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Mutual of Omaha expands proprietary reverse mortgage offering to more states
Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and Florida residents, is now available in 12 additional states.
Homebuilding declines are deepening as headwinds get stronger
Single-family home construction is down year over year at every stage of the process, an acceleration of declines posted in May.
Is REX bringing its legal fight to the Supreme Court?
REX was granted an extension of time to file a petition with the Supreme Court, suggesting that it’s looking to continue its legal battle.
loanDepot enhances home equity access with two new product options
California-based mortgage lender loanDepot on Wednesday announced the expansion of its equityFREEDOM portfolio to provide nearly 50 million U.S. homeowners with access to their tappable home equity.
Mr. Cooper delivers $204M profit, announces status as top-five correspondent lender
Dallas-based Mr. Cooper Group presented its fourth-quarter 2024 earnings on Wednesday morning. The company had a robust end to the year in which it delivered a $204 million profit and $235 million in pretax operating income.
Slightly lower mortgage rates fueling strong refi activity
Mortgage rates moved slightly lower last week, leading to the pace of refinance applications to reach its strongest week since October 2024
To write or not to write: Some brokerages draft their own forms while others leave it to state associations
With the Aug. 17 implementation deadline right around the corner, brokerages are working to figure out which forms they will use.
How will listing agents share seller offers of buyer broker compensation off the MLS?
With less than two weeks until the NAR settlement’s business practice changes go into effect, brokers are working to hone what they feel are best practices.
eXp Realty’s forms leave the choice to offer buyer broker compensation to sellers: Pareja
eXp Realty has created its own forms, including listing and buyer representation agreements, in the lead up to August 17th.
