With interest rates trending downward and refinances picking up, the industry is preparing for an upswing. This shift is welcomed good news given the tough origination market over the last two years.... Read more »
Two of the top five lenders in the reverse mortgage industry are now engaged in a legal skirmish over marketing practices that one lender calls deceptive. Longbridge Financial, a top five reverse... Read more »
The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients... Read more »
Slightly more than half of Americans say that weather events are becoming an increasing risk factor for their homes, while nearly one in five report difficulties in accessing homeowners insurance. This is... Read more »
Mauricio’s Umansky’s The Agency is getting into the mortgage business. The brokerage has entered into a joint venture with Barrett Financial Group to offer what the companies believe will be a wide... Read more »
Compass has announced yet another addition to its team in Texas. Adrian Jacobs, a luxury agent who has sold more than $29 million in volume over the past year, has rejoined Compass’s... Read more »
California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by a revolving warehouse line of credit and secured by mortgages. loanDepot said this is the 10th... Read more »
A famed architect to the stars designed it. A renowned Hollywood producer occupied it. A relative of a reviled international terrorist abandoned it. And now a Mediterranean villa on a hillside in... Read more »
Mike Spiering holds Francesca Spiering as he stands in the flood water around his home after record rains fell in the area on April 13, 2023 in Hollywood, Florida. Joe Raedle |... Read more »