Legal fight between Longbridge and Mutual of Omaha continues

In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not reach a settlement. That’s according to the court docket reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The lawsuit between Longbridge Financial and Mutual of Omaha Mortgage continues to play...

Justin Ishbia strikes deal to buy Chicago White Sox

Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday. This would give the Ishbia family ownership of a second major professional sports franchise after Mat Ishbia acquired the Phoenix Suns and Phoenix Mercury in early 2023 for a...

Tenant Reps Offer Strategic Edge for Commercial Tenants

In today's competitive commercial real estate market, tenants navigating the leasing process have a powerful -- and often overlooked -- ally at their disposal: the Tenant Representative. According to Jeff York, CEO of York Property Company in Dallas, Texas, Tenant Reps provide significant value by acting as dedicated advocates who guide tenants through every phase of securing the right space. Jeff...

WORLD PROPERTY SEARCH: The Future ‘Google of Real Estate’ in the Making

In a bold play to redefine how real estate is discovered on a global scale, World Property Markets -- a portfolio company of Miami, FL-based World Property Ventures -- has announced the development of a groundbreaking new real estate industry-focused AI search engine: WORLD PROPERTY SEARCH. Slated for launch next year, WORLD PROPERTY SEARCH is being positioned as the world's first AI-powered, multilingual...

Goby Homes launches property transaction platform, founder honored by NAR

Real estate technology startup Goby Homes has launched a new platform aimed at increasing transparency, security and communication in residential real estate transactions, the company announced during the 2025 Realtors Legislative Meetings. That announcement coincided with the National Association of Realtors naming Goby Homes founder Terrence Nickelson its 2025 iOi Innovator of the Year. Nickelson...

Top-producing California agent joins eXp Realty

Costanza Genoese Zerbi — a nationally recognized real estate agent and founder of Long Beach, California-based Costanza Genoese Zerbi & Associates — has joined eXp Realty, the company announced Tuesday. Zerbi, a veteran agent with nearly a decade of experience, brings a strong sales record to the brokerage. She closed $91 million in volume during a peak year and finished 2024 with $65 million...

Home-price growth at decade low, Florida markets lead declines

Home-price growth in the U.S. fell to its lowest rate in more than a decade this April, according to the latest data from Cotality. Weighing on the market were continued concerns about the economy, including job stability, inflation and possible tariff impacts — all contributing to sluggish buyer demand. “Housing market headwinds continue to challenge homebuying demand, but improved for-sale...

Prudent AI debuts non-QM underwriting tool

Prudent AI — a California-based financial technology company — has released what it calls the first upfront automated underwriting system (AUS) designed specifically for non-qualified mortgages (non-QMs). Unlike traditional AUS tools — which assess loan eligibility later in the mortgage process — Prudent AI’s system reviews key borrower data such as income, credit and assets at the point of...

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