2025

Longbridge appoints new head of credit policy, underwriting and QC

Financial services veteran Patrick Halonen has joined reverse mortgage lender and servicer Longbridge Financial as the company’s new head of credit policy, underwriting and quality control. “With over 25 years of expertise in the financial services industry, Halonen’s appointment underscores Longbridge’s continued commitment to enhance its operational frameworks as the company continues to...

Mortgage industry veteran Tammy Richards takes on new role at Kind Lending

Chief operating officer Tammy Richards is taking on a new role at Kind Lending. Richards announced Tuesday on LinkedIn that she’s now the president of retail at Kind Lending, a move that comes a little less than a year after she joined the company. She had an association with Kind Lending before being hired as COO, as the company was a client of LendArch, the mortgage consulting firm she founded in...

NRMLA supports Hawaii bill seeking state-run reverse mortgage program

After taking the time to digest elements of a proposal from lawmakers in Hawaii, the National Reverse Mortgage Lenders Association (NRMLA) has expressed support for a measure to establish a state-run Home Equity Conversion Mortgage (HECM) program there. In a letter submitted by NRMLA to sponsor lawmakers at the end of February, the association explained that it “strongly supports” the adoption of...

4 Dream Homes With Lakeside Views (4 photos)

If you fancy a bit of armchair travel, treat yourself to a tour of this collection of lakeside homes on Houzz. From a rustic cabin in Minnesota to an apartment within a former convent in Como, Italy, these properties have one thing in common — spectacular views out over the water and clever...

10 Times to Hire a Kitchen Designer (10 photos)

Wondering if it’s time to hire a kitchen designer? These design pros are experts at creating well-thought-out, functional spaces and are always up on the latest in kitchen design trends. If you’re thinking of undertaking a major kitchen remodel, renovating an old house or creating your dream...

U.S. Builder Sentiment Declines Amid Economic Uncertainty and Rising Costs

Economic uncertainty, potential tariffs, and high construction costs contributed to a decline in U.S. builder sentiment in March 2025, despite optimism that regulatory changes could improve business conditions. According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), confidence among U.S. home builders in the newly built single-family home market fell to...

The state of the reverse mortgage business in early 2025

Reverse mortgage business in the early part of 2025 has been humming along consistently, though not exactly “booming” as mortgage rates remain elevated and lenders are moving on their own initiatives to expand business and further forge partnerships with the forward mortgage side of the industry. This is according to descriptions by some of the major lenders themselves, as well as a conversation...

What went wrong at Redfin?

Glenn Kelman seemed unusually down. The Redfin CEO’s playful demeanor and quotable banter was notably absent on the company’s fourth-quarter 2024 earnings call at the end of February. There could have been many innocuous reasons for sounding a bit deflated — not enough sleep or a bad day at work. But in light of Redfin’s blockbuster sale to Rocket Mortgage that was announced less than two...

The housing market is ‘failing older adults,’ Urban Institute says

The state of the U.S. housing market — particularly its levels of affordability, available inventory and accessibility for those with mobility or cognitive challenges — presents a unique challenge for older Americans on fixed incomes. This has led to a “failure” to properly serve the senior cohort. These are the assertions of a report published last week by the Urban Institute. The organization...

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