How to empower your team to spot cybersecurity risks

When it comes to reducing cybersecurity risks, your team plays a crucial role. To ensure the safety of your digital assets and sensitive information, it’s important to make sure all users are well-informed about cybersecurity and receive periodic training. To reduce risks, we’ll explore why empoweri
Read MoreHUD’s green retrofitting program issues $173M in grants and loans

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced $173.8 million in new grant and loan awards under the Green and Resilient Retrofit Program (GRRP), which brings the level of total funding awarded under it to $544 million, now comprising more than 50% of the full alloc
Read MoreDOL accuses PrimeLending of violating whistleblower provisions

Investigators at the U.S. Department of Labor announced on Wednesday that they found that PrimeLending, a Texas-based retail mortgage bank, violated whistleblower provisions in a case involving two employees who raised consumer fraud concerns. According to the DOL, the company terminated two Califor
Read MoreOpinion: How to win the coming mortgage refi race

One of the most critical moments in any race is the very beginning. A mistake at the start can snatch away a win before the race is even underway. Any coach will tell you that springing into action the moment the shot is fired is a critical success factor for any athlete. A race is a useful analog f
Read MoreMoehrl trial not likely until January 2025

Plaintiffs and defendants in the Moehrl commission lawsuit have waited more than five years for their day in court. Based on the parties’ latest status report, it looks like they will be waiting a bit longer.In a status report filed on Monday, the plaintiffs and the sole remaining defendant in the s
Read MoreAs insurance costs rise, Florida homeowners are given a new option

Florida is reckoning with a severe homeowners insurance crisis. The recent surge in both the frequency and intensity of hurricanes that have battered the state has prompted numerous insurers and reinsurers to exit the market, leaving Florida homeowners grappling with skyrocketing premiums and limite
Read More11 real estate events & conferences to help you thrive in 2024

It’s no secret that forging new connections at in-person events can help to grow your business. Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers and other housing professionals.While your online presence is crucial to your success, each
Read MoreIn quest to grow reverse business, US Mortgage Corporation hires Krajewski

New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending.US Mo
Read MoreNAR wants VA to change rules that prohibit veteran buyers from paying broker commissions

The National Association of Realtors (NAR) urged the U.S. Department of Veteran Affairs (VA) to revise its policies that ban veterans from paying broker commissions, an issue that is gaining attention following the NAR’s landmark $418 million settlement. Earlier this month, the NAR announced the set
Read MoreRenters gain financial edge over homebuyers in key U.S. markets: Realtor.com

As first-time homebuyers contemplate their housing options, the financial calculus between renting and owning is essential. Against the backdrop of elevated mortgage rates and soaring home prices, discerning the evolving financial dynamics between renter-friendly and buyer-friendly markets is also p
Read MoreReverse-centric Ibis Software appoints Sivori to board of directors

Reverse mortgage software and calculator provider Ibis Software announced this week that it appointed Robert Sivori, a reverse mortgage industry veteran, to its board of directors.Sivori’s role became effective March 1, according to an announcement distributed to RMD by company president Jerry Wagne
Read MoreClear Capital extends its partnership with Cherre

Clear Capital, a real estate valuation technology company, has broadened its collaboration with data management platform Cherre, the companies announced on Wednesday.Under the expanded partnership, Cherre’s customers will gain access to ClearAVM, Clear Capital’s automated valuation model (AVM), thro
Read MoreJudge denies HomeServices’ motion to decertify the class in Sitzer/Burnett suit

HomeServices of America, the remaining defendant in the Sitzer/Burnett commission lawsuit, suffered another blow on Tuesday. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct. 2023, denied the HomeServices defendants’ motion to decertify the class.HomeServices of America
Read MoreThe Real Brokerage looks to build on 2023’s explosive growth

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume.In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.8
Read MoreKelly Davids named president of The Appraisal Foundation

The Appraisal Foundation this week named Kelly Davids, former superintendent of the Ohio Division of Real Estate and Professional Licensing, as its new president. The hiring comes after the foundation has faced criticism in recent years for its industry standards, which some say do not go far enough
Read MoreOpinion: Why real estate agents shouldn’t worry about commission changes

Snakes. Vultures. Con artists. Liars. These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too.But even with all the negative nouns used to describe some real estate agents,
Read MoreKeller Williams faces three lawsuits tied to its profit-sharing program

Three agents formerly affiliated with Keller Williams Realty — Jerri L. Moulder, David L. Bueker and Robert E. Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. The lawsuits contest alterations made to Ke
Read MoreIndiana senator seeks information on HECM stability, calls for ‘congressional scrutiny’

The Home Equity Conversion Mortgage (HECM) program faces stability and viability challenges stemming from the 2022 collapse of a major industry lender and its extinguishment from the HECM-backed Securities (HMBS) program, which could warrant congressional scrutiny if these challenges are not properl
Read MoreLongbridge parent completes proprietary reverse mortgage securitization

Ellington Financial, the parent company of reverse mortgage industry lender and servicer Longbridge Financial, announced the successful closing of a new securitization backed by a pool of proprietary reverse mortgages initially originated by Longbridge.The securitization was valued at $208 million a
Read MoreOpinion: How did homeowners get into home equity prison?

Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic. Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity o
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