Reverse mortgage lenders log Q2 profits amid home equity, AI push
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop. As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to strong
Realtor.com names Janakiraman Karthikeyan as CTO
Realtor.com is welcoming a new executive to its C-suite. On Monday, the company announced that it had appointed Janakiraman Karthikeyan as its new chief technology officer. This role will see Karthikeyan lead Realtor.com’s technology strategy as the company looks to achieve its long-term growth goal
Have lower mortgage rates already boosted the homebuilders?
New home sales followed the existing home sales market by beating sales estimates and having positive revisions in today’s report, which suggests that we are already seeing some benefits of lower mortgage rates. While it’s not a spectacular number by any means, if mortgage rates can get toward 6% an
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