HousingWireHousingWire Ellington Financial, the parent company of major reverse mortgage lender and servicer Longbridge Financial, announced this week that it has issued a $243 million proprietary reverse mortgage securitization backed entirely by Longbridge’s “Platinum” product line. The loans will also continue to be serviced by Longbridge, according to the announcement…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) on Thursday announced that it has awarded $225 million to 17 groups across 26 states as part of its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) program that was launched earlier this year. The $225 million was initially announced…
Continue reading →HousingWireHousingWire Better.com announced Thursday that it has hired Misti Snow as its new senior vice president of operations. Snow, who has more than 30 years of operations experience in the financial services industry, officially started her new role on Dec. 16. In an exclusive interview with HousingWire, Snow said that…
Continue reading →HousingWireHousingWire As 2025 approaches, The Real Brokerage is heading into the new year with more growth-centered momentum. The digital brokerage platform announced another major affiliation this week to strengthen its presence in the luxury market. Real announced this week the affiliation of Urban Nest Realty, a Las Vegas-based brokerage. The…
Continue reading →HousingWireHousingWire The Federal Housing Finance Agency (FHFA) on Thursday announced that it initiated 43,459 foreclosure prevention actions in the third quarter of 2024, bringing the total number of homeowners helped to more than 7 million since the government-sponsored enterprises (GSEs) entered conservatorship in 2008. But the number of foreclosure starts…
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