David Rands, chief financial officer at housing nonprofit Enterprise Community Partners, is taking on an expanded role as the organization’s chief operating officer and chief financial officer. The move was effective May 1.The move comes as Enterprise combines its finance and operations functions fo

Roughly two weeks after HomeServices of America announced that Chris Kelly was taking over as CEO from Gino Blefari, the firm is back with more C-suite changes.On Thursday, the firm announced the appointment of Alex Seavall to chief financial and operations officer, along with the appointment of Can

Florida’s housing markets were as hot as any after the COVID-19 pandemic began, but now they’re among the coldest.Stubbornly high mortgage rates, rapidly rising inventory and macroeconomic headwinds are impacting housing markets all over the country, but Florida is notable for both how far it’s fall

On Tuesday, the National Reverse Mortgage Lenders Association (NRMLA) held its first dedicated reverse mortgage industry event of the year. The association’s Western Regional Meeting in Irvine, California, included an estimated 150 registrants from 75 companies around the country and took place in t

Artificial intelligence has moved from a buzzword to boardroom priority in lending. After years of hype and speculation, we’re finally seeing real transformation in how loans are processed, underwritten, and serviced. What’s most fascinating isn’t just the technology itself but the emerging pattern

The real estate industry and The New York Times have not been on good terms for a while now. Although the mutual disdain began with the Times’ 2023 expose of alleged widespread sexual harassment and a “culture of fear” at the National Association of Realtors (NAR), things really began to heat up wit

You’ve set an appointment with a new potential buyer client – congrats! But, now what? Successful agents send a real estate buyer questionnaire to all buyer leads. This will not only save you time in the future, but it will also position you as a professional. Since you’ll be guiding them through th

Industry debate around off-market listings — or pocket listings — has become increasingly heated. For some agents, these private transactions are tools of exclusivity and strategy. For others, they’re a disservice to sellers and a potential breach of fiduciary duty.Four agents with strong opinions;

Coldwell Banker Realty has launched a national rollout of its Transaction Concierge program, a back-office support system designed to assist real estate agents with administrative tasks during the homebuying process.The program provides Coldwell Banker-affiliated agents with access to in-house emplo

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