REcore dismisses breach of contract lawsuit involving CoStar and Homes.com.
REcore has dismissed its breach of contract claims against CoStar and Homes.com with prejudice, affecting industry dynamics and potential lender partnerships.
Unison resolves lawsuit following HEI product classification as reverse mortgage
Legal ruling in Washington confirms the classification of home equity investments (HEIs), settling ongoing disputes over their status as reverse mortgages.
eXp Realty introduces AI assistant ‘Mira’ and a training program.
CEO Leo Pareja discusses how Mira leverages eXp’s data systems and natural language processing to enhance agents' interaction with information, streamlining processes.
REcore Files Lawsuit Against CoStar and Homes.com for Contract Breach
REcore alleges CoStar has underpaid for its IDX feed, raising concerns over monetization practices related to MLS data. Implications for private lenders are significant.
Leveraging Technology to Mitigate Risk and Enhance ROI for Lenders
Explore how technology can enhance risk management and boost ROI for private lenders in the construction sector. Learn insights and best practices today.
Ex-Lender Sentenced for Involvement in Reverse Mortgage Fraud Scheme
A federal judge in Illinois has sentenced a former loan originator to prison for his involvement in a multimillion-dollar reverse mortgage fraud scheme, highlighting industry risks.
Trade Groups Advocate for GSEs to Purchase MBS to Mitigate Mortgage Rates
Community lenders and bankers suggest enabling Fannie Mae and Freddie Mac to acquire up to $300 billion in MBS to bolster market stability amid declining investor interest.
Survey Reveals Millennials Struggle Between Homeownership and Retirement
Millennials are increasingly strained by rising housing costs, impacting their ability to save for retirement. Explore how this affects private lending opportunities.
Insights from Recent Mortgage Data on 2026 Home Sales Trends
U.S. mortgage rates surpass pre-pandemic levels, prompting shifts in homeowner behavior and altering sales dynamics in the housing market landscape.
Younger Homeowners Aim to Transform Traditional Property Ownership
Millennials inheriting wealth prioritize sustainability, walkability, and community benefit, often valuing these over traditional financial returns in property investments.