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Mortgage Educators and Compliance acquired by 360training

Housing Wire

“By combining expertise and resources, we aim to elevate our ability to equip individuals and businesses within the lending sector with specialized knowledge and tools, empowering them to navigate the intricate landscape of financial services with confidence and excellence,” said Samantha Montalbano, COO of 360training.

Mortgage 366
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Joseph Ribeiro Joins the Business Development Team

Lamacchia Realty

After spending nearly a year as a REALTOR® with Lamacchia Realty, Joseph Ribeiro has made the exciting jump to the Business Development team. With his wealth of industry experience and commitment to communication, dedication, and transparency, Joseph is a perfect addition to the Business Development team!

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Chris Rochon Joins Business Development Team

Lamacchia Realty

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. John Millen Director of Business Development Early on with his time at Lamacchia Realty, Chris was drawn to working with the Business Development team. Welcome Chris!”

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WSFS president talks motivation for reverse mortgage survey, potential future action

Housing Wire

It found that more people seem to be aware of the potential value that a reverse mortgage could provide for older homeowners, including as a tool to age in place and to provide greater cash flow in retirement. Since Ruben joined the organization, reverse mortgages have not been a major focus of the company, he said.

Mortgage 343
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Real estate tech roundup: Hubzu and Brookfield Residential

Housing Wire

The app offers potential buyers tools to find, research and bid on homes via a competitive auction format. Since 2009, it has facilitated the more than 4.5 Brookfield Residential has announced the expansion of Empower, a set of tools for homebuyers that to offer more choices and smart-home options for their home purchases.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). For real estate professionals, this option presents an opportunity to capture more sales. Yet staggeringly few are aware of its existence. What is reverse purchase financing?

Finance 431
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Rechat CEO Shayan Hamidi on keeping up with the furious pace of AI

Housing Wire

This is from 2009 — I opened up a high-tech real estate brokerage with actual agents, working through transactions day in day out and really understanding what processes look like. What they end up doing is having a selection of tools, but it’s highly fragmented. So I got into the real estate business from then on.