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Kristen Sieffert leads the reverse mortgage presence at The Gathering

Housing Wire

Following the company’s initial public offering (IPO) and its choice to focus exclusively on retirement solutions, FOA’s acquisition of AAG was a natural way to stake a major claim of leadership in the business. Reverse mortgages for purchase are taking up more conversation on the reverse side of the business recently.

Mortgage 315
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Optimal Blue Promotes Rick Allen to Chief Operating Officer

Appraisal Buzz

Prior to joining Optimal Blue in 2017 as vice president of business strategy, Allen built his decades of experience across both the lending and vendor sides of the housing industry. Allen most recently served as chief administrative officer. He has more than 35 years of experience in the housing industry.

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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

In addition to believing in his firm’s ability to navigate the changes, Reffkin also told investors and analysts that he believes the business practice changes outlined in NAR’s settlement agreement will have little impact on professional, full-time agents. We are not hearing from agents that any of these numbers are coming down.”

Agents 370
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Motto sues UMortgage for ‘tortious interference’ in franchise contract

Housing Wire

“Motto Mortgage will not allow a competitor to misrepresent the nature of their business acquisitions and induce Motto Mortgage franchisees to violate/terminate their franchise contracts,” the spokesperson wrote in an email. That’s not the only lawsuit on hiring practices that involves UMortgage and its loan officers.

Contracts 372
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Guaranteed Rate closes Stearns wholesale channel

Housing Wire

“Guaranteed Rate will continue to thrive and win market share by having a laser focus on leveraging our industry-leading purchase platform augmented by the best loan officers in the business,” Guaranteed Rate CEO Victor Ciardelli wrote in an email to brokers that HousingWire reviewed.

Retail 382
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4 Best real estate schools in Maryland (MD) for 2024

Housing Wire

All Value features + 15-Hr MD First-Time Renewal Courses and Basics & Beyond eTextbook Required 60-hr MD prelicensing coursework. All Standard features + Business Building Courses Required 60-hr MD prelicensing coursework. Kaplan Real Estate Education Best real estate school in Maryland for the best value Overall Rating: 4.4

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RE/MAX settles buyer broker commission lawsuits for $55 million

Housing Wire

In addition, RE/MAX agreed to make certain changes to its business practices.” Co-Founders Dave and Gail Liniger built the RE/MAX brand with Broker/Owners, agents and consumers at the center of the business and, if approved, the settlement specifically includes releases of liability for RE/MAX franchisees and agents.”

Buyers 483