Longbridge endures Q1 loss, but leaders tout ‘positive contributions’

Despite a slowdown in overall Home Equity Conversion Mortgage (HECM) volume in the first quarter of 2025, Longbridge Financial contributed positively to parent company Ellington Financial. Overall performance at Ellington saw $31.6 million in net income to common stockholders, up from $22.4 million

Frederick Warburg Peters joins Brown Harris Stevens

The founder of Warburg Realty Frederick Warburg Peters is joining Brown Harris Stevens. The New York-based firm announced Peters’ move on Thursday. Peters founded Warburg Realty in 1991 before selling it to Coldwell Banker in 2021. Frederick Warburg Peters “The choice of Brown Harris Stevens was an

NAR: Home prices are up in 83% of metros

Home prices rose in more than 80% of U.S. metro areas in the first quarter of 2025 — even as affordability remained stretched and fewer markets posted double-digit gains. According to the National Association of Realtors (NAR), 189 of 228 metro areas (83%) saw year-over-year increases in the median

As economic concerns mount, home equity lending is viewed more favorably

Nearly 30% of U.S. homeowners would consider tapping their home equity via products like a home equity line of credit (HELOC) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years. This comes from survey data collected by Mer