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Reverse mortgage endorsements tick up ahead of government shutdown 

Home Equity Conversion Mortgage (HECM) endorsements rose in September compared to the prior month, while activity in the secondary market slightly slowed during the same period.

Mortgage Research Center launches First Residential Independent Mortgage 

First Residential Independent Mortgage is launching as the Paddio brand retires, with all Paddio employees moving to the new company.

Judge narrows class-action lawsuit against UWM, dismisses RICO claims 

A federal judge has sharply narrowed the scope of a class-action lawsuit filed in April 2024 that alleged United Wholesale Mortgage orchestrated a scheme with mortgage brokers to charge borrowers excess fees and costs.

Future unveils Alpha, an in-house AI mortgage system 

Future Mortgage is currently beta testing Alpha in-house and plans to roll it out to all brokers in the first quarter of 2026.

NEXA Mortgage hires Eric Mitchell to help boost LO count 

Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire.

TransUnion: Mortgage, home equity lending grow despite high rates 

Rate-and-term refinances climbed 44% and cash-out refis increased 15%. Home equity originations had their strongest annual growth since 2022.

How real estate professionals win using the C.H.I.E.F.S. formula 

The C.H.I.E.F.S. Formula is holistic approach to goal setting that real estate professionals can use to bring structure, focus, and balance to their lives.

The Real Brokerage launches free coaching program to all agents 

The program will run from Sept. 30 to Nov. 18 and is open to all agents, regardless of brokerage affiliation. Participation is free.

Investor sentiment rebounds after 2-year low, still trails 2024 levels 

The share of investors who said the market was better or much better than a year earlier jumped to 48% from 31% in the spring.

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Updated 10 months ago