New York Attorney General Investigates Compass-Anywhere Acquisition
New York AG Letitia James is investigating Compass's $1.6 billion Anywhere deal, raising potential antitrust and market share issues affecting private lenders.
SWMLS Collaborates with SourceRE for MLS Listing Feed Integration
SWMLS will enhance vendor access through SourceRE APIs, incorporating Data Dye identifiers in all feeds to effectively monitor unauthorized listing usage.
MARIS Eliminates MLS Fees for New Subscribers for a Limited Time
MARIS is waiving application fees until June and subscription fees until November for new subscribers nationwide, providing significant cost savings for private lenders.
Splitero finalizes $296 million securitization of home equity investments.
Splitero's $296M HEI securitization features four note classes rated by Morningstar DBRS, with Barclays and Nomura spearheading the process.
FTC secures court order to halt purported mortgage relief scheme.
FTC halts alleged mortgage relief scheme involving NAA with a temporary restraining order, raising concerns for private lenders about regulatory scrutiny.
Cloze Forge allows real estate firms to create tailored custom tools.
Custom applications enhance security, scalability, and integration within brokerage workflows, ensuring efficiency from the outset, industry leaders assert.
VA finalizes partial claim program and cancels proposed payment hike.
The VA issued updates on partial claims and loss mitigation, limiting caps to 25% UPB, with a 180-day implementation period for private lenders.
Mutual of Omaha Leads Despite 4.7% Decrease in HECM Endorsements
May HECM endorsements declined to 1,967, a 4.7% drop from April, with Mutual of Omaha Mortgage capturing 21.5% market share at 423 endorsements.
ICE Launches Fraud Monitor Integrated with Encompass System
ICE has launched Fraud Monitor, an integrated tool within Encompass, designed to centralize mortgage fraud detection and property risk assessments for lenders.
Christina Harmes Discusses Emotional Intelligence for Reverse Mortgage Brokers
Explore Christina Harmes' insights on CRMP ethics, emotional intelligence with senior borrowers, and effective outreach strategies boosting HECM for Purchase volume.