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Baby boomers and millennials are playing a housing crisis blame game

When assessing the landscape of housing affordability today, conversations between members of the millennial and baby boomer generations can often devolve into finger pointing over which of them is to “blame” for the high costs of housing. New survey data from Clever Real Estate indicates that while the blame game continues, 31% of respondents blame millennials for affordability woes compared to 27%...

FOA debuts new marketing campaign tying home equity to life’s ‘next chapter’

As it aims to appeal to potential clients who may be taking a closer look at tapping into home equity, reverse mortgage lender Finance of America (FOA) has debuted a new marketing campaign in concert with its new creative agency to illustrate the lifestyle impacts of its products. The campaign, called “A Better Way with FOA,” is being referred to as a new “brand platform” by the company. It will...

Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of $430.9 million. These numbers were down from the previous quarter’s figures of $104.5 million and $470.1 million, respectively. The California-based lender’s pretax income was $104.2 million, which was down from $129.4 million in Q4 2024 but up from...

10 Times to Hire a Builder (10 photos)

Wondering if it’s time to hire a homebuilder? Some builders work on custom homes with individual clients in collaboration with the homeowner’s architect, while others are also developers, purchasing land and creating communities of customizable homes. If you’re thinking of building a home or...

Ukraine’s Inzhur Sees Real Estate Investment as Opportunity to Rebuild Nation

Shrink The Ocean Plaza shopping mall is an iconic shopping center in Kyiv and also the first of its kind to be successfully nationalized from sanctioned Russian assets. Photo courtesy of Inzhur. Expand The Ocean Plaza shopping mall is an iconic shopping center in Kyiv and also the first of its kind to be successfully nationalized from sanctioned Russian assets. Photo courtesy of...

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