MBA and NHC express support for housing provisions in GOP tax bill

As the debate over tax reform continues to play out in Congress, housing organizations are lauding the housing provisions in the House of Representatives‘ Ways and Means Committee’s current tax proposal. The National Housing Conference (NHC) praised the housing provisions included in the current draft of the bill through a statement from David Dworkin, its president and CEO. “NHC strongly...

11 Ways to Age-Proof Your Bathroom (14 photos)

If you’re planning to stay in your house for the rest of your life, consider renovating your bathroom with accessibility in mind. Along with kitchens, bathrooms are one of the spaces homeowners use the most. They also happen to be wet zones. Reducing slip hazards and ensuring adequate lighting and...

Tuscany’s Property Boom Driven by Wealthy Foreign Buyers

France, the United States and United Kingdom are top feeder markets The Italian city of Lucca has emerged as a top performer in Tuscany's luxury real estate market, with property prices soaring 27% over the past five years, according to a new report from global property consultancy Knight Frank. The surge, attributed to Lucca's relative affordability and growing international demand, outpaces other Tuscan...

Fathom stays optimistic about agent compensation plan even as losses mount

Fathom Holdings Inc. is under pressure to turn its business around, and CEO Marco Fregenal thinks its new agent compensation model can do that. On the company’s first-quarter earnings call on Tuesday, Fregenal touted Elevate, which provides agents with a 20% commission split and support systems to streamline their work. Launched at the beginning of April, Fregenal said he believes the new program...

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...

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