Finance of America grows reverse mortgage volume despite Q2 net loss of $29M

Finance of America Companies Inc. (FOA) grew its reverse mortgage and home equity funding volume 21% year over year in the second quarter of 2026, even as non-cash fair value marks in its portfolio business drove a net loss of $29 million from April through June. The Texas-based lender on Tuesday reported $730 million in funded volume for the quarter ending June 30, up from $602 million during the same...

Agent productivity drives record quarter for AGNT, eXp Realty

AGNT Inc. — formerly eXp World Holdings — reported record second-quarter revenue as eXp Realty continued to increase agent productivity, transaction volume and market share. Leaders touched on those results and the company advancing its operation of multiple brokerage models during a Tuesday earnings call, following its May acquisition of NextHome. The company reported $1.4 billion in...

M/I Homes doubles down on specs as other builders pull back

As many homebuilders scale back on spec inventory to preserve margins, M/I Homes continues to hew to a contrarian strategy: More specs.  During earnings calls for Q4 2025 and Q1 2026, M/I Homes executives reiterated their plans to maintain a spec-heavy playbook. The company’s Q2 2026 earnings call last week indicates that the M/I team will stay the course as an outlier. About 78% of M/I Homes’...

loanDepot narrows Q2 net loss as home equity lifts margins

loanDepot reported a sharply narrower net loss in the second quarter as the lender expanded its home equity business, increased loan production and improved operating leverage. The company posted a net loss of $6.6 million for the second quarter ended June 30, compared with a loss of $54.9 million in the first quarter. Revenue increased 18% from the prior quarter to $337.3 million, while loan...

Collier County private inspections fray sparks Florida turf war

Florida’s new push to accelerate homebuilding is hitting up a familiar wall of resistance in the Naples area: local resistance. Instead of fighting over zoning, the battle is about permitting. Private-provider inspectors say Collier County officials have thwarted third-party inspections required under state law. State lawmakers strengthened that law last year. It took effect July 1. Florida,...

10 Bathrooms With Thick Vanity Countertops (10 photos)

Thick vanity countertops that add a luxurious touch to a room are showing up lately in bathroom designs. Taller than the typical 1¼-inch (3-centimeter) countertop, they appear to be made of thick stone slabs. In reality, they are created by joining two or more pieces of stone or engineered material...

Mortgage Rates Hit Year Highs as Iran War Fuels Economic Uncertainty

U.S. Homebuyer Demand Falls to Four-Month Low as Buyers Hit Pause U.S. housing demand weakened further in late July 2026 as rising mortgage rates, persistent inflation concerns, and growing economic uncertainty tied to the Iran conflict pushed more prospective buyers to the sidelines. Mortgage rates climbed to their highest level in more than a year, reaching 6.85% at the end of last week, as financial...

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