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FBI: Cybercrime losses topped $20.8B in 2025, real estate fraud hit $275M

The FBI’s Internet Crime Complaint Center (IC3) received 1,008,597 complaints of cyber-enabled crime in 2025, with reported losses surpassing $20.8 billion — a 26% increase from the previous year. Real estate fraud alone accounted for 12,368 complaints and $275.1 million in losses, showing a continued and growing threat for housing professionals and their clients. Business email compromises — a...

As retirement slips further away, workers prioritize stability and senior home equity

America’s workers are clinging to their jobs at a decade-low quit rate of 2%, driven by fear rather than fulfillment, new data shows. The research from Economist Enterprise surveyed 2,063 full-time employed Americans ages 18 to 62 across industries, including energy, manufacturing, media, financial services and government. It found that 62% of workers now prioritize long-term job security over...

Virginia cities gain new tools to increase affordable housing supply

For Virginia state Sen. Jeremy McPike, the third attempt was the charm for a bill that lets municipalities rezone to encourage affordable housing. It just took a new governor. Gov. Abigail Spanberger signed into law this week a measure giving every city and county in Virginia the authority to adopt an affordable housing program, marking a major shift in how local governments can use zoning to boost...

Manhattan Retail Tightens as Availability Hits Record Low in Early 2026

Manhattan's prime retail corridors tightened further in the first quarter, with availability falling to the lowest level on record even as consumer spending showed signs of strain, according to a new report from JLL. Average availability across key shopping districts -- including Fifth Avenue, SoHo and Times Square -- held at 13.7% in the first three months of 2026, matching the prior quarter and marking...

New Cheval Holdings acquires Surge, appoints Jimmy Gillespie as CEO

Surge, a partner intelligence platform for wholesale mortgage lenders, has been acquired by New Cheval Holdings as the wholesale channel faces tighter scrutiny on broker oversight and market share pressure from retail and direct-to-consumer lenders. The transaction brings dedicated ownership and institutional backing to a platform used by wholesale lenders that are regularly ranked among the top 25 in...

Lower’s John Berkowitz on building lead generation certainty with Movoto Advantage

After being acquired by mortgage lender Lower in May 2025, executives at real estate listing portal Movoto said they hoped to use Lower’s network to connect more consumers with top local real estate agents and mortgage professionals. This vision — which was first explained to HousingWire by John Berkowitz, former Movoto CEO and current president of real estate at Lower — appears to have started...

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