Unison unveils ‘hybrid’ home equity sharing loan by Neil Pierson for HousingWire

HousingWireHousingWire Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco-based Unison calls its new offering the Equity Sharing Home Loan. The company explained that the product operates as a ”hybrid…

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UMortgage CEO: “Our veterans deserve better,” following the news of recent veteran lending malpractices by UMortgage for HousingWire

HousingWireHousingWire Anthony Casa, President & CEO of UMortgage, isn’t mincing words when it comes to the lending practices that often victimize our veterans. “Our veterans deserve better. Unfortunately, it’s far too common for lenders to prioritize their own profits over the financial well-being of those who have served our country,”…

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Keller Williams settles some of the lawsuits tied to its profit-sharing program by Brooklee Han for HousingWire

HousingWireHousingWire Keller Williams‘ legal worries just got a little lighter. On Friday, the real estate franchisee and the plaintiffs’ counsel in the Mcfarlane suit reached a settlement agreement for the lawsuit related to the firm’s recently abandoned changes to its profit-sharing program. In an email, Keller Williams confirmed that this…

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NextHome joins the list of firms to settle the commission lawsuits by Brooklee Han for HousingWire

HousingWireHousingWire The James Dwiggins-helmed firm NextHome is the newest real estate brokerage to settle the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a brief filed last week. The filing does not note how much NextHome has agreed to pay…

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Guild’s Jim Cory on company confidence in reverse mortgages by Chris Clow for HousingWire

HousingWireHousingWire At the end of August, Guild Mortgage announced a suite of products under the name “Flex Payment Mortgage,” which includes Home Equity Conversion Mortgage (HECM) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. Jim Cory, managing director of Guild’s reverse division, previously spoke…

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