San Diego-based Smartfi Home Loans, a top 15 U.S. reverse mortgage lender, recently made the decision to close its retail division and place an “exclusive focus” on its wholesale channel, the company confirmed Tuesday with HousingWire’s Reverse Mortgage Daily. The move was officially announced Sept. 15 and ends a short stint for the company’s retail division, which was formed in mid-2024. At...
If Compass’s proposed acquisition of Anywhere Real Estate moves forward, the companies will jointly oversee a $9 billion-per-year mortgage operation in partnership with Rate — enough to make them the 26th-largest U.S. originator in the first half of 2025. On Monday, Compass and Anywhere announced a definitive all-stock merger agreement that values Anywhere at $10 billion. The deal brings together...
Amid a new administration and new lending rules entering the arena, 60% of organizations say they are struggling to keep systems aligned with evolving federal and state rules. That’s according to new survey findings from Carleton, a provider of compliant loan calculation and disclosure solutions. The company evaluated the extent to which lenders face ongoing compliance risks, loan calculation...
RealReports and Restb.ai announced a partnership on Tuesday to integrate appraisal-grade property insights into multiple listing service (MLS)-facing tools. First Multiple Listing Service (FMLS) in Georgia and MLS Now in Ohio will be among the first MLS organizations to offer the technology to members. FMLS serves 57,000 members across Georgia and the Southeast while MLS Now covers 32 counties in...
American entrepreneur Ian Schrager has long been known for changing the way people experience places. First, he redefined nightlife with Studio 54, then he reshaped hospitality with his pioneering “boutique hotels”. Now, one of his most personal projects — his family’s Bedford Corners estate — has come up for sale with an asking price of $7.5 million. Schrager’s personal touch is on full...
Experts weigh in on how to get reimbursed during outages for your utilities or...
Today’s bathrooms aren’t just practical — they’re personal, luxurious and built to last. Homeowners are thinking ahead with accessibility upgrades, carving out room for wellness and self-care features and embracing wet rooms for both flair and function. Most homeowners are calling in...
The owners of this London home were pretty happy with the kitchen when they moved in but felt it didn’t really reflect their style. Unsure how to remedy that, they looked to Houzz, where they came across the profile of interior designer Jo Kaur Llogarajah of Studio JKL. “We instantly connected and...
When it comes to creating a new kitchen, an island is a must-have for many homeowners, but how can you ensure yours is both beautiful and functional? Here, four kitchen design experts suggest 10 things to bear in mind to help you get this key element right....
California home sales in August 2025 edged higher, supported by stabilizing prices and a modest decline in mortgage rates, according to the California Association of Realtors. Closed escrow sales of existing single-family detached homes reached a seasonally adjusted annualized rate of 264,240, up 0.9% from July's 261,820 but down 0.2% from August 2024. Despite the slight month-over-month increase, the...
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