HECM, HMBS activity falls sharply in February

Home Equity Conversion Mortgage (HECM) endorsements fell sharply in February, continuing a broader slowdown in the reverse mortgage industry. The total number of HECMs endorsed during the month dropped 20.7% to 1,821 loans. While February’s shorter calendar often results in fewer endorsements, the size of the decline suggests additional pressures weighed on sales volume, according […]

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Stellar MLS transitions CEO role from Merri Jo Cowen to Shayne Fairley

After more than 17 years at the helm, MLS industry veteran and 2025 HousingWire Woman of Influence Merri Jo Cowen has officially stepped down from her role as the CEO of Florida’s Stellar MLS, according to an announcement on Tuesday. She is being replaced by Shayne Fairley.  Stellar MLS had previously announced plans for this

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