Mortgage technology platform Prudent AI on Monday announced the promotion of Paul Gigliotti to the role of chief growth officer. Gigliotti has more than 20 years of experience in the mortgage lending and fintech realms, and he will oversee the company’s revenue, sales and marketing strategies. “Paul’s exceptional ability to
Read more
Following several months of leadership shakeups, program cuts and administrative announcements regarding the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac, FHFA Director Bill Pulte took to social media platform X on Monday morning to confirm that he does “not forsee” any more executive leadership changes at the
Read more
CrossCountry Mortgage and digital banking platform Blend on Monday announced an expanded partnership to drive innovation for independent mortgage banks (IMBs). The partnership brings together CrossCountry‘s 7,000-plus employees across more than 700 branches and Blend‘s technology platform that powered nearly $1.2 trillion in loan applications in 2024. As part of
Read more
When Sarah Middleton joined Supreme Lending as Chief Marketing and Growth Officer, she brought with her not just an impressive track record of leadership — but a 26-point checklist she uses to evaluate every opportunity. In her recent Power House podcast appearance, Sarah revealed how this detailed framework helped her
Read more
As an industry, the real estate world is truly unique. Think about it: The business has a low barrier to entry, many paths to success, and almost limitless growth potential. It may be the only field that can turn an 18-year-old into a millionaire without the need to go viral
Read more
The weekly home sales data for last week was a big surprise. If someone had told me at the beginning of the year that we would have mortgage rates fluctuating between 6.64% and 7.25%, trade war escalations, stocks slipping into bear market territory and confidence data collapsing — I would
Read more
The housing market is facing unprecedented uncertainty and volatility headed into the spring buying season. Recent reports and data signal that the impacts are setting in. Homebuilders D.R. Horton and KB Homes held earnings calls this week, and the results aren’t great. In the first quarter of 2025, KB Homes
Read more
Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should interact with the business. But things seemed to take a step forward last week when
Read more
The White House is considering sweeping cuts to federal housing assistance programs, including the Section 8 voucher system, in a move that could leave millions of low-income families without rental support, The New York Times reported Thursday. According to the Times, President Donald Trump and administration officials have discussed the
Read more
Less than two weeks ahead of its first in-person meeting of the year, the premiere trade association for the reverse mortgage industry has announced preliminary details for both its upcoming regional meeting and its annual meeting and expo slated for later this year. The National Reverse Mortgage Lenders Association (NRMLA)
Read more
Patrick Stone, the founder and chairman of Williston Financial Group (WFG), is celebrating 50 years in the real estate industry — a milestone that coincides with the 15th anniversary of WFG, which he launched in the wake of the Great Recession. “It’s surreal,” Stone said. “I started in April of
Read more
Real estate technology and agent services firm Place is continuing its acquisition spree. On Thursday, the firm announced that it had purchased real estate software firm Remine for $1.5 million in cash at auction. The $1.5 million sales price is less than 3% of what four MLSs paid for the
Read more