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Reverse mortgage LOs share appraisal challenges at NRMLA event

Reverse mortgage originators often remain a key point of contact for their clients from initial consultation to long after the loan closes. But getting to the closing table can come with its own set of unique challenges, whether it comes from rules that govern the Home Equity Conversion Mortgage (HECM) program or the potential bias of an appraiser. This message was shared by a panel of reverse mortgage...

HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required step to access the $225 million in Community...

CFPB seeks rescission of pandemic-era mortgage servicing rule

The Consumer Financial Protection Bureau (CFPB), under the leadership of acting director Russell Vought, is continuing to assess regulations it deems outdated or unnecessary. To that end, the bureau published a notice in the Federal Register this week that seeks to rescind a 2021 rule which “temporarily permitted mortgage servicers to offer certain loan modifications made available to borrowers...

Lone Wolf’s LionDesk CRM platform to be discontinued

Lone Wolf Technologies is reportedly discontinuing LionDesk, the customer relationship management (CRM) platform it acquired in 2021. LionDesk will remain operational through September, giving users time to migrate their data and transition to Lone Wolf’s new CRM known as Relationships. Customers will be able to transfer their contacts and are being offered accounts with full migration support,...

Social Security sees ‘dramatic’ spike of 276,000 applications

Social Security benefits are often a key for older Americans as they seek to determine how much money they will be able to live on in retirement. But the program has been a source of stress in the federal government for years, exacerbated by the unwillingness of lawmakers to make any major changes to the highly popular — and very expensive — social safety net. But the discussion taking place...

David Weekley Homes’ Ellis Brings Livable Luxury to Marietta

After debuting its first homes in Ellis' Phase 4 in 2024, David Weekley Homes is leading construction in the Marietta, GA-based community's 5th and final phase. In addition to award-winning floor plans from the national homebuilder, the swan song for the luxury community boasts 85-foot home sites, access to revered Cobb County Schools, and convenience to local shopping, dining, and recreation destinations....

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