Experts weigh usefulness of exclusive listings

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of new listings
Read MoreLongbridge has a new addition to its proprietary reverse mortgage suite

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to t
Read MoreThe lean, mean (illegal?) 1099 LO machine

An illustration of a mortgage executive losing a top-producing LO who wishes to become a 1099 LO. Illustration made with ChatGPT A source called with what sounded like big news. One of the bigger players in the wholesale space was soon going to require that all broker LOs be paid as W2s. Doing so wo
Read MoreRetiree moving activity was down nearly 25% in 2024

Older Americans are apparently choosing to stay put in greater numbers despite the fewer restrictions on their time granted by retirement. Between 2023 and 2024, moving activity among retirees dropped by nearly one-quarter (23.8%), according to data from the U.S. Census Bureau that was compiled by m
Read More
Categories
Recent Posts










