Mortgage groups push FHA for loss mitigation extension

A coalition of six organizations representing mortgage companies and borrowers has sent a letter to the Federal Housing Administration (FHA), urging the extension of the current loss-mitigation waterfall to February 2026 while updates to the agency’s servicing handbook are discussed and implemented.

What it’s like connecting reverse mortgage professionals with forward lending partners

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. The efforts have not gone unnoticed as more forward mortgage companies — particularly in an elevated rate environment — have started

Rocket’s counterpunch: Calling Out HUD and the DOJ

In October, the Department of Justice (DOJ) made headlines when they sued Rocket Mortgage for housing discrimination in the form of exhibiting alleged appraisal bias. Linking the nation’s largest home lender to the actions of an independent appraiser may have been an effective way to garner national

Sylvester Stallone’s Mansion Sea Barrier Battle KO’d by Palm Beach Locals After a Revolt

Getty ImagesSylvester Stallone may have conquered the big screen in “Rocky” and “Rambo,” but the Palm Beach Town Council proved to be one opponent he couldn’t take down.The Hollywood icon abandoned his plan to erect an 18-inch sea barrier to protect his Florida mansion after a fierce backlash from n