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Finance of America announces three new hires to drive brand, product alignment

Finance of America (FOA) announced on Tuesday that it has appointed three senior executives to lead its brand, communications and product functions as the reverse mortgage lender looks to expand its retirement-focused home equity offerings. Colm Murphy has joined as chief brand officer, Jordan Baucum as senior vice president of communications and Mike Urban as […]

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NAR subpoenas American Real Estate Association in ThePLS.com Clear Cooperation lawsuit

As part of the ongoing lawsuit between Mauricio Umansky’s ThePLS.com and the National Association of Realtors (NAR), the trade association has attempted to subpoena documents from the American Real Estate Association (ARA), the NAR alternative founded by Umansky and Compass agent Jason Haber.  The subpoena seek any documents, contracts, invoices and all communications between ARA,

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HUD rolls out 14 FHA single-family mortgage changes

The U.S. Department of Housing and Urban Development (HUD) is rolling out 14 changes to the Federal Housing Administration (FHA)’s single-family mortgage insurance program, including less stringent appraisal rules, expanded flexibility for the 203(k) rehab loan program and simplified closing forms.  The updates touch FHA policies from origination through servicing and quality control. HUD said

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