Anywhere Real Estate’s executive team will soon have new faces. The firm announced Monday that it had named Rudy Wolfs as its chief technology officer, and that Melissa McSherry is stepping down from her role as the real estate behemoth’s chief operating officer. Wolfs appointment is effective Feb. 22, 2024, while McSherry’s final day as […]
Shannon Robinson has been serving as vice president for the reverse mortgage division at New American Funding (NAF) for just over a year, a time that was marked by a lot of challenges across the reverse mortgage. Some of these challenges, especially in relation to historic interest rate increases, were out of the industry’s control. […]
The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions. In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high. They also alleged that the National Association of Realtors’ (NAR) Code of Ethics, the […]
According to Zillow’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up
After a year of challenge in the reverse mortgage industry, the major lenders in the industry look a bit different for calendar year 2023 when
Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire.
For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new
Uniondale, New York-based Ranieri Solutions brought on Rob Lux as its CEO to spearhead the company’s go-to-market efforts for its cloud-native servicing platform. Lux joins
Right-to-list agreement firm MV Realty is no longer allowed to offer brokerage services in North Carolina. The ban was the result of a two-day hearing, during
Change is on the horizon. For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that
According to Zillow’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. Overall, the Midwest, the Great Lakes and the
After a year of challenge in the reverse mortgage industry, the major lenders in the industry look a bit different for calendar year 2023 when compared with recent years past. Reduced volume, a challenging mortgage rate environment and industry consolidation has contributed to some of the broader changes. Here are
Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire. The sources said negotiations are in the late stages and remaining details are expected to be finalized this month. As part of the deal, NAF
For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and
Uniondale, New York-based Ranieri Solutions brought on Rob Lux as its CEO to spearhead the company’s go-to-market efforts for its cloud-native servicing platform. Lux joins the mortgage tech company from Cenlar FSB, the nation’s largest subservicer, where he served as executive vice president and chief operating officer for the past