Insurance Rates Will Increase for Some Homeowners After 2 California Carriers Are Given Go-Ahead

Getty ImagesCalifornia regulators have cleared the way for two major insurance companies to raise their rates, affecting 666,000 customers in the state still reeling from the recent wildfires, with both insurers blaming skyrocketing construction costs. Mercury General, which is the fifth-largest hom

Buyer of Michael Jordan’s $9.5 Million Chicago Mansion Makes Dramatic Change to Remove NBA Legend’s Legacy

Chris Graythen/Getty Images; HAN Capital; Realtor.comThe longtime Chicago Bulls fan who purchased Michael Jordan’s Chicago-area estate has made a significant update to the property that serves to erase the basketball player’s significant presence in the home.Lincoln, NE, native John Cooper revealed

Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies

In 2024, a key element for the reverse mortgage industry was a sense of newfound collaboration that many industry participants felt with forward mortgage players. Longbridge Financial largely sees that dynamic as one that is likely to continue, according to CEO Chris Mayer.In an interview with Housi

With Ginnie Mae under fire, concern about market disruption is growing

Rumors of large-scale staffing cuts at Ginnie Mae are spooking Wall Street and the housing industry, who fear potential repercussions to the mortgage-backed securities market.Mortgage lenders and developers are reportedly working their contact lists in Washington, D.C. to try and protect the company