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NRMLA webinar to cover reverse servicing and maturity events

An upcoming industry webinar hosted by the National Reverse Mortgage Lenders Association (NRMLA) aims to demystify what happens to a reverse mortgage long after closing, serving as an educational component for loan officers and the seniors they serve. The April 9 webinar, “From Boarding to Maturity: Understanding Reverse Mortgage Servicing Requirements,” will walk loan officers through the […]

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Texas SB 17 has reshaped foreign capital in homebuilding

America’s largest homebuilders no longer just build subdivisions. Rather, they’re consolidating power. Scale is the new advantage, land is the new currency, and increasingly, ownership structure is the new danger. Foreign capital hasn’t pulled back from U.S. housing. It’s being organized. Japanese firms are building empires. Chinese-linked builders are hitting a wall. Texas, never hesitant

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Join the most powerful room in housing at The Gathering April 27-30

HousingWire will host The Gathering from April 27-30 in Austin, Texas, bringing together real estate, mortgage and homebuilding executives for four days of networking and strategy sessions. Billed as “the most powerful room in housing,” The Gathering is designed for leaders across the housing ecosystem to connect, learn and work through the industry’s biggest challenges

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PartnerOne finalizes acquisition of Mortgage Cadence

PartnerOne has completed its acquisition of Mortgage Cadence, adding another long-standing mortgage technology platform to the portfolio of the global enterprise software group, the company announced Thursday. Terms of the deal were not disclosed. The transaction was previously announced as an agreement with Accenture to sell Mortgage Cadence, which provides a cloud-based digital lending platform

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Century 21 Integra expands Chicago presence with acquisition

Century 21 Integra has acquired Schaumburg, Illinois-based Realty Executives Advance — expanding its presence in Chicago’s northwest suburbs. “Bringing Realty Executives Advance into the Integra family is a natural fit,” said Jim D’Amico, owner of Century 21 Integra. “Hank (Fatoorehchi) and his team have built a strong, respected business in Schaumburg, and we’re excited to

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What Washington state agents are seeing with new ‘millionaires tax’

Washington state is entering a new policy era with its “millionaires tax” — targeting high-income earners who shape the luxury real estate market. The law imposes a 9.9% tax on annual income above $1 million, with implementation expected in 2028 pending legal challenges. For real estate professionals, the policy could spell shifts in client behavior,

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Lamacchia Realty acquires Weichert Realtors – Briotti Group

Lamacchia Realty has acquired Weichert Realtors – Briotti Group, expanding its Connecticut presence with new offices in Waterbury and Wolcott, the company announced Wednesday. The deal brings broker-owner Stephen Briotti and 24 agents under the Lamacchia banner as the firm continues an acquisition-driven growth strategy across New England. Financial terms of the deal were not

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Rocket Close, AWS collaborate on AI system to automate mortgage document workflows

Rocket Close announced Thursday that it has significantly reduced the time required to process mortgage documents by deploying a generative artificial intelligence (AI) solution developed in collaboration with Amazon Web Services (AWS). Rocket Close, which processes about 2,000 abstract document packages daily, previously relied on manual workflows that took up to 10 hours per package

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Why HousingWire’s new Mortgage Rankings matter for originators

The HousingWire Mortgage Rankings launched this week to give the housing industry a standardized, transaction-based view of origination activity across the country. The rankings are powered by InGenius data and they’re built on recorded mortgage transactions, not submissions or self-reported numbers. That matters because most industry “top producer” lists are based on submissions, self-reported volume

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Housing market demand is holding, but pricing gaps are breaking deals

Housing demand is still holding up on a year over year basis, even as mortgage rates sit at 6.64%, a level that has historically marked a key dividing line for demand. That is the backdrop Logan Mohtashami laid out in this week’s Housing Market Tracker, where he wrote that “we are at a key inflection

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