Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which were attributed to seasonal trends and rising

Berkshire Hathaway’s HomeServices of America has a new CEO, promoting Executive Vice President Chris Kelly as former CEO Gino Blefari steps into a new role. Blefari, who has served as president and CEO of the company for more than five years, is stepping down from the role and transitioning into the

High mortgage rates, low inventory and stagnant demand have made life difficult for real estate brokerages in recent years, and President Donald Trump’s tariff policy isn’t helping. The massive scale and scope of Trump’s new global tariff regime shocked the stock market, shot the dollar downward and

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 docum