FHA amends identifier requirement for lenders, other entities seeking government business

The Federal Housing Administration (FHA) this week published a mortgagee letter (ML) amending a 2022 requirement for mortgage lenders, and anyone seeking to do business with FHA, to obtain a Unique Entity Identifier (UEI) in order to be eligible for such business. In ML 2024-09, the agency’s UEI pol
Read MoreFormer rivals become partners as Mynd merges with Roofstock

Roofstock, a real estate services and investment platform, is merging with housing operator Mynd, the companies announced on Thursday. Both firms guide real estate investors in buying, selling and managing single-family rental (SFR) homes across the country. The unified platform will offer real esta
Read MoreWhy is real estate tech a hot topic?

At “The Gathering” this year, every room seemed to share a certain buzz. Conversations across panels, roundtables, announcements, and everywhere in between seemed to trend toward the same general topic: How do we make the most of a market that continues to offer as many challenges as it does chances
Read MoreThe long road to remote reverse mortgage counseling in Massachusetts

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously
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