Here’s another example of how proprietary loans are driving growth for the reverse mortgage market

Proprietary reverse mortgages, rather than government-insured Home Equity Conversion Mortgages (HECMs), are driving the reverse mortgage industry’s recent growth, according to an analysis of Home Mortgage Disclosure Act (HMDA) data published Wednesday by New View Advisors. Total reverse mortgage vol

ONE Sotheby’s adds $10B luxury broker Julian Johnston

ONE Sotheby’s International Realty has added luxury real estate advisor Julian Johnston, bringing more than $10 billion in career sales and more than $400 million in active listing inventory to the brokerage. Johnston, who specializes in Miami Beach waterfront and ultra-luxury estate properties, joi

The Work-From-Home Surcharge: Inside the Controversial New Fee Affecting Renters

A rental listing in Walnut Creek, CA, has sparked outrage amongst renters—thanks to its $200 monthly fee for tenants who work from home.  In an already suffocating housing market where tenants feel stretched to the brink, this particular landlord is charging $3,250 monthly rent (which reportedly cov

Fed Holds Interest Rates Steady in Split Decision as Rebel Faction Presses for Action on Inflation

Federal Reserve policymakers have voted to leave interest rates steady, despite growing concerns about inflation that prompted several officials to dissent in favor of a rate hike. Fed Chairman Kevin Warsh joined the majority on the 12-member Federal Open Market Committee in the 9-3 vote in favor of