Mutual of Omaha hires Tracy Milligan for proprietary product rollout

On the heels of launching a new proprietary reverse mortgage product, Mutual of Omaha Mortgage has announced the hiring of reverse mortgage industry veteran Tracy Milligan to serve as its director of strategic initiatives.Milligan’s reverse mortgage industry experience goes back to the early 2000s,
Read MoreFathom introduces ‘Elevate’ agent program with 20% commission split

Fathom Holdings Inc. has introduced “Elevate,” a new program aimed at increasing real estate agent productivity through marketing, lead generation, transaction support and coaching.The initiative, available to all Fathom Realty agents, includes a 20% commission split and offers services designed to
Read MoreHow a housing nonprofit survives the age of DOGE

Amid economic uncertainty and changing federal ideology, NeighborWorks America remains a crucial force in homeownership education, affordable housing development and financial literacy, supporting thousands of Americans in their journey.“Essentially, we are an intermediary,” said Doug Robinson, head
Read MoreNTREIS appoints Chris Carrillo as CEO

North Texas Real Estate Information Systems, Inc. (NTREIS) has appointed Chris Carrillo as its next CEO, effective June 1. Carrillo, currently CEO of Metro MLS in Milwaukee, brings nearly three decades of experience in the real estate industry to his new position. “Throughout the selection process,
Read MoreMutual of Omaha launches proprietary reverse mortgage product

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage, announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida.The product line, known as SecureEquity, is available to homeowners as young as age
Read MoreFMLS, Lone Wolf Technologies partner on transaction management

First Multiple Listing Service (FMLS) has signed a five-year agreement with Lone Wolf Technologies to provide transaction management tools to its more than 60,000 members, the organizations announced Tuesday.As part of the partnership, FMLS members will have access to Lone Wolf’s transaction managem
Read MoreHomebuyer sues eXp, accusing agent of breaching fiduciary duty

Michael Ammann is back with another lawsuit against eXp Realty and parent company eXp World Holdings. Ammann filed his first suit against eXp in December 2024. He accused the firm — along with executives Glenn Sanford, Leo Pareja, Patrick O’Neill and James Bramble, as well as eXp agent Megan Feather
Read MoreAlt home equity product from RMF alum expands into new states

An alternative home equity-tapping product backed by former executives from a reverse mortgage lender has been rolled out to several additional states, following an earlier move that secured hundreds of millions of dollars in financing.Cornerstone Financing, a venture co-founded by former Reverse Mo
Read MoreMust-see TV: What to know about Trump’s ‘Liberation Day’ tariff show
Donald Trump reportedly wanted his first term as president to be a television show where every day was an episode where he “vanquished his enemies.” If that’s how he views his second term, then April 2 is must-see TV.Wednesday is when Trump says he’ll implement sweeping import tariffs that could imp
Read MoreBaby boomers overtake Millennials in buying the most houses

Baby boomers have overtaken millennials as the largest share of homebuyers, making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). Millennials, who previously led home-buying trends, now account for 29%, down from 38% the previous year
Read MoreSeattle’s housing shortage exposes a familiar gulf between state, local leaders

Large metro areas across the U.S. are seemingly facing the same obstacle — a shortage of housing inventory that is clashing with rising population levels, which serves to push the cost of living beyond reasonable levels of affordability for many. One area that’s representative of this dynamic is Sea
Read MoreBrookfield takes controlling stake in Angel Oak

Canadian investment powerhouse Brookfield Asset Management Ltd. has agreed to buy a majority stake in Angel Oak Companies, the holding company for a non-QM lender and investor that manages more than $18 billion in mortgage assets.Brookfield will take a 50.1% stake in Angel Oak, offering its own inve
Read MoreGibson plaintiffs claim to have proof that Weichert, eXp conducted reverse auctions

The Gibson plaintiffs have been barred from intervening in the Hooper commission lawsuit. But that hasn’t stopped them from further attempts to dissuade Judge Mark H. Cohen from approving the settlements reached by eXp World Holdings and Weichert Realtors. In a filing on Monday, the Gibson plaintiff
Read MoreHUD cuts 90% of its website content, citing low traffic and poor user experience

The U.S. Department of Housing and Urban Development (HUD) this week unveiled a new website, explaining that as much as 90% of the material from the former site has been cut to eliminate redundancies and “streamline” the user experience.“Providing the best and highest quality service to rural, triba
Read MoreFormer executive sues Appraisal Institute, alleging wrongful termination

A former executive with the Appraisal Institute (AI) is suing the trade group, alleging that she was fired after she uncovered and reported that it knowingly reported incorrect exam grades for appraisers seeking a license.Alissa Akins, who served as AI’s director of education and publications, claim
Read MoreFrost-Lindner joins Christie’s International Real Estate in Utah

The Frost-Lindner Team, one of northern Utah’s leading luxury real estate groups, has joined Christie’s International Real Estate in Park City, Utah, the company announced.Led by Jamison Frost and Valen Lindner, the team has closed more than $1 billion in career sales and is known for representing s
Read MoreRentSpree, Docusign announce tech partnership for rental transactions

RentSpree, a rental software provider, has partnered with Docusign to simplify and expedite rental transactions for real estate professionals, the companies announced Monday.The integration will allow agents and brokers to access RentSpree’s rental tools — such as tenant screening, rental applicatio
Read MoreFlorida’s housing affordability crisis is reaching a breaking point
Florida’s long-standing reputation as America’s affordable sunshine paradise is rapidly dimming under the weight of skyrocketing housing costs, unsustainable insurance premiums and crumbling infrastructure, according to a new report from real estate analytics firm Cotality.The study reveals a state
Read MoreReverse mortgage software pioneer Jerry Wagner has died

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software, died in February.Prior to embarking on his forays into the reverse mortgage industry, Wagner served as
Read MoreGibson plaintiffs denied motion to intervene in eXp, Weichert commission settlements

Plaintiffs in a high-profile commission lawsuit have been denied a motion to intervene in eXp World Holdings’ and Weichert Realtors’ settlement in a separate case.Plaintiffs in the combined Gibson/Umpa suit argued that the settlement agreed to by the brokerages in the Hooper suit is a “sweetheart de
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