"May 11, 2026" Archives

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Judge denies motion to dismiss Zillow-Redfin FTC lawsuit

Zillow and Redfin’s legal battle with the Federal Trade Commission (FTC) and attorneys general from Virginia, Arizona, New York, Connecticut and Washington will continue.  Last Thursday, a Virginia-based U.S. District Court judge denied a motion to dismiss the antitrust lawsuit the two online listing portals filed in mid-January.  Originally filed as two separate lawsuits in…

Gibson Sotheby’s International Realty expands New England footprint

Gibson Sotheby’s International Realty has acquired Madden Group, a New Hampshire brokerage serving the Seacoast region and nearby markets, and opened an office in Portsmouth, New Hampshire. The Portsmouth office is Gibson Sotheby’s first outside Massachusetts. Jennifer Madden, former principal owner and managing broker of Madden Group, will join Gibson Sotheby’s as vice president for…

Longbridge’s Tim Wilkinson on the secondary market dynamics reshaping reverse mortgages

For reverse mortgage lenders, the secondary market is a complex balancing act of liquidity, interest rates and government regulations. The industry continues to grapple with challenges stemming from the Ginnie Mae HECM Mortgage-Backed Securities (HMBS) program’s 98% buyout requirement, a rule some say contributed to the 2022 bankruptcy of Reverse Mortgage Funding (RMF). With the highly…

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