CBO reduces the expected lifespan for Social Security

The Congressional Budget Office (CBO) released a new report that estimates the benefit payment schedule of the Social Security program, saying that the Old-Age and Survivors Insurance (OASI) Trust Fund will “decline to zero” in fiscal year 2034 and the Disability Insurance (DI) Trust Fund will do th

FHA proposes updates to partial claim payoff statements

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table, which would align mortgage borrowers and originators in their understanding of how much is owed on a partial claim.Partial claims are designed to offer assistance to mo

Realtor.com hires seasoned marketing pro Christine Jacobson as SVP

Realtor.com has hired an experienced entrepreneur for its marketing team, as Christine Jacobson has joined the company as senior vice president of B2B marketing.“We’re thrilled to welcome Christine to the Realtor.com team,” Mickey Neuberger, the company’s chief marketing officer, said in a statement

Virginia Realtors CEO Terrie Suit is retiring

Terrie Suit, who served as CEO of Virginia Realtors for the past 11 years, has announced her retirement, according to a company announcement on Friday.Virginia Realtors, which has a membership base of 38,000, named Martin K. Johnson as its interim CEO. Johnson has previously served as its senior vic