Martin J. Levine, co-founder, executive vice president, and chief operating officer of Opteum Financial Services, will retire March 31, according to Opteum Financial's parent company, Opteum Inc., a real estate investment trust based in Vero Beach, Fla.Opteum said Mr. Levine will continue in his EVP role pending his retirement. Mr. Levine co-founded Opteum Financial in 1999 with Peter R. Norden, and he was previously the founder and president of First Builders Financial Corp., which merged with Olde Town Mortgage in 1989 to form First Town Mortgage Corp. Opteum also announced that Robert Filiberto and G. Hunter Haas IV have been appointed co-COOs of Opteum Financial. Mr. Filiberto is senior vice president and chief servicing and technology officer at Opteum Financial, and Mr. Hunter is senior vice president and head of mortgage research at Opteum Inc. Opteum can be found on the Web at http://www.opteum.com.
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First Mortgage Co., a long-defunct lender led by convicted executive Ron McCord, blamed the advisory firm for his failure to accept a $20 million offer.
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About two-thirds of respondents to a NewDay survey said their education about the benefit was lacking either during their time in the service or afterwards.
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Banks are pushing back on the Consumer Financial Protection Bureau's draft of a five-year strategic plan, which includes a notable pullback from supervising nonbanks.
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Over half of all second-home inventory in the U.S. is concentrated in just eight states, with Florida leading the pack, according to analysis by NAHB.
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Certain affiliates of Blue Owl will acquire all outstanding shares of common stock of the healthcare-focused real estate investment trust for $30.38 per share.
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A new EquityProtect scorecard finds 16 states have no deed fraud laws, leaving homeowners vulnerable as real estate fraud losses topped $275 million in 2025, with seniors bearing the heaviest financial burden.
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