HousingWireHousingWire A bill that would seek to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product inside New York state is getting pushback from industry advocates. They argue that adding to and duplicating the currently required federal and…
Continue reading →HousingWireHousingWire Roughly 10 months after it first announced the planned deal, CoStar Group said Friday that it has completed its acquisition of 3D digital mapping technology firm Matterport. CoStar paid $1.6 billion for the acquisition. “Matterport’s cutting-edge 3D capture and AI-powered property insights have already transformed how residential and commercial…
Continue reading →HousingWireHousingWire Union Home Mortgage (UHM) on Monday announced its acquisition of Nations Reliable Lending, aka NRL Mortgage. The acquisition of Houston-based NRL will strengthen UHM’s book of business in Texas and southwest Ohio in particular. “Our company lives by the mantra of ‘Promises Kept,’ which not only includes promises to…
Continue reading →HousingWireHousingWire A person who describes himself as a contracting officer with the Consumer Financial Protection Bureau (CFPB) filed an affidavit in the U.S. District Court for the District of Columbia, saying that widespread cuts to contracts amount to an event that is likely to disrupt the functioning of the bureau….
Continue reading →HousingWireHousingWire Baby boomers are more aware of the efforts of digital scammers who use artificial intelligence (AI) than people may think. This was the topline takeaway from a recent survey in Canada from Toronto-based HomeEquity Bank, the nation’s leading reverse mortgage provider, which was conducted in consultation with market research…
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