HousingWire Demo Day: Solex® by Docutech

Solex®Solex® delivers an end-to-end digital mortgage closing solution, integrating eDelivery, eSign, eClose, eVault, and more, to streamline transactions, boost efficiency, ensure compliance, and enhance the experience for lenders, borrowers, and settlement agents. Combined with ConformX®, our digit
Read MoreHousingWire Demo Day: Financial Services Cloud + Einstein 1 by Salesforce

Financial Services Cloud + Einstein 1Financial Services Cloud connects and centralizes customer data from core banking, wealth, and loan origination platforms, creating a single, unified view of the customer. This enables personalized engagement using purpose-built automation. This streamlined appro
Read MoreHousingWire Demo Day: Portfolio Intelligence and Monitoring by CoreLogic

Portfolio Intelligence and MonitoringServicing a mortgage portfolio is a daunting challenge with hidden risks, requiring a holistic view and strong understanding of your portfolio.Portfolio Intelligence and Monitoring provides the business intelligence you need to make informed decisions. All transa
Read MoreWhat it’s like originating reverse mortgages in Montana

The state of Montana may not be a key source of business for the reverse mortgage industry, but that doesn’t negate the reality that seniors who reside there might find the product useful for reaching some kind of financial goal. That can be a challenge if they live in an unusual or uniquely constru
Read MoreRadian to lay off employees in Pennsylvania

Mortgage insurer Radian Group plans to lay off 70 employees in Pennsylvania in September, according to a Worker Adjustment and Retraining Notification (WARN) sent to the state’s Department of Labor and Industry.The jobs cut will affect Radian’s corporate headquarters in Delaware County, with the sep
Read MoreHomeSmart International settles the commission lawsuits

HomeSmart International has joined the growing list of brokerages that have settled the commission lawsuits. The firm filed a notice of its nationwide settlement agreement on Tuesday in the consolidated Gibson and Umpa suits. The runner entered into the Gibson suit docket does not include details of
Read MoreHUD awards $325M in grants to rehab distressed housing

In conjunction with President Joe Biden’s announcement of a new housing proposal on Tuesday, the U.S. Department of Housing and Urban Development (HUD) has awarded $325 million to 15 cities and housing authorities as part of the Choice Neighborhoods Implementation Grant program.The sum is roughly in
Read MoreRetirement plans need major changes: NY Times

Even as a federal law designed to protect income for retirees turns 50 this year, the cry to reform retirement benefits seems to be growing louder than ever.This rising chorus includes The New York Times, which recently published an article titled, “The $25 Trillion System of Retirement Savings Need
Read MoreNorth Carolina Regional MLS expands into Georgia

The North Carolina Regional MLS (NCRMLS) has expanded into Georgia. According to an announcement on Monday, the MLS has recently welcomed the strategic additions of Savannah MLS, Athens Area Association of Realtors and Classic MLS, and the Realtors of Greater Augusta into its fold. “Georgia’s partne
Read MoreNearly 1 in 4 sellers cut home prices as inventory grows

Richard Simonelli returns to CoStar after five years away

CoStar Group continues to strengthen its executive team as the “portal wars” heat up. On Thursday, the firm announced the return of former vice president of investor and public relations, Richard Simonelli, after five years away from the firm, along with the promotion of Cyndi Eakin to chief account
Read MoreBiden to propose national rent hike cap of 5%

President Joe Biden will propose on Tuesday a nationwide cap on rent hikes of 5% per year, according to The Washington Post, which cites “three people familiar with the matter.”The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only apply
Read MoreOfficial Partners co-founder Tal Alexander denies rape allegations in court filing

In court documents filed last week, Official Partners co-founder Tal Alexander denied allegations that he participated in the sexual assault of an acquaintance, Angelica Parker, who claims in a lawsuit that Tal and younger brother Alon Alexander raped her while Alon’s twin brother, Oren Alexander, w
Read MoreAs workers enter the retirement ‘red zone,’ they should opt for less investment risk

Just like a football team entering the red zone — the area of the field inside the opponent’s 20-yard line — should be extra cautious to avoid wasting a scoring chance, Americans who are nearing retirement should dial back aggressive investment strategies.That’s the advice of Kevin Wade, a financial
Read MoreHUD accuses Rocket, appraisal companies of discrimination

The U.S. Department of Housing and Urban Development (HUD) announced on Monday that it has charged lender Rocket Mortgage, two appraisal companies and one appraiser with allegedly issuing a biased valuation and denying a refinance loan to a Black homeowner in Denver. The HUD accused appraiser Maksym
Read MoreMark Calabria on housing and GSE conservatorship under Trump 2.0

How would the housing market fare under a potential second Trump administration? Mark Calabria, the former Federal Housing Finance Agency (FHFA) director under Trump, has some ideas. And no surprise — he’d like to be part of that administration if asked.According to Calabria, who currently serves as
Read MoreRMI’s Lunde: Data is important but only shows part of the reverse mortgage picture

Data is a relevant and valuable tool for assessing where a business or an industry is at any given time. But looking deeper than the core numbers is essential, especially when considering the shifting realities and governing rules for an industry as intertwined between public and private interests a
Read MoreWhat happens to the housing market when mortgage rates finally come down?

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in last week, the bond market rallied and m
Read MoreTop New Jersey team joins Compass

In addition to welcoming new agents in Florida and Colorado, Compass announced Monday that Soha Fontaine and her team, Team Soha, are making the move over from RE/MAX.The Hoboken, New Jersey-based team was previously brokered at RE/MAX Select and Fontaine has been with the RE/MAX brand for two-plus
Read MoreMoxiWorks lays off employees a month after naming new CEO

A little over a month after technology startup executive Eric Elfman replaced MoxiWorks founder York Baur as CEO, the real estate technology platform provider appears to be undergoing a round of layoffs. Impacted employees at MoxiWorks took to LinkedIn last week to discuss the layoffs and share thei
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