Freddie Mac posted a strong start to 2026, reporting $3.6 billion in first-quarter net income as lower mortgage rates boosted refinancing activity and the government-sponsored enterprise (GSE) continued to build capital. Its profit rose from $2.5 billion in the fourth quarter of 2025. Speaking during the company’s earnings call on Thursday morning, Jim Whitlinger, the…
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Allen Price will quickly correct you if you call home equity investment (HEI) customers “borrowers” or the product a “loan.” “These are not borrowers because they are not borrowing money. This is not a loan but a contract,” said Price, head of sales at BSI Financial Services, which services HEI portfolios for top originators in…
With nary an inch of wall space to spare, a couple of art collectors looked for a house that could hold their ever-expanding lives.
This week’s properties are a waterfront house in Long Beach, N.Y., and a lodge-like home in Jackson, N.J.