Mortgage industry veteran Tammy Richards takes on new role at Kind Lending

Chief operating officer Tammy Richards is taking on a new role at Kind Lending. Richards announced Tuesday on LinkedIn that she’s now the president of retail at Kind Lending, a move that comes a little less than a year after she joined the company. She had an association with Kind Lending before being hired as COO, as the company was a client of LendArch, the mortgage consulting firm she founded in...

CHLA urges FHFA director to keep issues for small IMBs in mind

Given the current housing environment in the U.S., the Federal Housing Finance Agency (FHFA)’s new leader should prioritize the affordable housing footprint across the country, find ways to cut costs in the origination of mortgages and take additional moves designed to mitigate risk. This is according to the Community Home Lenders of America (CHLA), who submitted a letter with its perspectives to new...

Longbridge appoints new head of credit policy, underwriting and QC

Financial services veteran Patrick Halonen has joined reverse mortgage lender and servicer Longbridge Financial as the company’s new head of credit policy, underwriting and quality control. “With over 25 years of expertise in the financial services industry, Halonen’s appointment underscores Longbridge’s continued commitment to enhance its operational frameworks as the company continues to...

4 Dream Homes With Lakeside Views (4 photos)

If you fancy a bit of armchair travel, treat yourself to a tour of this collection of lakeside homes on Houzz. From a rustic cabin in Minnesota to an apartment within a former convent in Como, Italy, these properties have one thing in common — spectacular views out over the water and clever...

10 Times to Hire a Kitchen Designer (10 photos)

Wondering if it’s time to hire a kitchen designer? These design pros are experts at creating well-thought-out, functional spaces and are always up on the latest in kitchen design trends. If you’re thinking of undertaking a major kitchen remodel, renovating an old house or creating your dream...

U.S. Builder Sentiment Declines Amid Economic Uncertainty and Rising Costs

Economic uncertainty, potential tariffs, and high construction costs contributed to a decline in U.S. builder sentiment in March 2025, despite optimism that regulatory changes could improve business conditions. According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), confidence among U.S. home builders in the newly built single-family home market fell to...

The state of the reverse mortgage business in early 2025

Reverse mortgage business in the early part of 2025 has been humming along consistently, though not exactly “booming” as mortgage rates remain elevated and lenders are moving on their own initiatives to expand business and further forge partnerships with the forward mortgage side of the industry. This is according to descriptions by some of the major lenders themselves, as well as a conversation...

The housing market is ‘failing older adults,’ Urban Institute says

The state of the U.S. housing market — particularly its levels of affordability, available inventory and accessibility for those with mobility or cognitive challenges — presents a unique challenge for older Americans on fixed incomes. This has led to a “failure” to properly serve the senior cohort. These are the assertions of a report published last week by the Urban Institute. The organization...

What’s keeping homebuilders from large-scale layoffs?

Today’s new construction report from the Census Bureau showed month-to-month growth in housing starts, but falling housing permits. Both of these data lines are currently still at the levels we saw in the early part of the COVID-19 recession. However, employment for residential construction workers hasn’t fallen at all, even with the decline in housing starts and permits. Why haven’t the homebuilders...

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