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Keller Williams settles some of the lawsuits tied to its profit-sharing program

Housing Wire

The Mcfarlane suit, which was filed in early May by James Mcfarlane — who was brokered with Keller Williams from 2004 to 2018 — is just one of more than a dozen lawsuits filed by former KW agents. Agents join the profit-sharing program by designating a sponsor when they join a market center.

Brokerage 448
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FHA proposes updates to reverse mortgage debenture interest rates

Housing Wire

To reaffirm its commitment to the future success of the HECM program and the senior citizen population it is designed to serve, HUD has determined that changes to its debenture interest payment methodology are necessary to maintain long-term program stability,” the announcement added.

Mortgage 443
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Mortgage Credit Availability Jumps Again 

Appraisal Buzz

The Conventional, Government, Conforming, and Jumbo MCAIs are constructed using the same methodology as the Total MCAI and are designed to show relative credit risk/availability for their respective index. Methodology on the expanded historical series from 2004 to 2010 has not been updated. percent, and the Conforming MCAI rose by 0.9

Mortgage 418
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The State of Mortgage Credit Availability

Appraisal Buzz

The enlarged historical series, which covers 2004 to 2010, was designed to provide historical context to the current series by demonstrating how credit availability has changed over the last ten years, including the housing crisis and subsequent recession.

Mortgage 343
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Finance of America CEO Patti Cook announces retirement

Housing Wire

I am so proud to have played a role in building this purposefully different consumer lending platform with the broadest range of products and services designed to help a diverse consumer base,” Cook said. The company grew to more than 5,000 employees across 300 global offices during this period. “I

Finance 394
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Enhancing Revenue Opportunities for Real Estate Agents With USRES & RES.NET 

Appraisal Buzz

USRES and RES.NET provide a range of products and services designed to streamline processes, enhance efficiency, and drive profitability for all participants in the real estate disposition and liquidation life cycle. COMPANY BIO Founded in 1992 and 2004, respectively, USRES and RES.NET provide comprehensive real estate solutions.

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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Parkside, founded in 2004 in San Francisco and led by CEO Matt Ostrander, also operates correspondent and retail channels. “We pride ourselves on offering the widest range of products and tailored solutions designed to meet the needs of our valued broker partners and their clients during any economic and home buying cycle.

Finance 370