Longbridge hires Azita Guzzo to head up tech innovation efforts

Longbridge Financial, one of the nation’s leading reverse mortgage lenders, on Tuesday announced the hiring of Azita Guzzo as its new head of technology innovation. Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanc
Read MoreCompass acquires Charlotte-based Cottingham Chalk

Compass is closing out July with another acquisition. The brokerage announced Tuesday that it has acquired Charlotte, North Carolina-based independent brokerage Cottingham Chalk. The financial terms of the deal were not disclosed. The company had previously been affiliated with the Leading Real Esta
Read MoreFBI reissues warning on scam that wipes out bank accounts

Amid increasing levels of mortgage fraud, the FBI has renewed a warning to Americans about an app that could trick victims into losing their entire banking, savings, retirement or investment accounts.The FBI first issued a public service announcement on the Phantom Hacker scam in September 2023. But
Read MoreDown Payment Resource reports record-breaking DPA availability

Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340.The
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