In Chicago, a reverse mortgage scammer left a lasting scar

Mark Diamond has been sentenced to 17 years in federal prison for his crimes against elderly homeowners, but the scars from the damage he inflicted across the Chicago metro area are still visible. A recent report from a local publication, the South Side Weekly, detailed one family’s struggle to recover from Diamond’s scams. Louise Minter was tricked into taking out a reverse mortgage and had her...

Americans are divided over housing impacts of immigration, tariffs

A new Redfin survey reveals sharp divides among Americans over how immigration and tariffs are affecting housing affordability, reflecting a complex and politically charged landscape. More than half of U.S. homeowners and renters (51.2%) believe that reducing immigration could worsen housing affordability by shrinking the pool of construction workers and limiting the number of new homes built. In turn,...

8 Exceptional New Front Entryways (8 photos)

Side-entrance mudrooms get a lot of attention these days. But a home’s main front entry shouldn’t be overlooked. After all, this is typically the first and last impression a guest has of a home. To make an indelible impact, design and construction pros focus on creating eye-catching surfaces and...

Sluggish Fed Rate Cuts in 2025 Keep U.S. Home Sales on Ice

After two years of historic lows in home sales, the U.S. housing market is expected to rebound in 2025, according to Lawrence Yun, Chief Economist of the National Association of Realtors (NAR). Speaking at the "Residential Economic Issues & Trends Forum" during the 2025 Realtors Legislative Meetings, Yun projected a 6% increase in existing-home sales next year, followed by an 11% jump in...

Judge sets trial timeline for Mutual of Omaha and Longbridge

An order signed by a magistrate judge in the U.S. District Court for the Southern District of California has established a forward timeline for the ongoing lawsuit between major reverse mortgage industry lenders Mutual of Omaha Mortgage and Longbridge Financial. A trial is scheduled to begin in November 2026, according to court documents viewed by HousingWire’s Reverse Mortgage Daily (RMD). Motions to...

Logan Finance launches new product suite for non-QM borrowers

Nonqualified mortgage (non-QM) lender Logan Finance Corp. has launched a new set of loan products designed to serve borrowers who fall outside traditional lending requirements. The “Open Road” product series includes seven mortgage offerings tailored to self-employed individuals, real estate investors and international homebuyers. Logan Finance says the suite is intended to close a growing...

Aging in place increasingly embraced by independent senior living companies

Senior living organizations are often seen by the public as opposing ideas related to aging in place, but one senior living executive says that the industry’s future may lie in facilitating this increasingly common goal. This is according to an interview with Tod Petty, chief marketing officer at Fynn, a senior living care management platform. Conducted by former Reverse Mortgage Daily (RMD) sister...

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