High costs and emotions are driving aging-in-place preferences

High costs and emotions are driving aging-in-place preferences

Data from research organizations and aging advocacy groups is clear: More older Americans want to age in place in their own homes, as opposed to living in dedicated care facilities. To get... Read more »
Online lender slapped for allegedly deploying unlicensed LOs

Online lender slapped for allegedly deploying unlicensed LOs

California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. Connecticut Banking Commissioner Jorge Perez alleged that LoanSnap... Read more »
High costs and emotions are driving aging-in-place preferences

FAR’s CMO on reverse mortgage industry headwinds, the role of market research

Finance of America Companies (FOA) Chief Marketing Officer Chris Moschner found himself working for the lender in the wake of its acquisition of American Advisors Group (AAG), and Moschner previously told RMD... Read more »
Palm Springs Home Market Choked by Airbnb Rules

Palm Springs Home Market Choked by Airbnb Rules

Investors who once saw shimmering profits in Palm Springs Airbnb rentals have hit an impasse. A cap on short-term rentals in the Coachella Valley hub has all but frozen the housing market... Read more »
High costs and emotions are driving aging-in-place preferences

A&D Mortgage expands operations in Arkansas and Mississippi

Nonqualified mortgage (non-QM) wholesale lender A&D Mortgage has obtained licenses to originate loans in Arkansas and Mississippi, the company announced on Thursday.  “This expansion is not only about growing our business; it’s... Read more »
High costs and emotions are driving aging-in-place preferences

2023 New home sales helped the economy avoid a recession 

People say that housing leads the economy into a recession: this is true when new home sales and housing permits fall together. When that happens, the builders start laying off workers before... Read more »
US Economy Surpasses Expectations with Strong Growth in 2023

US Economy Surpasses Expectations with Strong Growth in 2023

The United States economy exhibited remarkable resilience as it closed out the year 2023 with a robust performance, surpassing earlier predictions. The advance estimate of the fourth-quarter Gross Domestic Product (GDP) revealed... Read more »
A new law allows homeowner to sell ADUs like condos

A new law allows homeowner to sell ADUs like condos

Accessory dwelling units, also referred to as ADUs and “granny flats,” have been available in California only as rentals. But a new law, Assembly Bill 1033, is giving Californians the opportunity to... Read more »
Senate considers flood insurance reforms, but roadblocks remain

Senate considers flood insurance reforms, but roadblocks remain

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on Thursday that focused on the reauthorization of the National Flood Insurance Program (NFIP), showing that its bipartisan support... Read more »
Lifestyle aspirations driving buyer interest in luxury homeownership: ILHM

Lifestyle aspirations driving buyer interest in luxury homeownership: ILHM

Experiences are at the core of what luxury homebuyers are looking for in new potential buys. Image credit: ILHM At a recent virtual event, the Institute for Luxury Home Marketing (ILHM) broke down a... Read more »