An audit from the U.S. Department of Housing and Urban Development (HUD)’s Office of Inspector General (OIG) found that more than 1,200 reverse mortgage borrowers could exhaust funds set aside to pay property taxes and insurance years earlier than expected, potentially exposing HUD to hundreds of millions of dollars in losses. The audit, released May…
"May 15, 2026" Archives
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Analysts at Keefe, Bruyette & Woods (KBW) said UWM Holdings Corp., the publicly traded parent company of United Wholesale Mortgage (UWM), is positioned for continued growth despite elevated interest rates. It points to expanded broker market share, in-house technology investments and a push to bring mortgage servicing operations fully in-house. In a research note published…
Howard Hanna Real Estate Services has launched the Luxury Circle of Excellence, an invitation-only referral network for its top-performing luxury agents across 15 states, the company announced Friday. The membership collective is designed to connect an elite cohort of agents who specialize in high-end properties and to deepen Howard Hanna’s penetration in upper-tier markets along…
The real estate industry is entering a new era of consolidation where technology infrastructure — not just brand scale — is becoming the primary driver of enterprise value. Recent acquisitions by Compass, eXp World Holdings and The Real Brokerage illustrate how brokerages increasingly view proprietary software, artificial intelligence (AI) and integrated operational systems as future…