June 2025

Sluggish Fed Rate Cuts in 2025 Keep U.S. Home Sales on Ice

After two years of historic lows in home sales, the U.S. housing market is expected to rebound in 2025, according to Lawrence Yun, Chief Economist of the National Association of Realtors (NAR). Speaking at the "Residential Economic Issues & Trends Forum" during the 2025 Realtors Legislative Meetings, Yun projected a 6% increase in existing-home sales next year, followed by an 11% jump in...

Judge sets trial timeline for Mutual of Omaha and Longbridge

An order signed by a magistrate judge in the U.S. District Court for the Southern District of California has established a forward timeline for the ongoing lawsuit between major reverse mortgage industry lenders Mutual of Omaha Mortgage and Longbridge Financial. A trial is scheduled to begin in November 2026, according to court documents viewed by HousingWire’s Reverse Mortgage Daily (RMD). Motions to...

Logan Finance launches new product suite for non-QM borrowers

Nonqualified mortgage (non-QM) lender Logan Finance Corp. has launched a new set of loan products designed to serve borrowers who fall outside traditional lending requirements. The “Open Road” product series includes seven mortgage offerings tailored to self-employed individuals, real estate investors and international homebuyers. Logan Finance says the suite is intended to close a growing...

Century 21 expands yet again — this time in Northern California

Century 21 Real Estate has announced a new affiliation with Kobetz Realty Inc., a full-service brokerage based in Ukiah, California. The move expands Century 21‘s presence in Mendocino County and the surrounding region. Founded in 2020 by broker/owner Benjamin Kobetz, the firm will now operate as Century 21 Kobetz Realty. Kobetz, a lifelong Mendocino County resident, transitioned into real...

Federal Reserve watchdog investigates efforts to dismantle CFPB

As Trump administration officials press ahead with their efforts to dismantle and defund the Consumer Financial Protection Bureau (CFPB), the Federal Reserve Office of the Inspector General (OIG) is reportedly opening an investigation into moves to fire the vast majority of CFPB and attempted cancellations of associated federal contracts. According to reporting by CNBC, the watchdog reportedly informed...

Aging in place increasingly embraced by independent senior living companies

Senior living organizations are often seen by the public as opposing ideas related to aging in place, but one senior living executive says that the industry’s future may lie in facilitating this increasingly common goal. This is according to an interview with Tod Petty, chief marketing officer at Fynn, a senior living care management platform. Conducted by former Reverse Mortgage Daily (RMD) sister...

Your Guide to Buying a Bathroom Faucet (20 photos)

When it comes to selecting a faucet for a bathroom sink, there’s more than meets the eye. You may be drawn to a certain look, but it’s important to also think about how the faucet works with your sink, the materials that lie beneath the beautiful finish, which handle type best meets your needs and...

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