As high property taxes continue to be a source of financial strain for homeowners, a proposal floated last month by Florida Gov. Ron DeSantis (R) to ban property taxes in the state appears to be gaining traction, according to a new report in the Wall Street Journal. The plan, while popular, is not without risk to the state’s revenue system, since a removal of property taxes would make the state far...

Despite having lower overall volumes when compared to the forward mortgage business, Liberty Reverse Mortgage remains one of the more profitable segments of parent company Onity Group’s portfolio, according to information shared by executive leaders at a recent investor presentation. At this month’s Sidoti Virtual Investor Conference, Onity leaders including CEO Glen Messina and chief financial...

Cannae Holdings Inc., the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management. Carronade points to actions it claims have contributed to a loss of almost $1 billion in shareholder value. The firm holds 2.9 million shares in Cannae and took...

These play spaces are no child’s play. In one of the cutest design trends to catch our eyes lately, high-end condo buildings across New York City are creating design-forward spaces and amenities to appeal to their youngest residents — and to attract luxury buyers who prioritize family-friendly amenities, without compromising on aesthetics. New developments and building conversions alike have...

On one of the most coveted blocks in SoHo, a 2-bedroom residence inside a boutique condo building is up for grabs. But it’s far from your cookie-cutter city pad! Featuring exposed brick walls, double-height ceilings, and striking curved honeycomb skylights, it’s hands down one of the coolest lofts we’ve seen lately. Listed for $2,395,000 with Douglas Elliman’s Frances Katzen, the distinct...

Living rooms don’t often require the major remodeling steps that kitchens and baths do. But the opportunity to play with paint, furniture, wallpaper, drapery, rugs, millwork and other details offers tremendous potential for creating fashionable, functional and fun spaces. Here, designers share...

There are a lot of details, both big and small, to think about when designing or remodeling a bathroom. And I believe that to create a space that truly works for you, investing extra time and money on custom storage in the planning stages will be worth it in the long...

U.S. mortgage demand declined last week following the first rise in mortgage rates in nine weeks. According to the Mortgage Bankers Association's seasonally adjusted index, total mortgage application volume fell by 6.2% compared to the previous week. The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.72% from 6.67%, while points,...

One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), on Thursday announced the appointment of two new members to its board of directors — including a former U.S. senator. Andrew Essex Andrew Essex, whom the company describes as a leader in marketing and brand strategy, formerly served as CEO of advertising agency Droga5. The company aims to leverage his expertise in...

The top executives at Freddie Mac, along with a top HR official at the Federal Housing Finance Agency (FHFA), were fired today, according to a report on SEMAFOR. The publication reported that Freddie Mac’s CEO, COO and head of HR plus the FHFA’s COO and head of HR were all fired on Thursday. The news was first reported by Semafor reporter Eleanor Mueller on social media platform X as well as in...