As White House scrutinizes HUD programs, union leaders offer a waste target

The White House has reportedly solicited information from staff at the U.S. Department of Housing and Urban Development (HUD) to justify the existence of various contracts. According to reporting by NPR, a spreadsheet was sent to employees, asking them to assess the importance of contracts, whether
Read MoreUWM partners with Sphere LOS on a direct integration for brokers

In a Wednesday afternoon LinkedIn post by chief technology officer Jason Bressler, United Wholesale Mortgage (UWM) announced that it’s partnering with Sphere LOS to provide its first direct integration with the broker community.Bressler’s post offered reasons for the partnership. He noted that Spher
Read MoreExecutive shakeups continue at Douglas Elliman

The C-suite shakeups at Douglas Elliman are still going. Last week, an internal memo informed Douglas Elliman agents and employees that Stephen Kotler was stepping down as the CEO of the brokerage’s western region, as first reported by The Real Deal. Kotler will remain at the firm, joining his son M
Read MoreKiavi lands another $300M in its latest RTL securitization

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs).As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8
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