All Posts in "Real Estate News" Category

For reverse mortgage lenders, the secondary market is a complex balancing act of liquidity, interest rates and government regulations. The industry continues to grapple with challenges stemming from the Ginnie Mae HECM Mortgage-Backed Securities (HMBS) program’s 98% buyout requirement, a rule some say contributed to the 2022 bankruptcy of Reverse Mortgage Funding (RMF). With the highly…

A couple paid $2.5 million for a townhouse that needed a gut renovation. Eighteen months later, they were crazy about the result.

The 1916 Beaux-Arts mansion, once owned by Cecil B. DeMille, sits in the hilly neighborhood of Los Feliz. In North Carolina, the TV-famous home from “Dawson’s Creek” has sold.

The administration has proposed cutting the Community Development Financial Institutions Fund (CDFI) from $324 million to $119.5 million in fiscal 2027, a 63% reduction from the level Congress enacted for 2026. The justification centers on waste, fraud and abuse, along with a push to redirect capital toward rural communities. That framing misses the point. If…