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June 2025

The proprietary reverse mortgage landscape is getting crowded

Finance of America, HWmember, Liberty Reverse Mortgage, Longbridge Financial, Mutual of Omaha Mortgage, Onity Group, PHH Mortgage Corp, Reverse /

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to restrict HECM volume, according to industry professionals and analysts. In […]

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How important is public transit for aging in place?

Aging in Place, Canada, HWmember, Retirement, Reverse /

As the preference to age in place continues to dominate among those planning out their later lives, people actually living with the preference may find they need to make adjustments to certain parts of their routines to accommodate costs, access services and maintain social relationships. One key tool that might be able to assist with

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This NYC mayoral candidate wants to make property taxes a core election issue

Housing Market, HWmember, New York, New York City, Politics, Property Tax /

The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one for people around the

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Ginger Wilcox’s leadership formula at Better Homes & Gardens Real Estate

Anywhere, Better Homes and Gardens Real Estate, Brokerage, HW Women of Influence, HWmember, Real Estate, RealTrends Verified Rankings, Team Leaders /

Before she ever stepped into the role of president at Better Homes and Gardens Real Estate, Ginger Wilcox had lived nearly every side of the real estate business. She previously worked as an agent, learning the intense demands of serving clients through one of life’s biggest financial decisions. She also operated as a broker, understanding

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Developer sues Denver over its affordable housing fund

Affordable housing, Colorado, Construction, Denver, Homebuilders, Housing Market, HWmember, Lawsuit, Legal /

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the city’s dedicated affordable housing fund. The company, redT Homes, states that it’s the Denver area’s “only residential real estate development company […] offering a full suite of services,

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Americans tapped $25B in home equity in Q1 2025

HELOCs, Home Equity, HWmember, ICE Mortgage Technology, LendingLife, Mortgage, Mortgage Rates, Origination /

U.S. homeowners tapped nearly $25 billion in home equity through second-lien mortgages during the first quarter of 2025 — the largest volume for this period in 17 years, according to the ICE Mortgage Technology‘s newest Mortgage Monitor report. That marks a 22% increase compared to the same quarter last year. The first quarter is typically

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Top Connecticut team returns to Coldwell Banker Realty

Anywhere, Brokerage, Coldwell Banker, Connecticut, HWmember, Real Estate /

Coldwell Banker Realty is welcoming another top-producing team. The Anywhere–owned brokerage announced Monday that the Fowler Sakey Team is making the move from William Raveis to Coldwell Banker. The Connecticut-based team will be joining the Fairfield Coldwell Banker Realty office.  “We are thrilled to welcome the Fowler Sakey Team to Coldwell Banker Realty,” Steven Thomson,

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DOJ seeks early end to NJ bank’s redlining consent order

DOJ seeks early end to NJ bank’s redlining consent order

Consumer lending, Law and legal issues, Redlining /

Graeme Sloan/Bloomberg The Department of Justice, which recently terminated one Biden-era fair lending consent order, is now pushing to free another bank from its obligations under a three-year-old redlining settlement. The DOJ filed an unopposed motion last week asking a federal judge to dismiss the department’s consent order with New Jersey-based Lakeland Bank more than

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Former Fed vice chair Stanley Fischer dies at 81

Former Fed vice chair Stanley Fischer dies at 81

Federal Reserve, Monetary policy, Obituaries, Politics and policy /

Former Federal Reserve Vice Chair and noted macroeconomist Stanley Fischer, who passed away Saturday at 81.Bloomberg News (Bloomberg) — Stanley Fischer, a professor and practitioner of macroeconomics who helped guide central banks in two countries, Israel and the US, and mentored a younger generation of economic decision-makers, has died. He was 81. He died on

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