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FHA seeks mortgage defect taxonomy changes for cases of TPO fraud, misrepresentation

The Federal Housing Administration (FHA) this week announced a proposed Mortgagee Letter (ML) that would add fraud and misrepresentation to its defect taxonomy list for Title II FHA-sponsored mortgage financing. The defect taxonomy includes a list of attributes that FHA can use to identify potential defects at the loan level based on policy requirements from the U.S. Department of Housing and Urban...

MBA to HUD: Publish notices about challenges with real estate inspection protocols

The Mortgage Bankers Association (MBA) on Tuesday announced its submission of a letter to the U.S. Department of Housing and Urban Development (HUD), which urges the department to avoid reprimanding mortgage servicers for compliance lapses with the new National Standards for the Physical Inspection of Real Estate (NSPIRE) system until it is “fully accessible and usable to each participant.” The...

Gen X has regrets about retirement savings, study suggests

Members of Generation X are more concerned about their post-retirement ability to support the lifestyles they’ve grown accustomed to when compared with other generations — including baby boomers and millennials — according to the results of a recent survey conducted by Allianz Life. In the company’s 2024 Annual Retirement Study, respondents indicated that 62% of Gen Xers “feel confident about...

Home price growth slows to lowest level since January 2023: Redfin

U.S. home prices are growing at their slowest pace in nearly a year and a half, according to Redfin‘s home price index that was published on Tuesday. Home prices rose 0.26% month over month in May, down from a monthly increase of 0.44% in April. Last month’s reading marked the smallest monthly increase on a seasonally adjusted basis since January 2023. National home prices were up 7.16% year over...

Christina Ricci’s “Hollywood Houselift” home — with interiors by Jeff Lewis — lists for $2.25M

Now that Jeff Lewis and his talented team of designers have finished revamping Christina Ricci’s home, the actress is listing her Woodland Hills pad for sale. Fresh off the heels of a Hollywood Houselift appearance, where Lewis brought the team in to renovate the kitchen and primary bathroom for season two of the celebrity home reno show, the 4-bedroom home popped up for sale with a $2,249,000 asking...

20 Kitchen Countertop Ideas for Any Design Style

From marble to butcher block, discover the best material for your kitchen aesthetic and cooking style. ' title='White kitchen '> Meghan Beierle-O'Brien Kitchen countertops provide far more than aesthetics: They are hardworking surfaces that should reflect your cooking and entertaining style just as much as your design preferences. When renovating a kitchen, choosing the countertop may seem like...

Your Pickleball Sessions Just Got Prettier with Rifle Paper Co.’s New Collection

Everyone will want to steal your paddles with this limited-edition collaboration. Rifle Paper Co. Florals are coming to pickleball courts this summer—and probably not in the way you'd expect. Stationery and lifestyle brand Rifle Paper Co. teamed up with elevated pickleball brand Tangerine, to create the most aesthetically pleasing equipment you've ever seen. Two new limited-edition printed...

21 Plants for Sandy Soil That Thrive in Dry Conditions

These flowers, herbs, and other plants for sandy soil don’t mind less-than-perfect growing conditions. Edward Gohlich Sandy soil can be a challenge for gardeners. It has a reputation for being one of the poorest soils for growing plants because it’s low in nutrients and doesn’t hold much water. It also warms and cools quickly in response to air temperature, causing some plants to go dormant...

Why Your Lawn Is the Top Curb Appeal–Boosting Feature of the Year

A new report from Thumbtack reveals that a well-maintained lawn is of the utmost importance. Marty Baldwin According to the 2024 Curb Appeal Trends Report by Thumbtack, it's officially “The Year of the Backyard.” Homeowners are heavily investing in outdoor improvements this year—but creating a little oasis extends to the front yard too.Published June 11, the report—which is based on a...

Meghan Markle’s American Riviera Orchard Just Hinted at 2 New Items

The slow rollout of American Riviera Orchard continues with the soft launch of raspberry jam and dog biscuits. KOLA SULAIMON / Getty Images Meghan Markle, the Duchess of Sussex, announced lifestyle brand American Riviera Orchard in March, but the launch itself has been slow and steady—and she's building further anticipation with the recent rollout of two new products.According to Town &...

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