Serhant hires a familiar name as its first president

Serhant hires a familiar name as its first president

Josh Team is joining real estate brokerage Serhant as its first-ever president, Inman reported on Monday. After taking a three-year break from the industry, Team, the former president of Keller Williams, chose... Read more »
FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Finance of America Companies (FOA) President Kristen Sieffert is bullish on the prospects for the reverse mortgage industry’s leading lender in 2024, particularly after the company went through a series of major... Read more »
Rio Properties sells apartment portfolio in LA and Oakland for M

Rio Properties sells apartment portfolio in LA and Oakland for $30M

Rio Properties has sold a portfolio of five apartment buildings in Los Angeles and Oakland to multiple buyers in deals worth about $30 million. The Westchester-based firm run by David Darling sold... Read more »
FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Watchdog report says CFPB can ‘enhance’ enforcement investigation processes

The Office of the Inspector General (OIG) that overseeing both the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (CFPB) released a report stating that the... Read more »
FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data 

One of the biggest takeaways from the Wednesday press conference held by Federal Reserve Chair Jerome Powell is that the central bank isn’t likely to cut interest rates in March as investors... Read more »
Orange County Housing Market Forecast & Trends 2024

Orange County Housing Market Forecast & Trends 2024

Nestled in the heart of Southern California, Orange County is renowned for its beautiful beaches, diverse communities, and thriving economy. As one of the most sought-after destinations for both residents and tourists,... Read more »
FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Old Republic records 12.8% decline in net income in 2023

Despite cooling interest rates, the title insurance segment at Big Four title firm Old Republic recorded a 22.8% annualized decline in net premiums and fees during the fourth quarter of 2023, which... Read more »
Experts weigh in on whether seniors should get new mortgages: Bankrate

Experts weigh in on whether seniors should get new mortgages: Bankrate

For seniors who have retired, taking on additional debt that requires a monthly payment while being on a fixed income could have ramifications on quality of retirement, and it should be considered... Read more »
FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Federal Reserve holds interest rates steady for a fourth straight meeting

The Federal Reserve’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% at its first meeting of the year on Wednesday.  The... Read more »
Who’s Exempt From Measure ULA Transfer Tax?

Who’s Exempt From Measure ULA Transfer Tax?

When UCLA bought a former mall in West L.A., its seller paid nothing under the city’s “mansion tax.” But when the head of Arizona’s public universities bought a building Downtown, its seller... Read more »