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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
Read MoreMutual of Omaha to sponsor reverse mortgage broker certification program

The National Association of Mortgage Brokers (NAMB) announced Tuesday that leading reverse lender Mutual of Omaha Mortgage is partnering with the trade group as the exclusive sponsor for a reverse mortgage specialist certification program. According to a press release from the companies, the sponsor
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