Experts weigh usefulness of exclusive listings

Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market.While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of new listings

Longbridge has a new addition to its proprietary reverse mortgage suite

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering.The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to tr

The lean, mean (illegal?) 1099 LO machine

An illustration of a mortgage executive losing a top-producing LO who wishes to become a 1099 LO. Illustration made with ChatGPTA source called with what sounded like big news. One of the bigger players in the wholesale space was soon going to require that all broker LOs be paid as W2s. Doing so wou