While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same challenges. Lenders in other countries who make use of home equity tapping in a similar way can have different perceptions and market activity in their territories […]
Global reverse mortgages in the news: growth, delay and launch Read More »
When you think about the best states for aging in place, the choice retirement destinations likely spring to the top of the list. After all, with high and growing populations of older residents, wouldn’t these states be an ideal place to call home in later life? Not according to a new report from Seniorly Resource
The best state to age in place is not where you think Read More »
Brown Harris Stevens will soon be without its longtime president, Hall Willkie. On Monday, the real estate firm announced that Willkie will be stepping down as New York City brokerage president, effective July 1. But Willkie’s journey with the firm is not over as he will serve as a full-time consultant. His consulting contract is
Hall Willkie steps down as president of Brown Harris Stevens Read More »
Three senators are calling on the Department of Justice (DOJ) and federal watchdogs to investigate whether U.S. DOGE Service aides tasked with downsizing government agencies violated conflict-of-interest laws by holding stocks in companies overseen by thes, according to a recent ProPublica report. The request — sent last week by Sens. Elizabeth Warren (D-Mass.), Ron Wyden
Senators call for investigation of possible DOGE ethics violations Read More »
The Trump administration has studied the possibility of turning Fannie Mae and Freddie Mac into public companies while keeping them under conservatorship — one of several alternatives still under consideration, according to a Bloomberg report published Tuesday. The primary goal of the administration is to reduce the U.S. budget deficit and avoid any increase in
GSEs could go public while staying under government control Read More »
International demand for U.S. real estate ticked up in the first quarter of 2025, with foreign home shoppers increasingly turning their attention to Southern markets — particularly in Florida and Texas — according to a new report from Realtor.com. Miami ranked as the most-viewed U.S. city among international buyers, accounting for 8.7% of all foreign
International interest in US housing market is up Read More »
Citing an issue in which families across Nevada do not have the resources to compete with institutional investors that buy up single-family homes, Rep. Susie Lee (D) has called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to offer transparency when out-of-state landlords purchase foreclosed single-family homes. Lee, who represents part of Las Vegas
Nevada lawmaker targets home purchases by institutional investors Read More »
Rocket Companies scored a win in a derivative lawsuit alleging insider trading by its primary stakeholder, Rocket Holdings, Inc. (RHI), an entity owned by founder and chairman Dan Gilbert, and its board of directors. The lawsuit stemmed from two complaints, one filed by the Doris Shenwick Trust in November 2021 and another by investor Christopher
Judge dismisses insider trading suit against Rocket’s Dan Gilbert Read More »
Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com. The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across all generations said they
Mortgage rates aren’t hampering millennials’ homebuying interest Read More »
Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” One thing he is confident about: If ending the conservatorship results in
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds Read More »