Heirs’ attempt to reopen HECM foreclosure fails in Connecticut

The family of a deceased reverse mortgage borrower in Connecticut, who sought to reopen a case involving the foreclosure of their relative’s home after her death, have been denied a motion to reopen the case after a judge found that standard procedures were followed.This is according to court docume
Read MoreFirstTeam begins national expansion, introduces new agent compensation plan

FirstTeam, an independent real estate brokerage based in Southern California, has begun its national expansion by opening new offices in Idaho and Washington, with plans to establish operations in Arizona, Nevada, and Oregon.Founded in 1976, FirstTeam operates more than 46 offices with 2,200-plus sa
Read MoreHomeowners have a collective $700B in ‘trapped’ equity

More than $700 billion in home equity is effectively “trapped” and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This information comes from an economic analysis published last w
Read MoreRealReports partners with MLS Now, expanding access to AI property tool

RealReports, a property data technology firm, has entered into a partnership with MLS Now, Ohio’s largest MLS, to provide its artificial intelligence (AI)-driven real estate platform to more than 14,000 agents across Ohio and West Virginia.The collaboration gives MLS Now members access to RealReport
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