
Could the Trump transition delay some reverse mortgage policy decisions?
The reverse mortgage industry has been anticipating the development of a new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program designed to further address liquidity issues in the aftermath of the collapse of a major lender and issuer. But following the results of
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Inside Jersey Mike’s Founder Peter Cancro’s Multimillion-Dollar Property Portfolio as He Inks $8 Billion Deal
Alexander Tamargo/Getty Images for Best Buddies International Jersey Mike’s founder Peter Cancro is celebrating selling a slice of his business to private equity firm Blackstone for a staggering $8 billion—more than enough to put some of that toward his already impressive property portfolio. The dea
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This doctor says homes must accommodate aging in place
Treating older patients with chronic health conditions can already be a challenge for medical professionals, but some of these challenges can bite harder if a patient endures preventable trauma, including a fall. That’s why it’s so important to ensure a living space is appropriately fashioned for ag
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MBA revises 2025 mortgage rates forecast, and it’s not good
The housing industry expected mortgage rates to come down in 2025. Then Donald Trump got elected president and the Fed cast doubt on how much—and how quickly—it would cut rates. The latest sign that views on interest rates are changing comes from the Mortgage Bankers Association (MBA), which has rel
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