Why Flyhomes is quitting the real estate brokerage business

The cash offer pioneer is pivoting to a national rollout of its “Buy Before You Sell” bridge financing program. Continue reading

RE/MAX taps an industry veteran to revive Motto Mortgage brand

Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate. Continue reading

Luxury brokerage Douglas Elliman is now in the mortgage business

Mortgage broker Elliman Capital, a “strategic alliance” with Associated Mortgage Bankers Inc., will offer traditional and specialty loan products “from multiple national and regional lenders.” Continue reading

Motto Mortgage CEO announces upcoming retirement

Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016. Continue reading