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Real launches three new products during its agent conference

Housing Wire

The final product Real unveiled at RISE is Real Wallet , a financial platform designed to help agents control and manage their finances. based agents can sign up for a business checking account with Thread Bank , which includes a Real-branded debit card. The product is currently available to select agents in the U.S. and Canada.

Agents 435
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New York Community Bank to acquire Flagstar

Housing Wire

New York Community Bank , one of New York City’s largest multifamily lenders, is set to diversify its business strategy with the acquisition of Michigan-based retail bank Flagstar Bancorp. The bank’s stock price was trading at a 26% discount to book value in late January. according to Inside Mortgage Finance.

Banks 397
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Real Brokerage leverages agent count growth for soaring revenue

Housing Wire

Another factor is Reals private-label program, which launched in 2024 and allows brokerage affiliates to keep their branding. Net cash provided by operating activities a measure of how the business is performing outside of investing and financing activities was $48.7 Real also added head count to its nascent mortgage business.

Brokerage 370
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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. Our TPO business is a part of our long-term growth strategy,” Bill Dallas, president of Finance of America Mortgage, said in a statement.

Finance 370
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A closer look at investor attitudes and trends in reverse mortgage stocks

Housing Wire

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. With several top 10 reverse mortgage lenders now active in some form within the U.S.

Investor 370
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Leading Australian reverse mortgage lender undergoes rebrand

Housing Wire

Heartland Bank , the leading reverse mortgage lender in Australia and New Zealand , will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We

Mortgages 448
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F2 Finance wants to capitalize on a fragmented fix-and-flip market

Housing Wire

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire. LendInvest has more than $4.7 billion (£3.7

Finance 370