For decades, the real estate agent’s workflow was a predictable rhythm; list a single-family home, host an open house, guide a buyer through financing and close the deal. That rhythm is changing on many fronts. In its place is a new reality defined by younger prospective homebuyers hitting affordability walls, a supply chain choked by…
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Florida-based Onity Group announced that mortgage subsidiary PHH Mortgage Corp. has rebranded as Onity Mortgage, a move that was anticipated and became effective Monday. “Today marks another important milestone in our multi-year transformation as PHH Mortgage officially becomes Onity Mortgage,” Glen Messina, chair, president and CEO of Onity Group, said in a statement. “This change…
A reverse mortgage product once hailed as a potential game-changer for retirement has largely failed to gain traction, not because of its design but due to shortcomings within the industry itself. That’s according to Michael Banner, a national reverse mortgage educator and leader for American Pacific Mortgage (APM), who is preparing to address the HECM…
Tackle clutter, let go of sentimental objects and create a home that reflects who you are now.