Washington, D.C., council members are leaning into a growing national trend by relaxing single-stairway rules to cut the cost of building small and mid-rise housing. On Tuesday, the D.C. Council unanimously advanced the One Front Door Act. If it passes on second reading, the maximum height for residential buildings with a single stairway would double…
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U.S. reverse mortgage endorsements rose sharply in March following subdued activity in February, but overall volume remains down compared with recent months, according to data released Wednesday by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements increased 16.3% in March to 2,117 loans. Despite the monthly gain, activity remained below the levels seen…
The National Association of Realtors (NAR) has introduced an expertise-driven application process for its 2027 governance committees, aiming to match members to roles based on their experience, qualifications and leadership background, the trade group announced Thursday. This announcement comes one day after NAR announced plans to sunset some governance groups as part of a committee…
Frost Bank previously announced in 2023 that it was reentering the mortgage business after a multiyear buildup that included system development and pilot programs. Now, reporting from Dallas news outlet WFAA says that the Texas-based bank is coming back swinging with a new program for borrowers who have been priced out of the housing market….