program

May 14, 2025 by bp56691
The annual initiative focuses on scaling companies that provide digital solutions for the residential and commercial real estate markets.
Categories Commercial Real Estate, HWmember, national association of realtors, Real Estate, Residential Real Estate, Startups, Technology

Fathom stays optimistic about agent compensation plan even as losses mount

May 13, 2025 by bp56691
Fathom stays optimistic about agent compensation plan even as losses mount
Fathom Holdings Inc. is under pressure to turn its business around, and its CEO thinks its new agent compensation model can do that.
Categories Brokerage, Earnings, Fathom Holdings, HWmember, Real Estate, Real Estate Agents

Why foreclosures are still below pre-pandemic levels

May 13, 2025 by bp56691
Why foreclosures are still below pre-pandemic levels
Foreclosure data showed little stress for many years prior to the onset of COVID-19 and it has continued to perform well since then.
Categories FICO, Foreclosure, Housing Market, HWmember, New listings
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