Despite a challenging operating environment and broader concerns among industry professionals about connecting with new borrowers, the reverse mortgage industry’s key performance indicators showed improvements last month.Home Equity Conversion Mortgage (HECM) endorsements increased by 2.3% to 2,105,

Despite the necessary requirement for a homeowner to maintain insurance on their property for protection against human- and naturally-occurring disasters, the impacts of climate change are creating “natural” scenarios that are increasingly not covered by insurance.Such instances are accelerating in

Portside Real Estate Group, led by Dava Davin, has acquired Lakepoint Real Estate, led by industry veteran Dan McCarron, the company announced on Wednesday.It is the second company that Portside has acquired. In 2018, the brokerage onboarded RE/MAX Heritage in Yarmouth, Maine, led by Mike Lepage.As

Rocket Companies, the parent company of Rocket Mortgage, hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. The hire is Rocket’s latest move to bolster its already robust investment in artificial intelligence.Varun Kr