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Planet Home Lending hires John Adams as renovation leader

Planet Home Lending on Thursday announced the appointment of John Adams as retail renovation leader as the company seeks to enhance its home renovation expertise and unlock more housing opportunities for borrowers. Adams will focus on training and supporting Planet’s distributed retail loan originators and educating real estate agents nationwide. He will also educate veterans […]

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FHA extends loss-mitigation deadline for mortgage servicers

The Federal Housing Administration (FHA) has extended the timeline for mortgage servicers to comply with the new loss-mitigation waterfall, according to a mortgagee letter issued Wednesday. While the provisions may be implemented by Oct. 1, they must be fully in place no later than Dec. 30, 2025, according to the letter signed by Frank Cassidy,

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De-risking the MLS: CEOs say consumer friendliness is the best line of defense

The legal teams at multiple listing services (MLS) have been getting quite the workout over the past few years, first with the commission lawsuits and more recently with lawsuits related to Realtor association membership and MLS access. Given these circumstances MLSs are naturally looking for ways to lower their legal risk portfolio, with “derisking” being

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