Liberty Reverse parent Onity praises Q1 earnings performance, proprietary product launch

Despite an overall reduction in its reverse mortgage servicing portfolio when compared to the prior year, the parent company of one of the nation’s largest reverse mortgage lenders continues to tout the overall performance and profitability of the division in a high mortgage rate environment.Onity G
Compass has sued an MLS. History could shed light on its antitrust claims

The antitrust lawsuit filed last week by Compass against Northwest MLS (NWMLS) has generated a lot of talk, but it is far from the first time a brokerage has sued an MLS over an alleged antitrust injury. There is a slate of recently filed suits — as well as those filed in the 1970s and ’80s — that a
UWM faces class-action lawsuit over alleged misuse of 401(k) plan assets

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.”Filed Monday in a Michigan district court, the lawsuit accuses UWM of violating the Employee Retirement I
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