By Callie Kelley’s estimate, home sales in Boise, Idaho, dropped by 20% annually in October 2022 when mortgage rates had doubled from their post-pandemic low points. “In May 2022, we had a 60% annual gain and that was the peak. And then we lost 20% of that five months later, and the market has kind of just piffled along from January 2023 to January 2025,” said Kelley, the broker-owner of...
The legal woes for RealPage keep piling up. The property management software company was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin, who alleges that RealPage conspired with 10 landlords to artificially inflate rent for “tens of thousands of New Jerseyans.” The complaint — which contains heavy redactions — charges RealPage and the...
A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group. EquityIQ, the proprietary reverse mortgage product from Onity subsidiary PHH Mortgage Corp.’s reverse mortgage brand Liberty Reverse Mortgage, is now available through the company’s wholesale lending...
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A coffee table is many things: a place to set your drink, a footrest, somewhere to stash the remote and — of course — a beautiful decorative addition to your living room. Or, at least, it has the potential to be all of these things. Your coffee table can also become a cluttered mess if you aren’t...
Image New directives narrow the scope of shareholder proposals and prompt companies to reassess sustainability...
Image Alimchandani also highlights recent SEC priorities and...
Aging infrastructure and home affordability are rising challenges for Florida For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets. From 2021 to 2023, nearly 2.76 million people relocated to the Sunshine State, propelling it to become the third most populous...
An illustration of the Virgin Voyages cruise ship in the Caribbean with piles of money surrounding it. (Image created with ChatGPT4o) Ken DeGiorgio, former CEO of First American Financial Corp., will collect a hefty payout following his termination from the title insurance giant, according to a shareholder report filed with the U.S. Securities and Exchange Commission. First American announced...
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