Smartfi Home Loans shutters retail division

San Diego-based Smartfi Home Loans, a top 15 U.S. reverse mortgage lender, recently made the decision to close its retail division and place an “exclusive focus” on its wholesale channel, the company confirmed Tuesday with HousingWire’s Reverse Mortgage Daily. The move was officially announced Sept.
Read MoreNAR faces new Whittman antitrust suit over membership structure

The National Association of Realtors (NAR) may have been dismissed from two lawsuits related to its three-way membership agreement, but that didn’t stop William Whittman from filing his own suit on Friday. Whittman, who is a licensed broker in Maryland, D.C. and Virginia, is suing NAR, Virginia Real
Read MoreVA awards $84 M in grants to support homeless veterans

The Department of Veterans Affairs (VA) announced Tuesday that it will distribute $84 million in grants to 176 organizations nationwide to help veterans who are homeless or at risk of losing housing. About $42 million will go toward legal aid — with the remaining half supporting case managers who wo
Read MoreCompass’s Anywhere deal raises questions about industry power shifts

For Anywhere Real Estate, news of its acquisition by Compass, generated quite a bit of interest in its stock, thanks to the excitement of what this deal means for the future of the company. The real estate conglomerate saw its stock price rise from $7 at close of market on Friday to over $11 at 9:3
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