FHA head says more housing counselors should have reverse mortgage training

FHA head says more housing counselors should have reverse mortgage training

Federal Housing Administration (FHA) Commissioner Julia Gordon thinks that more U.S. Department of Housing and Urban Development (HUD)-approved housing counselors should be trained to work with Home Equity Conversion Mortgage (HECM) borrowers,... Read more »
FHA head says more housing counselors should have reverse mortgage training

Reverse mortgage industry prepares for annual meeting in San Diego

The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. 24-26 in San Diego. The event... Read more »
FHA head says more housing counselors should have reverse mortgage training

What happens next for mortgage lenders after the Fed rate cut?

“If we took the worst levels of the spreads from 2023 and incorporated those today, mortgage rates would be 0.58% higher right now,” Mohtashami wrote. “While we are far from being average with... Read more »
FHA head says more housing counselors should have reverse mortgage training

Profit margins are up for home flips — but there’s a catch

After years of declines, home-flipping profits are coming back. That’s according to a report released this week by Attom, which showed that the typical profit on a flip in the second quarter... Read more »
Program offers Long Beach homeowners low-interest loans to build ADUs

Program offers Long Beach homeowners low-interest loans to build ADUs

Eager to boost the supply of affordable housing, city officials in Long Beach devised a program that could help a limited number of homeowners build an extra unit on their land. But... Read more »
Off the Cuff: A Q&A with Brown Harris Stevens’ Bess Freedman

Off the Cuff: A Q&A with Brown Harris Stevens’ Bess Freedman

Bess Freedman became CEO of Brown Harris Stevens in 2018. Image courtesy of Brown Harris Stevens Introducing “Off the Cuff,” a new Q&A series from Luxury Daily exploring the career paths, current... Read more »
Just Listed | 206 Tresana Boulevard #8

Just Listed | 206 Tresana Boulevard #8

Celebrate the 𝗕𝗘𝗔𝗨𝗧𝗬 of Home ECHOnomics…A JEWEL IN JUPITER COUNTRY CLUB2 Beds | 2 Baths Breathtaking views could be yours from this exceptional single-story carriage home, boasting numerous luxurious upgrades and set... Read more »
6 Weird House Smells: Which Ones Are Concerning?

6 Weird House Smells: Which Ones Are Concerning?

By Courtney Klosterman, home insights expert at Hippo home insurance. Unpleasant odors in a home can be more than just a nuisance. Sometimes, weird smells in the house can be early warning... Read more »
Britain’s ultra-wealthy exit ahead of proposed non-dom tax changes

Britain’s ultra-wealthy exit ahead of proposed non-dom tax changes

Street scene in Old Bond Street, Mayfair, London, United Kingdom. Pawel Libera | The Image Bank | Getty Images LONDON — Monaco, Italy, Switzerland, Dubai. They’re just a few of the destinations... Read more »
9 Proven Strategies To Keep Retention Rates High When Business Is Slow

9 Proven Strategies To Keep Retention Rates High When Business Is Slow

September means Back to Basics here at Inman. As real estate navigates the post-settlement era with new commission rules, real estate professionals from across the country will share what’s working for them,... Read more »