"December 5, 2024" Archives

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Cyberattacks using gen AI on the rise, experts warn

Cyberattacks using gen AI are on the rise, experts warn, and title companies, lenders and real estate firms are all in the crosshairs. On Tuesday, the FBI released a public service announcement warning that bad actors are now enlisting gen AI to commit more sophisticated forms of financial fraud. This is deja vu all over…

Reverse mortgage pros sound off on 2025 HECM limit

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage (HECM) limit for 2025 will be $1,209,750. It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. While the increased limit theoretically increases the borrowing…

Real’s latest roster addition is the 150-agent ROVI Homes

Recruitment efforts have been a mainstay of The Real Brokerage‘s growth efforts in 2024. And the digital brokerage platform continues to grow this week with another affiliation. Real announced Wednesday the affiliation of ROVI Homes, a brokerage operating in the New England states of Massachusetts, Connecticut and Rhode Island, as well as Sarasota, Florida. Following…

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