Origins: From nuclear physics aboard submarines to reverse mortgage origination

You don’t often hear about someone with an affinity for nuclear physics finding their way into the reverse mortgage field, but that’s exactly the journey we’re charting in this edition of “Origins” from HousingWire’s Reverse Mortgage Daily (RMD). Rick Schluter, a New Jersey-based reverse mortgage sp
Read MoreNAR’s decision on what to do about Clear Cooperation? Nothing — for now

The National Association of Realtors (NAR) came to a decision at a meeting last week on what to do about its Clear Cooperation Policy (CCP). That decision is to not make a decision — at least for now. The anti-climactic non-ruling was reached on Friday after the trade group’s MLS technology and emer
Read MoreLoanSnap troubles continue as California revokes its lender license

A California regulator has revoked the residential mortgage lending license of LoanSnap, the latest in a series of difficulties for the fintech lender. According to a filing from the California Department of Financial Protection and Innovation dated Oct. 18, LoanSnap had its license revoked after it
Read MoreDems and GOP agree: The state of retirement in the U.S. is concerning

Despite rampant political polarization, a majority of people affiliated with the Democratic and Republican parties agree that the state of retirement in the U.S. is concerning. This is according to a recent survey conducted by the National Institute on Retirement Security (NIRS). An overwhelming maj
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