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Senior home equity at record high as Trump opposes price cuts

President Donald Trump has drawn a firm line on housing policy — he doesn’t want prices to fall, even as affordability concerns dominate voter surveys and construction slows nationwide. “I don’t want to drive housing prices down. I want to drive housing prices up for people that own their homes, and they can be assured…

Colony Ridge settles predatory lending claims for $68M

Texas-based land developer and lender Colony Ridge Land LLC has agreed to pay $68 million to settle allegations of predatory practices against Hispanic borrowers. A portion of the funds will be used to support immigration-related law enforcement. The case dates back to December 2023, when the U.S. Department of Justice (DOJ) and the Consumer Financial…

FirstTeam expands into Arizona with new Scottsdale office

FirstTeam is expanding into Arizona. On Tuesday, the firm announced the opening of FirstTeam Scottsdale. “Our expansion into Arizona represents an important next step in our national growth strategy,” Michele Harrington, the CEO of FirstTeam, said in a statement. “This new office strengthens our presence in the Southwest and allows us to bring our agent-first…