HousingWireHousingWire Despite the Florida hurricanes, and in the face of recently rising mortgage rates, unsold inventory of homes on the market climbed this week by about 1%. We’ve been expecting inventory to climb, and to tick up again next week before seasonal inventory declines start in November. The seasonal changes…
Continue reading →Joan Gile is retiring March 31 as president and CEO of Piscataqua Savings Bank. (Courtesy photo) As one Seacoast-based bank prepares to transition to a new president, another in the region is transitioning its brand to, as it says, “reimagine banking.” Joan Gile is retiring as president and CEO of…
Continue reading →HousingWireHousingWire Since 2019, the state of Florida has built more than 77,000 new properties in areas with a high risk of flooding. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal. The construction activity…
Continue reading →HousingWireHousingWire The remaining defendants in Homie Technologies’ antitrust suit are seeking to have the case dismissed. On Friday, the National Association of Realtors (NAR), Anywhere Real Estate, Keller Williams Realty, HomeServices of America and RE/MAX filed motions to dismiss the suit, which was originally filed in mid-August in U.S. District Court in Utah. In the suit, Homie…
Continue reading →HousingWireHousingWire Mutual of Omaha Mortgage has been given more time to respond to allegations against it in a case that accuses the lender of operating manipulative websites that skew reverse mortgage reviews in its favor. The suit, brought by reverse mortgage competitor Longbridge Financial, alleges that Mutual of Omaha operates…
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