PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion in mortgage servicing rights (MSRs), among other agreements. A press release said that PHH/Liberty will no longer originate reverse mortgages. The...

Bright MLS to integrate ICE’s Paragon Connect platform

ICE Mortgage Technology and Bright MLS, the nation’s largest multiple listing service (MLS), announced that Bright will integrate ICE’s Paragon Connect MLS platform into its technology ecosystem as part of its long-term growth strategy. Paragon Connect is a mobile-first MLS platform designed to let real estate professionals research listings, collaborate with clients and manage their business from...

When land strategy meets AI: homebuilders gain a new edge

Strategic paralysis in a buyer-stuck market If land is the lifeblood of homebuilding, then today’s land strategy is a pressure test of a company’s core strength. But how do you act when the market offers no clear signal? After a chaotic four-year stretch of feast, famine, and fiscal policy shockwaves, new-home selling has slowed into a holding pattern. Buyers are hesitant, traffic is thin, and...

A $40M oceanfront showpiece hits the market in Miami Beach’s only beachfront gated community

Ultra-exclusive oceanfront living in Miami Beach is rare enough — but direct sand frontage inside a private gated enclave is almost unheard of. That’s what makes Côte de Mar, a newly built $40 million architectural estate in Altos Del Mar, such a standout. Designed as a sculptural, three-level modern retreat with its own private beach access, the residence offers 6,350 square feet of...

Singer Troye Sivan’s mid-century Hollywood Hills home lists for $2.54M

Troye Sivan is letting go of his serene Hollywood Hills hideaway, a mid-century retreat tucked on a quiet cul-de-sac, now asking $2.545 million with Jenna Cooper at Compass. The singer-songwriter and actor, known for hits like Rush and My My My!, and for starring in several films — most notably playing a young Wolverine in X-Men Origins: Wolverine (2009) and starring in the Spud film trilogy — has...

Turks and Caicos Luxury Development Hits $300 Million in Sales as Flagship Arc Condo Tower Tops Out

Windward, a leading developer of high-end waterfront estates in the Turks and Caicos Islands, has crossed a major financial and construction milestone at its signature South Bank project, a master-planned oceanfront resort community on Long Bay. The company said it has now exceeded $300 million in total sales, coinciding with the official topping out of Arc, its architecturally ambitious centerpiece...

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