Prudent AI promotes Paul Gigliotti to chief growth officer

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

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Pulte says he’s done making leadership changes at the GSEs

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

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CrossCountry, Blend announce partnership to drive IMB growth

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

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Assessing the reverse mortgage technology landscape

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

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Trump administration eyes deep cuts to Section 8 housing vouchers

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

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NRMLA announces 2025 western, annual meeting details

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)

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WFG’s Patrick Stone has stamped his mark on real estate

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

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Place buys Remine for $1.5 million in cash at auction

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

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