Reverse mortgage conversion software adds Smartfi proprietary product

The HECM Tool — a software platform designed to serve as a reverse mortgage sales conversion tool — announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platform’s existing visualization and comparison capabilities. The platform was developed by reverse mortgage industry veteran Tane Cabe. It’s designed to offer a broader set of...

Real Brokerage fires CFO, names Ravi Jani as successor

The Real Brokerage has named Ravi Jani as its new chief financial officer. His appointment is effective immediately and follows the departure of former CFO Michelle Ressler, who was terminated amid an ongoing internal investigation. Jani, who joined Real in September 2023 as vice president of investor relations and financial planning and analysis, steps into the role as the company experiences...

U.S. New Home Sales Uptick in March

The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers. According to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly constructed...

New Jersey AG hits RealPage and 10 landlords with antitrust suit

The legal woes for RealPage keep piling up. The property management software company was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin, who alleges that RealPage conspired with 10 landlords to artificially inflate rent for “tens of thousands of New Jerseyans.” The complaint — which contains heavy redactions — charges RealPage and the...

PHH’s Liberty Reverse Mortgage relaunches EquityIQ proprietary product

A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group. EquityIQ, the proprietary reverse mortgage product from Onity subsidiary PHH Mortgage Corp.’s reverse mortgage brand Liberty Reverse Mortgage, is now available through the company’s wholesale lending...

Top real estate agents are maintaining market share despite challenging conditions

By Callie Kelley’s estimate, home sales in Boise, Idaho, dropped by 20% annually in October 2022 when mortgage rates had doubled from their post-pandemic low points.  “In May 2022, we had a 60% annual gain and that was the peak. And then we lost 20% of that five months later, and the market has kind of just piffled along from January 2023 to January 2025,” said Kelley, the broker-owner of...

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