Across the United States, there are over 500 MLSs serving real estate professionals. While some MLSs share nearly identical rules and policies, there are still countless ways in which they differ, posing challenges for many brokers. As the National Association of Realtors (NAR) turns over more rule-making and enforcement power to local associations and MLSs,…
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United Wholesale Mortgage (UWM) saw its origination engine cool in the first quarter compared to the previous three months, but the lender held the line on margins and remained profitable. Meanwhile, on the servicing strategy, UWM is steadily pulling more of its portfolio in-house as it battles CrossCountry Mortgage to acquire Two Harbors Investment Corp….
Finance of America on Monday reported first-quarter net income of $35.2 million, swinging from a loss in the prior quarter as the reverse mortgage lender benefited from higher origination activity, improved operating leverage and gains tied to portfolio valuations. The Plano, Texas-based company said it earned $1.93 per basic share for the quarter ended March…
Having spent meaningful time with Veev’s leadership team four years ago, including deep strategy discussions and a formal dialogue around a potential Chief Strategy Officer role, I’ve had a firsthand view into both the ambition behind the model and the friction points that have challenged its execution. Anthony Carroll’s recent departure from Veev, Lennar’s bold…