Fairway eyes reverse mortgage expansion in 2025

Fairway Independent Mortgage Corporation, a large mortgage lender and a top 10 lender in the reverse mortgage industry, will aim to expand its focus on its reverse mortgage arm in 2025 owing to the efforts of David Lazowski, the company’s new president of national recruiting and growth.Emboldened by

How do you put a price on the wildfire damage in LA?

You’re bound to find variability in the total cost estimates related to the damage and destruction caused by the wildfires in Southern California, but some of the variations are exacerbated by what is included versus what is excluded in these estimates.According to CoreLogic, the total damage cost e

Why do we see more home sellers but fewer home sales?

There were 45,000 new listings for single-family homes across the country this week, which is a big jump. That’s 12% more sellers than a year ago. This is the trend that will be the theme for 2025. It seems more sellers are coming out every week and that will keep inventory pushing upward.Mortgage r

Mr. Cooper announces retirement of Xome CEO Mike Rawls

Mr. Cooper Group named former vice chairman and President Chris Marshall as the new CEO of subsidiary real estate solutions firm Xome. Marshall will replace former CEO Mike Rawls, who is set to retire effective June 30. Marshall will work will Rawls over the coming months to ensure a smooth transiti