CrossCountry challenges court order in Gallo mortgage fraud case

CrossCountry Mortgage (CCM) filed a motion last week as it seeks to intervene in the criminal case against former loan officer Christopher Gallo, and to vacate a November court order that blocked the company’s arbitration claim against the former employee. National Mortgage News first reported the l
Read MoreBlue Owl commits $2.5B in funds to Point’s home equity investment platform

Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies issued the largest securitization ever completed in the HEI space. The new capital will allow Palo Alto
Read MoreFTC issues warnings to rental software firms on price transparency

A week after settling a lawsuit with rental property management company Greystar, it appears the Federal Trade Commission’s (FTC) involvement in the rental property management space is not waning. On Tuesday, the government regulator announced that it had sent letters to 13 property management soft
Read MoreSummit Sotheby’s International Realty rides high in Utah while giving back

When Thomas Wright entered the real estate world in 1999, he did so without a grand strategy — but with a deep sense of connection to people and place. “I was at a juncture in my life when I could have gone the commercial route or residential, and the residential was just felt like a real calling fo
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