REMAX has added a large Rhode Island brokerage to its network after HomeSmart Professionals announced it will rebrand and operate as REMAX Revolution. The firm — owned by Dean deTonnancourt — brings more than 300 agents and six offices into the REMAX system. The move adds to the franchise network’s presence in Rhode Island as…
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Two of the nation’s largest reverse mortgage lenders, Longbridge Financial and Mutual of Omaha Mortgage, have asked a federal judge to dismiss a lawsuit over alleged improper advertising practices, ending a dispute that began in September 2024. According to a joint filing on Tuesday in the U.S. District Court for the Southern District of California,…
Finance of America Companies Inc. (FOA) reported $110 million in net income from continuing operations in 2025, a 175% increase from the prior year, as the reverse mortgage and home equity lender benefited from higher funded loan volume and improved operating leverage. The company posted basic earnings per share of $5.04 for the year, while…
Fix-and-flip investors brought more homes to entry-level market homebuyers in 2025 than homebuilders, a new data analysis from real estate investment platform New Western asserts. The report defines starter homes as those priced at $261,000 and below. While there aren’t many homes available at that price point in a wide range of major cities, many…