Longbridge has record quarter for proprietary volume, posts $8.6M profit
Ellington Financial reported strong financial performance from its reverse mortgage subsidiary, Longbridge Financial, during its third-quarter earnings call on Thursday. Longbridge posted net income of $8.6 million from July through September — down from the $10.7 million profit it achieved in the s
Opendoor, Roam team up to expand assumable mortgage access
Opendoor is teaming up with Roam, a platform that enables homebuyers to purchase homes with assumable low-rate mortgages, according to an announcement on Friday. Through this partnership, Roam’s assumable mortgage tools and transaction support will be available to homebuyers shopping for homes on Op
David Conroy rejoins NAR as first-ever chief data officer
The National Association of Realtors (NAR) continues to shake up its executive team. On Friday, the firm announced the appointment of its first-ever Chief Data Officer David Conroy. In addition to serving at CDO, Conroy will also serve as the senior vice president of strategy and innovation. The tra
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