Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral

After lawsuit challenging the government’s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) — which initially filed the lawsuit against Ginnie Mae in 2023 — has...

Appraisal Institute executive accused of harassment withdraws from public appearances

The Appraisal Institute (AI) executive who’s been accused of sexual misconduct by multiple women has decided to keep a lower profile. AI Vice President Craig Steinley will cease making public appearances after an expośe by the New York Times detailed accusations against him of inappropriate comments and groping by current and former AI employees. The news was announced Monday by AI President...

Why foreclosures are still below pre-pandemic levels

According to the most recent credit data from the New York Fed, foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data in general doesn’t look great when accounting for credit card debt, auto loans, and student loan debt...

What’s New in Flooring for 2025 (31 photos)

Smooth and natural flooring in both wood and stone looks continued to dominate the tile and plank collections seen at recent surface materials and building trade shows in Las Vegas. There’s movement away from whitewashed gray and rustic wood flooring, although those choices are still available. And...

Simple Pleasures: The Joy of Fresh Sheets (11 photos)

When you’ve had an especially trying day, there’s nothing quite so restorative as slipping into a freshly made bed. Sinking into crisp sheets, cozy blankets and fluffed-up pillows soothes the spirit and encourages a restful night’s sleep. Here are suggestions to make your bed as delightfully...

U.S. Multifamily Housing Confidence Declines in Early 2025

Confidence in the U.S. multifamily housing market weakened in the first quarter of 2025, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). Both key indicators of the survey--tracking builder sentiment and occupancy levels--declined year-over-year, signaling a more cautious approach among developers amid economic and regulatory...

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