• Despite financial insecurities, retirement may be easier than you think: Forbes

    Despite financial insecurities, retirement may be easier than you think: Forbes,Neil Pierson

    An article written by an Atlanta-based certified financial planner and published Tuesday by Forbes indicates that retirement may not be as difficult as many Americans think.Wes Moss, who hosts the “Retire Sooner” podcast and has 20-plus years of experience as an investment adviser, offered advice th

    Read More
  • 70% of agents oppose NAR settlement: Clever Real Estate

    70% of agents oppose NAR settlement: Clever Real Estate,Brooklee Han

    There is a large gap between how the American public feels about the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement and how real estate professionals feel about them. According to a survey published by Clever Real Estate

    Read More
  • Under stress, loanDepot ‘buys time’ with plan to extend $500M debt

    Under stress, loanDepot ‘buys time’ with plan to extend $500M debt,Flávia Furlan Nunes

    California-based loanDepot plans to extend its $497.8 million in senior notes due in the fourth quarter of 2025 at a lower maturity and a higher interest rate. The transaction reflects a business under stress but brings temporary relief to the company’s financials, analysts told HousingWire. loanDep

    Read More
  • Reverse mortgage consumer complaints decline on a yearly basis: CFPB

    Reverse mortgage consumer complaints decline on a yearly basis: CFPB,Chris Clow

    There were a total of 131 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) between Jan. 1 and June 10 of this year that were related to the reverse mortgage industry, according to a database maintained by the bureau. This was 52 fewer complaints compared to the same p

    Read More
  • MLS PIN urges Nosalek judge to approve settlement agreement

    MLS PIN urges Nosalek judge to approve settlement agreement,Brooklee Han

    In a legal brief filed on Monday, MLS Property Information Network (MLS PIN) made it clear that it does not agree with the Department of Justice‘s position on the banning of cooperative compensation, as outlined in the DOJ’s statement of interest in the Nosalek commission lawsuit.The DOJ became invo

    Read More
  • Optimal Blue’s new CEO Joe Tyrrell on moving technology’s finish line

    Optimal Blue’s new CEO Joe Tyrrell on moving technology’s finish line,Sarah Wheeler

    Optimal Blue announced yesterday that industry veteran Joe Tyrrell would be taking the CEO role at the company. Tyrrell was a long-time executive at Ellie Mae before it was acquired by Intercontinental Exchange (ICE) in 2020. He served as president of ICE Mortgage Technology for three years before l

    Read More
  • Rithm Capital closes deal with Great Ajax

    Rithm Capital closes deal with Great Ajax,Flávia Furlan Nunes

    Rithm Capital, the parent company of multichannel lender Newrez, announced on Tuesday that it has closed a transaction with Great Ajax Corp., which resulted in the purchase of 2.9 million shares of its peer’s common stock.Rithm, a New York-based real estate investment trust, has invested in becoming

    Read More
  • NAR addresses steering in latest settlement agreement update

    NAR addresses steering in latest settlement agreement update,Brooklee Han

    The National Association of Realtors addressed concerns of agent steering in its latest update to its commission lawsuit settlement FAQs. The topic of steering — when a buyer’s agent or broker prevents buyers from seeing homes that offer commissions lower than is typical for a market or discourages

    Read More
  • Real estate broker Oren Alexander and brother accused of rape in New York

    Real estate broker Oren Alexander and brother accused of rape in New York,Brooklee Han

    Oren Alexander, a top real estate broker and co-founder of the Side-brokered firm Official Partners, along with his twin brother, Alon Alexander, have been accused of raping at least two women in New York. The two lawsuits were filed in March 2024 and were first reported by The Real Deal.The lawsuit

    Read More
  • Liberty Reverse parent completes rebrand to Onity Group

    Liberty Reverse parent completes rebrand to Onity Group,Chris Clow

    The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker sym

    Read More
  • Dunmor adds to its business-purpose lending team

    Dunmor adds to its business-purpose lending team,Neil Pierson

    Los Angeles-based Dunmor, a technology-enabled lender that specializes in loans for residential real estate investors, has added a pair of experienced executives in the business-purpose lending space.The company announced Monday that it hired Tuam Pham as chief marketing officer and Steve Huff as se

    Read More
  • D.C., Chicago are top YIMBY cities for housing development

    D.C., Chicago are top YIMBY cities for housing development,Neil Pierson

    San Francisco-based Pacaso, a tech-centric real estate marketplace, released a report Monday unveiling the top U.S. metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“The report delves into the “Yes in My Backyard“ (YIMBY) movement, which invol

    Read More
  • Boomers, millennials locked in ‘showdown’ over housing: Fortune

    Boomers, millennials locked in ‘showdown’ over housing: Fortune,Chris Clow

    As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination

    Read More
  • Homeownership costs jumped 26% since start of pandemic: Bankrate

    Homeownership costs jumped 26% since start of pandemic: Bankrate,Flávia Furlan Nunes

    The average cost of homeownership has increased by 26% over the past four years to more than $18,000 annually, according to Bankrate’s newly released Hidden Costs of Homeownership study. The increase reflects rising home prices, which went up 40% since the beginning of the COVID-19 pandemic, mainly

    Read More
  • Top Bay Area agent joins Coldwell Banker Realty

    Top Bay Area agent joins Coldwell Banker Realty,Brooklee Han

    Coldwell Banker Realty is adding another top-producing agent to its roster. The firm announced Monday that it has welcomed Vicky Yu to its Redwood City-San Carlos office in Northern California.Yu was most recently affiliated with Compass, operating out of its Burlingame office.”Vicky is a highly reg

    Read More
  • Two parties appeal final approval of RE/MAX, Keller Williams and Anywhere settlement agreements

    Two parties appeal final approval of RE/MAX, Keller Williams and Anywhere settlement agreements,Brooklee Han

    The path forward for the settlement agreements reached by Anywhere, RE/MAX and Keller Williams with the home seller plaintiffs in the commission lawsuits has become a bit murkier.Last week, two parties filed appeals with the Eighth Circuit Court of Appeals that seek to overturn Judge Stephen R. Boug

    Read More
  • Mortgage veteran Joe Tyrrell named CEO of Optimal Blue

    Mortgage veteran Joe Tyrrell named CEO of Optimal Blue,Sarah Wheeler

    Mortgage veteran Joe Tyrrell will succeed Scott Smith as CEO of Optimal Blue, the company announced Monday. Tyrrell has more than 25 years of experience in mortgage, finance and technology, serving as president of ICE Mortgage Technology for three years after ICE bought Ellie Mae in 2020. For the pa

    Read More
  • How much longer will we have to deal with higher mortgage rates?

    How much longer will we have to deal with higher mortgage rates?,Logan Mohtashami

    Given last week’s surprising jobs report, how much longer will we have to deal with higher mortgage rates? The labor data will be the key to answering that question. It’s essential to track the labor data along with inflation because the key to getting lower mortgage rates for longer lies with the l

    Read More
  • How to get listings in real estate: 11 proven strategies for 2024

    How to get listings in real estate: 11 proven strategies for 2024,Ashley Harwood

    Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a

    Read More
  • How to Create a Foolproof Real Estate Marketing Plan for 2024 (+Template)

    How to Create a Foolproof Real Estate Marketing Plan for 2024 (+Template),Ashley Harwood

    Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Creating a real estate marketing plan can be harder than it sounds. It’s important to be intentional and choose strategies that give you the highest likeliho

    Read More