MAXEX hires Daniel Wallace as chief operating officer

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market pla

FOA seeks to ‘modernize’ reverse mortgage outreach efforts to seniors

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025.While the reverse industry has faced unique headwinds over the past couple of years, the company is see

Hollywood Producer and ‘Wonder Woman’ Star James Veres Lists ‘Legendary’ Equestrian Estate for $17.3 Million

Getty Images/Realtor.comHollywood producer and “Wonder Woman” star James Veres is galloping away from his magnificent equestrian estate in Malibu, CA, putting the property on the market for the first time in 30 years for the mammoth price of $17.3 million.The massive 4-acre property, described in th

Reverse mortgage alums secure financing for alternative equity-tapping product

Cornerstone Financing, a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura.The funding will go to support the company’s specialty home equity-tapping product known