Reverse mortgage software pioneer Jerry Wagner has died

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software, died in February. Prior to embarking on his forays into the reverse mortgage industry, Wagner served as chief operating officer for San Diego Financial Corporation, at the time the largest bank holding...

EXCLUSIVE: An $18.95M contemporary home in one of Miami Beach’s top neighborhoods

One of the sleek contemporary mansions that line the waterfronts of Miami Beach’s desirable Venetian Islands is looking for new owners. Located on Rivo Alto Island, the property is listed for $18,950,000 — right on par with comparable homes on the man-made island, where contemporary mansions with waterfront access are currently asking as much as $38 million. Nearby, another house is listed for $24...

One Trillion Dollars of America’s Commercial Property Loans Mature in 2025

The Mortgage Bankers Association's latest Commercial Delinquency Report reveals that commercial mortgage delinquencies in the U.S. increased during the fourth quarter of 2024. Mike Fratantoni "Delinquency rates for commercial mortgages rose in Q4 2024, with the exception of life company loans, which experienced a slight decline," said Mike Fratantoni, MBA's Senior Vice President and Chief Economist....

No, homeowner delinquency rates aren’t elevated

Homeowner delinquency rates are rising from record low levels but aren’t even back to pre-COVID-19 levels yet. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. This situation has prompted me to write this article and bring some reality into this discussion because the narrative being pushed is simply not true. It’s not even a clever...

5 Luxury Wellness Features for 2025 (one photo)

Home wellness features have been taking off in recent years, but it seems lately they have reached escape velocity. To see the latest features and products, check out this highlight of five exciting new luxury home wellness features seen at the Kitchen & Bath Industry Show...

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