Smartfi hires industry vet Fiore to lead newly created retail reverse division

San Diego-based Smartfi Home Loans, which primarily is active as a wholesale lender in the reverse mortgage space, will launch a retail division that offers reverse mortgage products and has hired industry veteran Paul Fiore as its president of retail sales.“I am thrilled to announce that I have sta

Expert describes needs to consider for aging in place

As a majority of older adults continue to express an overwhelming preference for aging in place in their homes, any decision needs to be made with a full understanding of a particular senior’s needs, capabilities, and access to essential services and people.This was an idea shared by Wayne State Uni

CRMLS removes seller concession fields from platform

California Regional MLS (CRMLS) has decided to remove fields listing seller concessions from its platform.In late May, CRMLS added a seller concessions-in-price data field to its platform, allowing listing agents and brokers to list how much a seller was willing to contributes toward the buyer’s tra

Wholesale lender OCMBC fires back at HMAC’s poaching lawsuit

In response to a poaching lawsuit filed two months by Home Mortgage Alliance Corp. (HMAC), wholesale lender OCMBC Inc. has denied the allegations while countersuing HMAC and its co-founder, Alfred Hanna, on behalf of an employee, Michael Turturro, and his corporation, Jet Alliance.The OCMBC counterc