BETTER MLS: The Future ‘AWS of Real Estate Infrastructure Services’ Launching in 2025

Emerging Miami-based proptech startup BETTER MLS has announced the upcoming launch of a full suite of cloud-based MLS and CRM software services for the global real estate industry. Set to debut in the second half of 2025, BETTER MLS will offer private-label MLS platform services specifically designed for mid to large-scale enterprise real estate clients on a global scale. These target clients include all...

Chicago housing market normalizing after unprecedented volatility during the pandemic

Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. But people have returned to the Windy City and, lately, home prices have grown at a pace that would be perfect for Goldilocks — not too hot, not too cold, but just...

Rithm will publicly offer up to 34.5M shares of common stock

New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares of common stock to investors in a public offering. The company said underwriters will offer shares from time to time in negotiated transactions or prevailing market prices at the time of sale. At...

Roemanu hires Charles Macintosh as COO

Roemanu, the holding company for Toorak Capital Partners and Merchants Mortgage, announced on Tuesday that it has hired former Finance of America executive Charles Macintosh as its chief operating officer. Macintosh will also join Roemanu’s executive committee and oversee multiple areas of the business from its headquarters in Tampa and its office in Summit, New Jersey. He will report to John Beacham,...

DOJ, Nutter Home Loans reach $2.4M settlement over False Claims Act allegations

The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the lender had underwritten ineligible reverse mortgages to be insured by the Federal Housing Administration (FHA). The lender “has agreed to pay $2.4 million to resolve allegations that it violated the False Claims...

High property taxes in Maine? Mayor says to ‘consider a reverse mortgage’

The mayor of South Portland, Maine, recently acknowledged that property taxes in the region are particularly challenging for those living on a fixed income. When offering advice on how to manage these costs, the mayor brought up the potential for a reverse mortgage. This is according to local reporting by The Maine Wire from a recent city council meeting. Property taxes in the city — as is the case...

On Miami’s prestigious Venetian Islands, a luxe waterfront house eyes $39M sale

Florida’s ritzy Venetian Islands — a chain of 6 man-made islands located between Miami Beach and the Miami mainland — are known for their luxury waterfront mansions and gated estates. Among them is a 2018-built contemporary home with downtown views and over 90 feet of water frontage that’s made headlines quite a few times over the years. Built by former Formula One driver-turned-developer...

The 5 Best Mosquito Repellents for Yards of 2024, According to Testing

Create an outdoor space fit for you—not mosquitoes—with these mosquito repellents for yards. Better Homes & Gardens / Ella Field Summer can be a great time to make the most of your backyard. Unfortunately, those longer days and warmer temperatures also come along with a rather familiar inconvenience: mosquitoes. Biting insects can make it difficult to enjoy spending time outdoors,...

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