Lessinger’s departure comes less than a year after she assumed the role of president. It also comes after RE/MAX has struggled with financial results in recent quarters.
"January 9, 2025" Archives
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After four consecutive quarters of declines, Motto Mortgage had 225 open offices at the end of 2024, down 8 percent from last year’s peak of 246.
2024 is in the rearview mirror, and with many reverse mortgage professionals naming interest rates as the key challenge that defined the year, performance metrics appear to be bearing that out. The reverse mortgage industry’s total annual Home Equity Conversion Mortgage (HECM) volume saw a dip, but there was some shuffling among the leading players…
Nearly half of retirees worry they’ll outlive their savings, while 25% are burdened by housing costs
Forty-five percent of retirement-age survey respondents are concerned that they will outlive their savings while 25% spend nearly one-third of their monthly income on housing costs. This is according to new data released by Clever Real Estate. The survey results show stark declines in overall financial sentiment based on responses from 1,000 retired Americans at…