Jonathan Scarpati joins NRMLA board of directors

The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president of wholesale production at Finance of America (FOA), has joined its board of directors for the remainder of the 2024 term. Scarpati is a 20-year reverse mortgage industry veteran, having joined Senior Lending Network

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Keller Williams rescinds changes to its profit-sharing program

Keller Williams’ International Association Leadership Council (IALC) has rescinded the recent changes to its profit-sharing program, according to an announcement on Friday. The changes were first announced in August 2023 during KW’s Mega Agent Camp event. Under the changes, the company cut profit-share distribution for vested “former” KW agents —

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Former 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 estate investors robust technology, deep data insights

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Why 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? 

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Redfin’s agent payment plan expands to 25 new markets

Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024. In an announcement on Friday, Redfin said that the payment plan would be rolling out Aug. 11 in the following markets: Austin; Boise, Idaho; coastal North Carolina; Columbus, Ohio; Denver; Fort Myers, Florida;

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Mortgage advisory firms Stratmor Group, Teraverde merge

Mortgage advisory firm Stratmor Group has merged with Teraverde, a mortgage advisory firm and technology solutions provider, in a deal that the companies say will allow them to expand the markets they serve and the depth of services provided. The terms of the deal were not disclosed. Both firms will

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