New Bill Would Let College Savers Use Leftover Money To Buy a First Home

A bipartisan bill could let people use a common college savings financial tool to pay for their first house. The First-Time Homebuyer Empowerment Act would let people use up to $35,000 from a 529 college savings account for a down payment on their first home. It's the latest idea in a line of congre

Acrisure Mortgage names Todd Boss president

Acrisure Mortgage announced Thursday that it has appointed Todd Boss as president, succeeding Joe Nunziata, who was recently promoted to president of Acrisure Real Estate Services. Boss will oversee the day-to-day operations of Acrisure Mortgage, including its nationwide mortgage platform, sales org

Side CEO says independents are the future, launches SideOS

While much of the housing industry is focused on the current wave of consolidation consuming the space, real estate brokerage Side is placing its bet on local and regional independent brokerages being the future of the industry. “The prevailing narrative in the industry today is that there are going

Brokers say it’s ‘business as usual’ with UWM despite loss, capital raise 

Mortgage brokers working with United Wholesale Mortgage (UWM) say it remains “business as usual” following the lender’s second-quarter loss and a multibillion-dollar capital raise, with no noticeable impact so far on day-to-day loan production. The Pontiac, Michigan-based wholesale lender reported l