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Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA

Housing Wire

Reflections on a reverse career When reached by RMD, Norman expressed appreciation for his time in the reverse mortgage industry, his colleagues at NRMLA and FAR, and his career journey up to this point. Finance of America President Kristen Sieffert described Norman as a key figure for both the company and the wider industry.

Mortgages 395
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Agents might be more tempted to switch brokerages in 2024

Housing Wire

The report found that 61% of agents plan to stick with their current company this year, down from 75% of agents in 2023. Meanwhile, Coldwell Banker-affiliated agents showed no significant change in their likelihood to switch companies, with 69% prepared to stay put in 2024 compared to 70% in 2023.

Brokerage 410
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Coldwell Banker Warburg welcomes two real estate veterans

Housing Wire

Broker Kathy Kaye and agent Lorraine Baker joined Coldwell Banker Warburg , a New York City-based real estate brokerage, the company announced last week. Kaye and Baker each bring $200 million in career sales volume to the firm, according to its press release.

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Lower founder says lender is still active in M&A searches

Housing Wire

If it finds “a good company,” the lender is willing to pay a premium to the owners, according to Dan Snyder, the fintech’s founder and investor. The company is looking for geographic expansion and companies that are “technically sound,” he added. “But we have raised money from Silicon Valley.

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Ryan Serhant launches broad-based sales training tool 

Housing Wire

Ryan Serhant — the acclaimed real estate broker, media personality and serial entrepreneur — is moving beyond his career in real estate to delve into the broader arena of sales. Higher education may be a great path for some — but for many, it’s becoming a cumbersome and expensive obstacle to actually delving into a career and making money.“

Sales 331
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Snapdocs promotes Michael Sachdev to CEO

Housing Wire

As CEO, Sachdev will oversee all company operations and business strategy, with input and oversight from the company’s board, the company said Thursday. As executive chairman, King will advise the company’s product strategy and connect with customers and the market. I’m thrilled to be elevating Mike as our new CEO.”

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Rocket offers third round of voluntary buyouts to employees

Housing Wire

Rocket Companies , the parent of Rocket Mortgage , offered another round of buyouts to its employees on Wednesday, a spokesperson confirmed to HousingWire. Rocket is offering between 12 and 24 weeks of pay, depending on the employee’s tenure at the company, along with extended benefits. It targeted around 2,000 or so workers.