June 2024

Almost 33 Million U.S. Homes at Risk of Potential Hurricane Damage in 2024

Total reconstruction cost for these properties is estimated at $10.8 trillion Based on CoreLogic's recently released 2024 Hurricane Risk Report, over 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage from hurricane-force winds. The total reconstruction cost for these properties is estimated at $10.8 trillion. It's important to note that not all homes will...

Two major reverse mortgage lenders to sponsor financial planner conference

The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its annual conference this October in Savannah, Georgia, and the event will feature two of the nation’s leading reverse mortgage lenders as key sponsors. Plano, Texas-based Finance of America (FOA), currently the industry leader in the reverse mortgage space, and Paramus, New Jersey-based reverse...

NAF rebrands initiative designed to boost Black homeownership

Multichannel mortgage lender New American Funding (NAF) announced this week the relaunch of its initiative designed to recruit, educate and expand loan officer understanding around issues faced by borrowers of color as “NAF Black Impact.” This replaces the previous branding, “NAF Dream,” to emphasize a corporate commitment to “taking direct, action-oriented steps to address credit...

NAHREP recognizes top 250 Latino mortgage originators

The National Association of Hispanic Real Estate Professionals (NAHREP) this week released the 10th edition of its annual Top 250 Latino Mortgage Originators rankings, honoring the top-performing Latino mortgage originators across the country. For the second year running, DHI Mortgage earned the top position in the report among all companies, followed by Guaranteed Rate and CrossCountry Mortgage,...

South River president on reverse mortgage business, data science and priorities

According to the most recent Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), Annapolis, Maryland-based South River Mortgage is the ninth-largest reverse mortgage lender in the country with 496 endorsements in the 12-month period ending May 31. After hitting milestones in recent years, including a rollout of a proprietary reverse mortgage product and...

Rate-and-term refi locks jump 25.6% in May: Optimal Blue

Rate-and-term refinances rose 25.6% in May as mortgage rates trended down, according to a new report by Optimal Blue. The spike was a response to a modest drop in the 30-year conforming mortgage rate, which dropped to 6.8% on May 15 but ultimately ended the month at 7.02% on the Optimal Blue Mortgage Market Indices (OBMMI). “The sharp increase in demand for rate-and-term refinances following a dip in...

How to Prune Thyme to Keep Your Herb More Productive

Learning how to prune thyme will ensure bushy, vigorous plants full of new growth for your kitchen use. Jurgute / Getty Images If you have just one thyme plant in a container, you may be harvesting enough to encourage plenty of fresh new growth–use it in garlic-thyme sauce or thyme-roasted chicken. But knowing how to prune thyme can help when your plant starts getting leggy or straggly. Keeping...

Walmart’s Patio Sale Includes These 15 Better Homes & Gardens Pieces, Starting at Just $10

Refresh your space with furniture, pots, and more. Better Homes & Gardens / Tyler Roeland It’s not too late to  outfit your deck, porch, or patio with comfortable pieces that are as functional as they are stylish. Our line at Walmart has tons of pieces that meet the mark for every outdoor furniture style—and these 15 shopper-favorites are on sale for as little as $10. Best BHG x Walmart...

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