Thing are heating up in Move Inc.’s ongoing battle with CoStar Group. On Monday, Move (the parent company of Realtor.com) filed a motion for a preliminary injunction in the suit it filed earlier this month against CoStar, the parent company of Realtor.com rival Homes.com, and James Kaminsky, a forme

Fintech Sagent hired Jaime Gow, a former executive at Mr. Cooper and First Horizon Bank, as its new chief financial officer. The hiring coincided with the departure of the company’s chief technology officer, Uday Devalla. Warburg Pincus-backed Sagent highlighted Gow’s background in servicing as a re

The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage (HECM) program, which would update the way debenture interest rates for HECM loans operate.The draft Mortgagee Letter (ML) “proposes updates to HUD’s calculations for the paymen

Finance of America, the reverse mortgage industry’s leading lender, announced this week that its planned reverse stock split will take place as scheduled on July 25.The plan, initially announced last month, involves consolidating the available shares in the company into fewer, higher-priced shares.