2024

a360inc acquires ProVest to expand tech offerings for mortgage industry partners

Technology and outsourcing solutions company a360inc announced on Wednesday that it has acquired ProVest, a Tampa-based process and litigation information services provider for creditors. Some of a360inc’s key constituencies include mortgage lenders, servicers and investors, as well as title agencies. The deal includes an investment in a360inc by the funds managed by Morgan Stanley Investment...

Waterfall analyst: Work remains to get HMBS 2.0 over the ‘finish line’

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0. The new term sheet detailed several differences from the existing HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal...

Compass CEO Reffkin: Fears over agent commissions ‘have simply not materialized’

If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass. The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It has been four and a half...

eXp Realty focuses on agent value proposition as it looks to grow

With company executives predicting that things will get messy in the U.S. real estate landscape over the next several months due to the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement, eXp World Holdings — the parent company of eXp Realty — is focused on improving the firm’s agent value proposition. In the second quarter...

What the most expensive house in the U.S. could look like

In early February, a 9-acre property set in the exclusive Port Royal neighborhood in Naples, Florida, landed on the market with a (very loud) bang. The sprawling waterfront compound — known as Gordon Pointe — was listed for a whopping $295 million, a price point that instantly made it the most expensive home in U.S. history. It was formerly home to Naples philanthropist and Federated Investors...

Dividing property in a divorce: All of your most pressing questions, answered

Going through a divorce is hard enough. Having to navigate the reality of a changing family landscape (and possibly helping little ones cope with the ordeal), reenvisioning your life without your significant other, and managing the intense emotions that come with this ground-shifting life change can be immensely challenging. Add to that the legal aspects — which, let’s be honest, can be quite...

The 8 Best-Smelling Laundry Detergents, Tested by BHG

We did the dirty work of testing 29 fragrant detergents to see which were effective and offered the most value per load. Better Homes & Gardens / Dera Burreson There’s nothing quite like cleaning the load of clothing that’s been piling up in your laundry basket. While you may like the natural scent your linens have post-wash, there are several scented laundry detergent options that can...

How to Clean Up After a Dust Storm

Dust storms can cause a lot of damage, indoors and out. Here's what to do after one hits your home and yard. jeff1farmer/Getty Images Although dust storms can occur anywhere in the United States, these severe weather phenomena are especially common in the Southwest due to the drier climate. Dust storms and haboobs (a particularly intense kind of dust storm) are often triggered by strong...

The 9 Best Induction Cookware Sets of 2024

Our top picks are versatile, functional, and durable. Better Homes & Gardens / David Hattan One of the biggest benefits of using an induction range is the incredible efficiency it offers. Instead of a burner heating up, the heat is transferred directly to the cooking surface to save as much energy as possible. In order to take full advantage of the benefits of an induction range, you need...

How to Get Rid of Clover Mites and Keep the Pests Away from Your Home

Here's how to get rid of clover mites, tiny red pests you might find inside or outside your home. Sandra Standbridge / Getty Images Measuring only 1/30 of an inch long, one clover mite is easy to miss, but when they gather in numbers, this common household pest quickly goes from harmless to annoying. This bug can be a pain to get rid of because squishing it leaves a red stain behind. Here’s how...

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