Remove category advice
article thumbnail

Labor Department announces new rule to shield retirement savings

Housing Wire

Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments. Taking effect on Sept.

Investor 380
article thumbnail

Key housing markets are starting to buck national trends: Redfin

Housing Wire

Cape Coral, Florida, led the way in this category with supply growth of 51%. My advice to sellers is to price your home fairly,” Chen Zhao, economic research lead at Redfin, said in a statement. Redfin reported that among the 10 U.S. Additionally, of the 10 U.S. Redfin noted that for-sale supply at the national level rose by 10.2%

Marketing 294
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

California’s ‘Master Plan for Aging’ is well received in its early days

Housing Wire

An independent review from The Little Hoover Commission — established by the state government in 1962 to investigate its operations and offer policy recommendations — contains advice for how the program and its oversight can be improved. But the commission also offered high marks for the plan’s early implementation efforts. “In

Equity 413
article thumbnail

Reverse mortgage industry courts financial planners

Housing Wire

This is according to a panel of reverse mortgage product category experts featured at the National Reverse Mortgage Lenders Association (NRMLA) Virtual Summer Meeting this month. Avoid ‘crossing the streams’ between origination and financial advice. It was] not advice that we were giving to the client.

article thumbnail

Will divesting Optimal Blue guarantee approval of Black Knight-ICE merger?

Housing Wire

The divestiture could take place as part of a settlement that is negotiated either directly or under the advice of the district court judge, KBW said. KBW sees “limited needle-moving acquisition alternatives” for ICE in the mortgage category beyond Black Knight.

Mortgages 276
article thumbnail

HW+ Member Spotlight: Omar Ennabe

Housing Wire

HousingWire: What is the best piece of advice you’ve ever received? I have found that people can be grouped into 1 of 2 categories. I start my day with a cup of coffee and Chris Clow’s updates on the reverse mortgage market. Omar Ennabe: To look inward.

article thumbnail

Opinion: The role of the LO will soon be very different

Housing Wire

Most forecasts have indicated 2024 will show an increase in origination numbers, although most of that will be of the purchase category. They’ll do that by providing a smooth customer experience and sound financial advice through multiple transactions.