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Mutual of Omaha expands proprietary reverse mortgage offering

HECM, Home Equity, HWmember, Lenders, Mortgage, Mutual of Omaha Mortgage, Reverse /

After launching a new proprietary loan product this spring, one of the nation’s leading reverse mortgage lenders has expanded the offering this week to more states. Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and Florida residents, is now available in 12 additional states. […]

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Single-family home construction declines are accelerating

Construction, Data & Visuals, Homebuilder Confidence, Homebuilders, Housing Market, HWmember, New Home Sales, U.S. Census Bureau /

New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it. According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This includes permits (-8.4%), starts (-10%), completions (-15.5%)

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Real Brokerage adds Coastline, a top San Diego team

Brokerage, California, HWmember, Real Estate, Real Estate Agents, San Diego, The Real Brokerage /

Coastline Real Estate Group, a 13-agent real estate team based in San Diego County, California, has joined The Real Brokerage. The team is led by Raymond Fraser and Shaylie Gilliland, who previously worked together on one of California’s top-ranked real estate teams. Since founding Coastline in late 2020, the group has closed more than $200

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Judge dismisses Maryland appraisal discrimination case and defamation countersuit

Appraisals, Appraisals and Valuations, Discrimination, HWmember, Lawsuit, Legal, loanDepot, Maryland, Mortgage /

A federal judge has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit that garnered national attention when it was filed in 2022. Nathan Connolly and Shani Mott — Maryland homeowners who are Black — sued appraiser Shane Lanham, his company 20/20 Valuations and mortgage lender loanDepot for allegedly undervaluing

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Realtors Relief Foundation sends $500K to Texas flood victims

Disaster Relief, Flood, HWmember, National Association of Realtors, Natural Disaster, Real Estate, Texas /

The nonprofit Realtors Relief Foundation (RRF) has allocated $500,000 to assist residents in south central Texas following recent floods that took the lives of more than 130 people and displaced families across the region. The funding — distributed through Texas Realtors and eight local associations — will be used to help affected residents cover housing

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Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

Affordability, Brokerage, First-Time Homebuyers, Housing Inventory, HWmember, Real Estate, Real Estate Agents, United Real Estate /

Veteran entrepreneur Phillip Cantrell distills four decades of hard-won business wisdom into his newly released book, “Failing My Way to Success: Lessons from 42 Years of Winning (and Losing) in Business,” which officially launched July 15. The founder and CEO of Benchmark Realty — who sold the company to United Real Estate in 2020 —

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Logan Finance promotes Dave Weatherford to TPO executive role

HWmember, Mortgage, Non-QM, People Movers /

Nonqualified mortgage (non-QM) lender Logan Finance Corp. on Thursday announced the promotion of Dave Weatherford to Executive Vice President of TPO Production, effective immediately. The promotion follows Logan Finance’s launch of its new Open Road product series, announced in June. The series, which expands upon Logan’s preexisting non-QM offerings, involves seven specialized Non-QM mortgage solutions designed

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PAVE task force 2.0? Senate Democrat introduces appraisal bias legislation

Appraisals, Appraisals and Valuations, DEI, Discrimination, HWmember, Legislation, Mortgage, Regulatory, Senate, Trump administration /

The Trump administration has “effectively disbanded” the interagency Property Appraisal and Valuation Equity (PAVE) task force, but a Democratic senator wants to revive it. Raphael Warnock of Georgia introduced the Appraisal Modernization Act on Thursday. The legislation seeks to address systemic bias in the appraisal process, effectively writing into law many of the measures the

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Zillow pushes back against Compass’s claims of conspiracy, monopoly

Brokerage, Clear Cooperation, Compass, eXp Realty, Glenn Kelman, HWmember, Legal, Real Estate, Redfin, Robert Reffkin, Zillow /

A little over two weeks after Zillow filed letters responding to Compass’s motions for preliminary injunction and expedited discovery, the listing portal giant is officially firing back with its response to these motions. Zillow filed its response and related declarations from company executives, including Chief Industry Development Officer Errol Samuelson, CEO Jeremy Wacksman and CFO

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US foreclosure activity continued to rise in first half of 2025, ATTOM says

Attom Data Solutions, Data & Visuals, Foreclosure, Housing Market, HWmember, REO /

Real estate data provider ATTOM on Thursday released its Mid-Year 2025 U.S. Foreclosure Market Report, which shows there were a total of 187,659 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2025. That figure is up 5.8% from the same period a year

US foreclosure activity continued to rise in first half of 2025, ATTOM says Read More »