The National Reverse Mortgage Lenders Association (NRMLA) announced this week that Peter Sciandra, EVP of reverse lending and secondary marketing at Fairway Independent Mortgage Corporation, has joined its board of directors for the remainder of the 2023-2024 term. Reverse mortgage division leaders

In a filing earlier this week, HomeServices of America asked Judge Stephen Bough, who is overseeing the Sitzer/Burnett commission lawsuit, to deny the plaintiffs motion for entry of judgement. In their mid-March filing, the Sitzer/Burnett plaintiffs asked the court to order HomeServices of America,

Since the spring of last year, a typical family with a median income has not been able to afford a median-priced home, according to the National Association of Realtors’ (NAR) Housing Affordability Index. Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford

Rep. Scott Fitzgerald (R-Wis.) has introduced a bill to the U.S. House of Representatives that would codify the “tri-merge” credit model into law, a rebuke to the Federal Housing Finance Agency (FHFA)’s recent efforts to transition to a “bi-merge” model that would require only two credit reports to