Thursday, November 7, 2024

Experts offer tips for aging in place and compare costs to assisted living: CNBC

The data is clear: aging in place is a clear preference for many older Americans making plans for how their later years will play out. But...

Reverse mortgage volume, HMBS issuance fall slightly in January

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit...

FHA removes mandatory mortgage branch registration requirement

The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the...

Sens. Klobuchar, Kaine reintroduce bill to create housing policy plans, boost supply

Democratic Sens. Amy Klobuchar (Minn.) and Tim Kaine (Va.) have reintroduced their Housing Supply and Affordability Act to the U.S. Senate in the hope of establishing...

As House passes bipartisan tax legislation, lawmakers feel pressure from voters on housing

The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move...

9 tips for high-converting real estate landing pages (+ examples)

Sure, your real estate landing pages look great — but do they convert? A good real estate website includes more than just drool-worthy images of homes...

Patriot Bank to pay $1.9M to settle DOJ’s redlining accusations

Tennessee-based community bank Patriot Bank agreed to pay $1.9 million to resolve allegations from the Department of Justice (DOJ) that it engaged in redlining discriminatory practices. The...

loanDepot begins bringing more systems back online after cyberattack

Nonbank mortgage lender and servicer loanDepot has started to restore functionality to some of its technology systems impacted by an early January cyberattack. However, its operations...

Mortgage rates, inventory and demand rise as price cuts fall

Weekly housing inventory data Here is a look at the first week of the year: Weekly inventory change (Jan. 12-19): Inventory rose from 505,223 to 506,414 Same week last...

Current housing inventory insufficient for aging needs, report says

Despite a documented preference that older Americans have to age in place, the current housing inventory is inadequate to support the needs of an aging population....