HUD cancels HECM-related tech contract under direction of DOGE

The U.S. Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage (HECM) counselors, according to a review of the contract details on government websites and an announcement from the National Reverse Mortg
Read MoreBrad Clayton, Steve Murray launch FIJI MarketPlace for brokerage valuations

Brad Clayton of ClaytonWolf and Steve Murray of RTC Consulting have teamed up to launch FIJI MarketPlace. The industry veterans describe it as an AI-driven platform for real estate team and brokerage valuations and sales. According to their announcement, FIJI MarketPlace users will be able to drasti
Read MoreSeniors could be disadvantaged by new in-person Social Security requirement

Following initial reactions by trade groups and senior advocacy organizations to a new in-person identity verification requirement from the Social Security Administration (SSA), others are weighing in about the potential challenges that older Americans could face if the requirement is fully implemen
Read MoreSouthern states had the highest mortgage denial rates in 2023: NAR

Prospective buyers face numerous obstacles on their journey to homeownership, with access to credit often serving as a major hurdle. Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National A
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