April 2025

Residency requirements top HUD OIG’s list of open reverse mortgage issues

On an online database tracking a series of issues the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) related to the Home Equity Conversion Mortgage (HECM) program, there are four open recommendations according to a review by HousingWire‘s Reverse Mortgage Daily (RMD). Three of them, however, are largely centered on the same issue. The sole outlier,...

Primary suites, kitchens, roofing lead remodel impact report

As homeowners continue to invest in upgrading their living spaces, a new report from the National Association of Realtors (NAR) and the National Association of the Remodeling Industry (NARI) highlights home remodeling projects that offer the greatest personal satisfaction, and those most likely to recoup costs. The 2025 Remodeling Impact Report, released Tuesday, found that adding a primary bedroom...

Landsea Homes Launches Sales For 205 Homes at Two New Communities in Apopka, Florida

Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced the highly anticipated sales launch of 113 new homes at Oakview and 92 new townhomes at Thompson Village in Apopka, Florida. "We're thrilled to officially launch sales at Oakview and Thompson Village, two exceptional communities that reflect Landsea Homes' commitment to quality,...

U.S. Mortgage Demand Spikes 20 Percent in Early April as Rates Drop

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 4, 2025, U.S. mortgage applications jumped 20.0% compared to the previous week. The Market Composite Index, which measures total mortgage loan application volume, rose 20.0% on a seasonally adjusted basis and also increased 20% on an unadjusted basis. Refinancing activity saw a substantial boost....

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