Finance of America takes action in move to raise stock price

Finance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation of its board to perform a reverse stock split at a 10-to-1 ratio in a move designed to boost the company’s stock price. This is according to a company filing with the Securities
Read MoreMoratis commission lawsuit plaintiffs take aim at NAR settlement in latest filing

The plaintiffs in the Moratis commission lawsuit (formerly known as the Spring Way suit) took issue with the nationwide commission lawsuit settlement agreement reached by the National Association of Realtors (NAR). On Wednesday, West Penn MLS, a defendant in the Moratis suit, filed a motion to stay
Read MoreUWM’s Jason Bressler on finding the real ROI in AI

Editor in Chief Sarah Wheeler sat down with UWM CTO Jason Bressler on the HousingWire Daily podcast to talk about technology and how UWM is leveraging AI specifically. This interview has been edited for length and clarity, but you can listen to the entire episode here. Sarah Wheeler: How is UWM leve
Read MoreVA interested in smart home tech to enable veterans to age in place

The U.S. Department of Veterans Affairs (VA) is seeking to provide more support to military veterans who want to age in place in their current homes. This includes exploration of the smart-home technology sector, according to reporting at the Federal News Network. Smart home tech, including wearable
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