Kathleen “Kathy” Martinez, a reverse mortgage industry veteran and account executive who most recently served with Mutual of Omaha Mortgage’s reverse division, died last week in her community in Florida. She was 60 years old.Martinez’s career in the reverse mortgage industry goes back more than two

Movement Mortgage, a top-25 U.S. mortgage lender, is close to resolving a two-year legal battle with rival Summit Funding, its founder and president Todd Scrima, and several former employees who transitioned to the competitor. The case, which involved allegations of employee poaching, misappropriati

Despite an overall reduction in its reverse mortgage servicing portfolio when compared to the prior year, the parent company of one of the nation’s largest reverse mortgage lenders continues to tout the overall performance and profitability of the division in a high mortgage rate environment.Onity G

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk, but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. There is a slate of recently filed suits — as well as those filed in the 1970s and ’80s — that a

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.”Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement I

A former escrow officer at a McAllen, Texas-based title insurance company has been sentenced to two years in federal prison for orchestrating a complex wire fraud scheme that defrauded homebuyers and mortgage lenders of more than $350,000, the U.S. Department of Justice (DOJ) announced.Mayela Saby C

The Secretary of U.S. Department of Housing and Urban Development (HUD) is open to withholding federal funding from major American cities that fail to show progress in dealing with homelessness issues.“That may be a good idea,” Turner told conservative radio show host Ari Hoffman in an interview Wed

The Corporation for National and Community Service, better known as AmeriCorps, was a target of the U.S. DOGE Service earlier this month as most staff have been placed on administrative leave, according to recent reporting by the Associated Press (AP).The move — seen by roughly two dozen states as a

Greystar Real Estate Partners, the nation’s largest residential property management firm, is facing a class action lawsuit alleging it imposed illegal and excessive fees on tenants across California.The lawsuit, filed Tuesday in U.S. District Court for the Southern District of California, accuses Gr

Recent data hasn’t provided much optimism about the direction of the housing market, but one report suggests better conditions are on the way.The March reading of the Pending Home Sales Index (PHSI) from the National Association of Realtors (NAR) clocked in at 76.5, a 6.1% rise compared to February.

Struggling to find a lucrative listings niche in 2025? You’re not alone. Listings (of any kind) seem even more out of reach for newer agents this year. Inventory is rising, sure, but sales are still sluggish. Then there’s the economy. We went from facing mild headwinds for the real estate market to

Since the National Association of Realtors‘ (NAR) commission lawsuit settlement took effect in August 2024, many real estate professionals have been asking, “Will our commissions change?” A new HousingWire survey of select residential real estate professionals offers the most comprehensive look yet

President Trump attacked Federal Reserve Chairman Jerome Powell again at a rally on Tuesday and it made me think about another game plan Trump might have for Powell. Maybe the next stage is creating a shadow Fed president to undercut the Fed Chair.Last week, President Trump said he wouldn’t fire Pow

Homes.com continues to ascend and has become the second-largest residential real estate portal in the U.S., according to CoStar Group CEO Andy Florance, who shared insights during the company’s first-quarter 2025 earnings call on Tuesday.Backed by sharp increases in both traffic and agent participat

On the newest episode of the RealTrending podcast, host Tracey Velt sits down with OB Jacobi, co-president of Windermere Real Estate, to discuss the evolving role of multiple listing services (MLSs) and the ripple effects from recent changes to the National Association of Realtors’ Clear Cooperation

The federal trigger leads bill advanced in the U.S. House of Representatives after being officially noticed during a hearing of the Subcommittee on Financial Institutions on Tuesday.The Homebuyers Privacy Protection Act is expected to be considered during a markup session on May 20 — a process that

In addition to dividing the real estate industry, the debate over the Clear Cooperation Policy (CCP) is highlighting the different desires home sellers may have when it comes to marketing their properties. Unlist and Off-Markt are two firms that utilize different strategies as they look to capitaliz

Kicking off the first 2025 event held by the National Reverse Mortgage Lenders Association (NRMLA) Tuesday morning in Irvine, Calif., the association’s co-chairs offered an update on the industry’s advocacy efforts.Mike Kent and Jim Cory – SVP of corporate development and industry relations at Liber

A recently introduced bill in Texas seeks to eliminate the National Association of Realtors’ (NAR) speech code within the state and to bar any other trade associations from taking similar action.Texas S.B. 2713, introduced by Mayes Middleton (R), explicitly bans any trade association from “denying a

When Chris Czarnecki stepped into the Family Reunion event earlier this year, he knew Keller Williams’ culture was strong. Experiencing it firsthand confirmed what he had hoped for — a deep agent-first mindset that he believes will power the company’s next phase of growth.In his first in-person inte