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Reimagining real estate incentives: beyond ‘GodZillow’ and industry drama
Do real estate incentives still misalign agent and client interests? Uncover solutions for a fairer industry beyond Zillow’s dominance.
Reverse execs eye more private products, urge HUD to modernize HECM program
Reverse mortgage industry executives see a growing role for proprietary products. But they also agree the Home Equity Conversion Mortgage (HECM) and its related mortgage-backed securities (HMBS) programs remain critical pillars of the business.
HUD layoffs hit 442 employees amid government shutdown
HUD lays off 442 employees amid the government shutdown, impacting fair housing and public housing offices.
Figure is increasing the size of its IPO
The company announced it has upsized its IPO from 26,315,789 shares of Class A common stock to 31,500,000 shares of Class A common stock.
Longbridge’s ‘HELOC for Seniors’ is officially on the market
Longbridge Financial has officially launched a home equity line of credit (HELOC) that’s designed for homeowners aged 62 and older, offering approval and funding in as little as five business days.
Rising insurance costs deepen homeownership strain
Data shows that annual property insurance payments for single-family mortgage holders now average nearly $2,370.
Homeownership among Black Americans drops to 4-year low
Results were down roughly 1.5% from this time last year and marked the steepest annual decline since the third quarter of 2021.
Compass taps former antitrust, NAR settlement attorney Ethan Glass as chief legal officer
Glass represented the National Association of Realtors in the Sitzer-Burnett lawsuit, and Compass in its lawsuit against Northwest MLS.
