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Social Security planning could open the door for reverse mortgage conversations

Reverse mortgage professionals struggling with consumer hesitation may find their most effective entry point isn’t home equity, but rather Social Security. That was the message from Thomas Drapala, director of strategic partnerships at the National Association of Registered Social Security Analysts (NARSSA), who on Thursday led a webinar hosted by the National Reverse Mortgage Lenders…

Arizona Regional MLS CEO Matthew Consalvo plans 2027 exit

After 14 years at the helm, Matthew Consalvo has announced that he will be retiring from his role as Arizona Regional MLS’s (ARMLS) CEO in the spring of 2027. ARMLS announced Consalvo’s decision to retire earlier this week.  According to the MLS, during his time at ARMLS, Consalvo has helped to modernize the MLS, advance…

Court upholds racially targeted SPCP in Washington

A federal judge this week refused to block a special purpose credit program (SPCP) designed to reduce the racial homeownership gap across Washington state, rejecting a constitutional challenge brought by nonprofit Foundation Against Intolerance and Racism (FAIR). U.S. District Court Judge John H. Chun denied FAIR’s request for a preliminary injunction to halt the Covenant…

Waterstone Mortgage announces leadership promotions across multiple departments

National mortgage lender Waterstone Mortgage Corp. announced on Thursday the promotion of four employees to leadership roles at its home office, elevating executives in capital markets, human resources, information security and financial planning. The promotions include Casey Seefeldt to vice president of capital markets, Melissa Wagner to vice president of human resources, Scott Howard to…