Movement Mortgage, a top-25 U.S. mortgage lender, is close to resolving a two-year legal battle with rival Summit Funding, its founder and president Todd Scrima, and several former employees who transitioned to the competitor.
As Compass looks to grow its private exclusive inventory, the firm is going retro.
Prior to the advent of the internet, the physical MLS book of homes listed for sale was kept in a brokerage’s office. Consumers could come into the office to look at the properties that were on the market in a given MLS territory.
Having telegraphed its impending end last month, the Veteran Affairs Servicing Purchase (VASP) program — which attempts to prevent foreclosure actions against military members who may be experiencing financial hardship due to the consequences of the COVID-19 pandemic — is officially over as of Thursday.
Century 21 Real Estate is partnering with the Institute for Luxury Home Marketing to help agents compete more effectively in the high-end housing market.
The collaboration will provide Century 21-affiliated agents with access to specialized training, localized market data, and marketing tools geared toward affluent buyers and sellers.
Sagent, a Warburg Pincus-backed fintech firm, on Thursday announced the launch of its Dara Attorney Portal to enhance efficiency between servicers and their attorney partners.
The launch this week builds upon the original launch of Sagent’s mortgage software platform, Dara, in February 2024 at the MBA servicing conference.
Toledo, Ohio — once off the radar for most real estate investors — has transformed into a housing hotbed.
New data shows rising home prices and affordability pressures nationwide turning lower-cost cities like Toledo into magnets for investor activity, pushing prices higher and sometimes edging out local buyers.
Lawmakers in Illinois are considering a significant overhaul of the state’s title insurance regulatory framework through the introduction of S.B. 2648.
Recognizing the rising prevalence of phishing scams — where a bad actor will seek to trick a target into revealing sensitive personal or financial information through fake websites, emails or text messages — the Federal Housing Administration (FHA) has announced it is implementing anti-phishing multifactor authentication (MFA) into FHA Catalyst (FHAC).
Mark McArdle, who left the Consumer Finance Protection Bureau (CFPB) in February, will lead regulatory and public policy efforts at Newrez, the multichannel mortgage lender owned by Rithm Capital.
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