Open Mortgage has FHA direct endorsement authority terminated in Iowa: The U.S. Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA) direct endorsement approval for Open Mortgage in Iowa.  dlvr.it/T88NPr

Sotheby’s International Realty gains new affiliate in Michigan: The Home Seekers Real Estate Group will rebrand to White Pine Sotheby’s International Realty as it joins the Sotheby's network. dlvr.it/T88J9G

Despite financial insecurities, retirement may be easier than you think: Forbes: An article written by an Atlanta-based certified financial planner indicates that retirement may not be as difficult as many Americans think. dlvr.it/T88J8n

70% of agents oppose NAR settlement: Clever Real Estate: A new survey from Clever Real Estate found that 70% of agents oppose NAR’s settlement, while 67% of consumers support it. dlvr.it/T88HLp

Under stress, loanDepot ‘buys time’ with plan to extend $500M debt: California-based loanDepot plans to extend its $497.8 million senior notes due in 2025. dlvr.it/T881nt

Reverse mortgage consumer complaints decline on a yearly basis: CFPB: Reverse mortgage consumer complaints to the CFPB between January and June 2024 were down compared with the same period one year earlier. dlvr.it/T87zBv

MLS PIN urges Nosalek judge to approve settlement agreement: In a new legal brief, the Nosalek defendant made it clear that it does not agree with the DOJ's stance on cooperative compensation. dlvr.it/T87j9R

Optimal Blue’s new CEO Joe Tyrrell on moving technology’s finish line: 'It's not going to be this generative AI buffet that really doesn't solve anything — it's going to be very specific use cases...' dlvr.it/T87j6P

Rithm Capital closes deal with Great Ajax: The parent company of multichannel lender Newrez on Tuesday announced the purchase of 2.9 million shares of Great Ajax Corp. common stock. dlvr.it/T87fz5

NAR addresses steering in latest settlement agreement update: The trade association says steering is “eliminated” by its commission lawsuit settlement agreement in an update to its settlement FAQs. dlvr.it/T87WmC

VA issues temporary fix to allow buyer-paid broker fees: The change, a result of the National Association of Realtors' commission lawsuit settlement agreement, was anticipated by the VA last month. dlvr.it/T87V5N

What’s new in QC and Compliance: In a market where every dollar counts, quality control and compliance have never been more critical. Trevor Gauthier, CEO of ACES Quality Management, shares key updates on how lenders are managing loan quality and… dlvr.it/T87M0q

Flyhomes acquires ZeroDown, launches AI-powered home search portal: Seattle-based proptech company Flyhomes has acquired the assets of startup ZeroDown and is launching an AI-powered home search portal. dlvr.it/T879N6

Offerpad and Realtor.com team up to make cash offers available to portal users: Through the integration, Offerpad cash offers will be available to Realtor.com users in the 25 markets currently served by the iBuyer. dlvr.it/T879Lh

Real estate broker Oren Alexander and brother accused of rape in New York: Two lawsuits filed in New York in March accuse top broker Oren Alexander and twin brother Alon of raping two women in 2010 and 2012. dlvr.it/T85jjk

Liberty Reverse parent completes rebrand to Onity Group: The parent company of a top 10 reverse mortgage lender just completed a rebranding initiative that includes a new NYSE ticker symbol. dlvr.it/T85cSN

Dunmor adds to its business-purpose lending team: The company hired Tuam Pham as chief marketing officer and Steve Huff as senior vice president of asset management and servicing. dlvr.it/T85T7y

D.C., Chicago are top YIMBY cities for housing development: Real estate marketplace Pacaso revealed the top U.S. metro areas that are “creating a more diverse and plentiful supply of homes.“ dlvr.it/T85QMm

Boomers, millennials locked in ‘showdown’ over housing: Fortune: Baby boomers and millennials are in a face-off over housing, as aging in place conflicts with entry into the housing market. dlvr.it/T85Hty

Homeownership costs jumped 26% since start of pandemic: Bankrate: The average cost of homeownership has increased by 26% over the past four years to more than $18,000 annually, per Bankrate’s Hidden Costs of Homeownership study.  dlvr.it/T85Cj1