Despite long maintaining a reputation as being behind the times of technology development — whether that is due to a perception of being slow-to-adopt emerging technologies, or due to regulatory compliance concerns — one top 10 reverse mortgage lender has now rolled out hybrid e-closing processes for its Home Equity Conversion Mortgage (HECM) business. Fairway Independent Mortgage Corp. announced...
President Donald Trump’s trade war against China is escalating. The White House confirmed Tuesday that Trump is placing a 50% tariff on China that is in addition to previously implemented or announced levies. Trump hit China with a 20% tariff at the beginning of his term, and his “Liberation Day” tariff rollout included another 34% on China. The new tariff brings the cumulative total on China...
The quarterly U.S. Houzz Renovation Barometer asks more than 1,000 construction and architecture and design firms on Houzz about their expected, current and recent business activity. The just-released Q2 2025 Barometer, fielded March 14-28, was expanded to include...
After kicking off 2025 feeling bullish, construction and design professionals have tempered their optimism about business activity in the second quarter of the year. This follows a significant dip in Q1 performance among construction firms and relatively stable performance among...
This Minnesota couple sold their existing home and vacation cabin to build a beach-style lakeside house in the Twin Cities area, where their extended family could easily gather. To complete the “lake life” experience and nod to Minnesota’s Scandinavian heritage, they requested a bathroom with a...
Image Matthew DiLiberto says SL Green sees growing opportunity through JVs and debt...
Shrink RightSpace Self Storage, Austin, Texas. Photo courtesy of NSA. Expand RightSpace Self Storage, Austin, Texas. Photo courtesy of NSA. CEO David Cramer says simplifying operating structure is a key step as REIT looks...
Image Summit Hotel Properties' Mark Patterson discusses the growing impact of AI on tax processes, stressing the importance of data quality, the right tools, and secure...
A recent report from Las Vegas Realtors reveals that local home prices remain at record levels, while the number of available listings continues to rise. According to LVR, the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service in March 2025 was $485,000 -- matching the all-time high seen in January and February. This represents a 4.3% increase from...
Reverse mortgage industry performance metrics have continued their soft trend into the third month of the year, though activity in the secondary market was slightly higher than the month prior. Home Equity Conversion Mortgage (HECM) endorsements fell in March based on rate increases observed in the late period of 2024, while HECM-backed securities (HMBS) issuance saw an increase in March in a market...
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