The ‘silver tsunami’ wealth transfer will mostly stay in the family

The nation’s demographics continue to trend older while home prices experienced a run-up during the pandemic. That means most members of the baby boomer generation are sitting on as much as $17 trillion in home equity as of the second quarter of 2024, and they are largely planning to keep that wealt

Jennifer Lopez and Ben Affleck Finalize Divorce—and Agree To Split $68 Million Beverly Hills Mansion That Remains On the Market

Getty Images; Realtor.comJennifer Lopez and Ben Affleck have finalized their divorce—and reached an agreement about what they will do with their $68 million Beverly Hills, CA, mansion, which has been on the market for nearly six months.Lopez, 55, and Affleck, 52, split in summer 2024, after just two

North Carolina governor, HUD leadership to announce new Hurricane Helene recovery initiatives

The U.S. Department of Housing and Urban Development (HUD) and North Carolina’s new governor are poised to announce fresh recovery efforts following the devastation wrought by Hurricane Helene across the state in the fall.Josh Stein (D), who was elected in November and succeeds term-limited Democrat

James Whitlinger takes over permanent CFO slot at Freddie Mac

Freddie Mac on Tuesday announced the appointment of James Whitlinger as executive vice president and chief financial officer, effective Jan. 1. Whitlinger has served as interim CFO since Christian Lown’s departure in June 2024.“It’s with great pleasure that we announce Jim Whitlinger as the company’