HousingWireHousingWire A lawsuit over allegedly deceptive and misleading advertising practices between two of the reverse mortgage industry’s leading players saw a new development this week. Mutual of Omaha Mortgage amended its counterclaim that alleges deceptive advertising practices against Longbridge Financial. In a suit originally brought by Longbridge in September 2024,…
Continue reading →HousingWireHousingWire Union Home Mortgage (UHM) on Friday announced two changes to its executive leadership team, just days after the company grew its footprint through the acquisition of NRL Mortgage. Ohio-based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer….
Continue reading →HousingWireHousingWire Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, there are tons of AI tools for real estate that offer a more efficient, data-driven approach to generating new client leads. From automated chatbots that qualify incoming…
Continue reading →HousingWireHousingWire Labor over inflation has been my mantra since late 2022. Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. This gives us a glimpse of what may happen over the next 10 months for mortgage rates, especially since, since Jan. 14,…
Continue reading →HousingWireHousingWire Older Americans are often targets of financial scams by bad actors, and New York Gov. Kathy Hochul (D) wants to see her state’s Legislature address it more directly. Hochul is seeking to mandate specialized training for bank tellers and other banking professionals in New York to identify and stop…
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