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Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer. Scarpati previously served as the company’s senior vice president of wholesale lending. Scarpati has served at FOA since 2010 in various roles, and he is the first occupant of this new C-suite executive position. The role is designed...

Luxury Presence has introduced Private Listings Hub, an invitation-only platform designed to help real estate agents promote off-market and pre-market listings with greater control and discretion. The platform allows agents to decide how and when to share listings, from limiting visibility to their brokerage to broadening exposure across the Luxury Presence network. The tool matches listings against...

What does UWM’s Mat Ishbia think about Rocket Companies‘ pending $9.4 billion deal for Mr. Cooper?“The truth is, it’s fantastic,” he said on a Wednesday morning sales call with broker partners. “Because sometimes if you think someone is someone, and you don’t really know, and then you see who they really are, it’s very clear.” Ishbia said he had “no ill will” toward Rocket and...

President Donald Trump followed through on months of threats to enact global “reciprocal” tariffs Wednesday afternoon by announcing an executive order that places a tariff on all foreign imports. Under Trump’s new tariff structure, there will be a baseline tariff of 10% on all imports, while many countries will receive individualized tariff rates that include the 10%.  A 25% tariff on all...

A storied Hollywood home with a killer location, refined interiors, and major star power has recently landed on the market in Los Angeles. Located at the base of Runyon Canyon, the 7,200-square-foot home is being brought to market by Million Dollar Listing Los Angeles power broker Tracy Tutor (with Compass), asking $8,800,000. Included in the price: bragging rights to owning a piece of Old Hollywood...

This Trending Now story features the most-saved bathroom photos uploaded to Houzz between Dec. 15, 2024, and March 15, 2025.If you’re looking for bathroom remodeling inspiration, you’ll find plenty packed into this countdown of the 10 most-saved new bathroom...

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements within the REIT and publicly listed real estate...

In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR). NAR's 2025 Home Buyers and Sellers Generational Trends report reveals that younger boomers (ages 60-69) and older boomers (ages 70-78) together accounted for 42% of all home buyers in the past year. Meanwhile, the share...

First Multiple Listing Service (FMLS) has signed a five-year agreement with Lone Wolf Technologies to provide transaction management tools to its more than 60,000 members, the organizations announced Tuesday. As part of the partnership, FMLS members will have access to Lone Wolf’s transaction management software, including its Authentisign eSignature solution and the TransactionDesk platform. The...

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage, announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. The product line, known as SecureEquity, is available to homeowners as young as age 55. It offers adjustable- and fixed-rate options with a maximum loan amount of $4 million. This is...