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Reverse mortgage industry leader Finance of America (FOA) announced this week that it has restructured its unsecured debt into new, secured debt that will come due beyond the original 2025 maturity date. This is according to an announcement and an 8-K filing with the Securities and Exchange Commission (SEC) that was reviewed by HousingWire’s Reverse Mortgage Daily (RMD). The company and the...

Heather Lovier replaced Bill Emerson as chief operating officer of Rocket Companies following the appointment of the board of directors on June 20. Emerson will remain as Rocket’s president.  An industry veteran, Lovier joined Rocket Mortgage, the company’s lending arm, in 2003. She has focused the past two decades on driving operational excellence and enhancing client experience, the company...

Today, new home sales came in slightly below estimates. The three monthly revisions were positive, but one glaring data line shows why single-family permits have been down for three months. The total active inventory of new homes completed and ready for sale is now above 2019 levels. This means that some builders will be more cautious about issuing permits if they believe they can’t sell the homes they...

iHomefinder is hoping to bolster its business with a new hire. The real estate technology provider has added sales veteran Bryson Womack as vice president of sales, a move that took effect this week. Womack has more than 30 years of experience as a CEO, founder and sales executive. “Bryson has a proven track record of success,” the company said in a statement announcing the hire. “His expertise in...

Florida landlord-tenant laws are put in place to protect the rights of both tenants and landlords in the state. Read on if you’re investing in FL. In this blog,...

Preserve treasured summer memories in your home with these designer-favorite colors. Jacob Fox Summer is undeniably nostalgic. It’s the season of warm nights, carefree bike rides, grilled barbecue dinners, beach days in the sand, and napping under bright blue skies. Even as summer ends, you can preserve those cherished memories throughout your home by choosing an array of colors that evoke the...

Learn the pros and cons of a gable roof, plus how it compares to other popular roof styles. Getty Images / 1000ways A gable roof is a popular roof design that is used with most architectural styles. Not only are gable roofs beautiful, but they're easier to construct than other roof styles, such as hip roofs, mansard roofs, and gambrel roofs. Plus, the simple design sheds water easily and provides...

If you’ve been storing your tomatoes in the fridge, you’re about to flip over this hack. 🍅 Carson Downing The world of produce storage can get confusing. It’s like a game of tug of war between all the “dos” and “don’ts.” Don’t store these items in the freezer. Do keep these fruit and veggie foes apart—unless you want them to spoil faster. Don’t refrigerate a handful of...

These design tips might just make you excited for laundry day. PETER CHRISTIANSEN VALLI Laundry rooms are utilitarian spaces, but that doesn't mean they should be overlooked when it comes to design and style. In reality, you likely spend more time in your laundry room than in some other parts of your home, so make it a space you enjoy being in.Whether it’s fresh paint, eye-catching wallpaper,...

Learn how fabric softener actually works, and when you should—and shouldn't—use it. Getty Images / Vladdeep Fabric softener, also called fabric conditioner, is a laundry product containing lubricating ingredients designed to make clothes feel softer, reduce static cling, and add a fresh scent. When added to a laundry load, it deposits chemical ingredients into fabric fibers. Some fabric...