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Flagstar reports data breach affecting 1.5 million clients

Housing Wire

Hackers stole the personal information of 1,547,169 clients of Michigan-based Flagstar Bank in December, according to a document sent by the financial institution to the Office of the Maine Attorney General. million clients appeared first on HousingWire. The cyberattack occurred on Dec. 3 and Dec.

Clients 435
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Origins: When a reverse mortgage saved a client from bankruptcy

Housing Wire

But when a prospective client reached out directly to Rodriguez who at this point was in his late 20s he enlisted his companys help in forging a partnership with then-ubiquitous reverse mortgage lender Financial Freedom. You never forget your first At that time in the early 2000s, Rodriguezs company did not offer reverse mortgages.

Clients 396
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Engel & Volkers continues its expansion in Atlanta

Housing Wire

Since our launch in 2017, Engel & Volkers Atlanta has become a premier real estate service provider in the metro area, guiding clients through every step in their home-buying journeys,” Christa Huffstickler, CEO of Engel & Volkers Atlanta, said in a statement.

Brokerage 454
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What are the potential home equity and tax strategies for wealthy seniors?

Housing Wire

Certain clients can use home equity to pay the taxes on such a conversion, which would include comparing mortgage rates and the projected level of home price appreciation “against the projected growth of income-tax-free Roth assets and whether the client expects to be in a higher tax bracket in the future,” Resch told the outlet.

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Michigan ERA franchise acquires another independent firm

Housing Wire

ERA Prime Real Estate was founded in 2017 by owner Willie Ray III. I’ve worked in real estate for more than two decades with a continuous focus on going the extra mile for clients, something that Willie and his team are also widely known for,” Pandoff said in a statement.

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CoreLogic announces strategic partnership with Earnnest

Housing Wire

Our shared commitment to innovation and efficiency in real estate transactions will provide unmatched value to MLS members and their clients,” Russell Smith , the president and COO of Earnnest, said in a statement. “Joining CoreLogic’s Real Estate Alliance Network is a significant milestone for Earnnest.

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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

Wells Fargo “failed to pay plaintiff and class members for all hours worked, including but not limited to, mandatory meetings, loan processing, training and coaching sessions, loan tracking, customer surveys, attending open houses, attending events and galas, and working on certain nights or weekends,” Kang’s complaint, filed in 2017, said.

Legal 488