Property tax burdens vary widely as states debate senior relief

Property taxes can feel like a minor nuisance in some states and a crushing expense in others — a reality detailed in a new WalletHub analysis. The average U.S. household pays $3,119 per year in property taxes, according to U.S. Census Bureau data cited in the report. Even renters are affected. Roug
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For Dan Duffy, CEO of United Real Estate Group, the current market is not defined by disruption alone. It is defined by positioning — years of deliberate preparation colliding with a period of industry upheaval. “I have never been this excited about the next phase [of our company],” he said. “There’
Read More Exclusive: UMortgage rolls out flat-fee broker compensation model

UMortgage is rolling out a flat-fee broker model that waives certain charges for originators who close more than 50 loans per year, part of a broader push to more than quadruple its sales force to 1,000 loan officers by December. Under the structure, LOs earn 275 basis points per loan but pay a $995
Read MorePHH Mortgage bolsters AI-driven subservicing technology

PHH Mortgage Corp., a subsidiary of Onity Group and the parent of Liberty Reverse Mortgage, on Monday announced updates to its artificial intelligence (AI)-powered assistant for subservicing clients. PHH said the updates build on the tool’s original capabilities and “reflect PHH’s commitment to cont
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