HousingWireHousingWire Reverse mortgage leader Finance of America (FOA) recorded a quarter-over-quarter loss in the fourth quarter of 2024, but still notched a full-year profit. In a Wednesday earnings call, company leaders outlined their assessment of the reverse mortgage market moving forward, describing 2024 as a year of “momentum” for the…
Continue reading →HousingWireHousingWire Fathom Realty rolled out two new agent commission plans in 2024, and the brokerage isn’t done yet. On Fathom Holdings‘ fourth-quarter 2024 earnings call on Wednesday, CEO Marco Fregenal mentioned a new revenue-sharing model that will launch “soon.” The plan is designed to help agents close more business. To…
Continue reading →HousingWireHousingWire ICE Mortgage Technology has added new analysis tools, expanding its technology portfolio that’s designed to simplify underwriting and post-closing review processes. The company this week announced the debut of ICE Asset Analyzer and ICE Audit Analyzer, adding to the existing ICE Income and ICE Credit analyzers. The products, which…
Continue reading →HousingWireHousingWire Nearly half of older Americans are reliant on using credit cards to cover basic living expenses they don’t have the cash for. And nearly 20% of this cohort consistently relied on this type of high-interest debt on a monthly basis over the past year, according to survey results released…
Continue reading →HousingWireHousingWire In a closely watched case that could determine the posture of the Consumer Financial Protection Bureau (CFPB) during the second Trump administration, a judge overseeing a case brought by the National Treasury Employees Union (NTEU) against CFPB acting director Russell Vought could rein in actions to wind down the…
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