Los Angeles will make $387 million available for affordable housing projects — reportedly the largest single funding round in the city housing department history. Applications for the funds opened Sept. 5 and close Oct. 20. Eligible applicants include nonprofit and for-profit developers, community l

Longbridge Financial has officially launched a home equity line of credit (HELOC) program that’s designed for homeowners ages 62 and older, offering approval and funding in as little as five business days.  The move marks an expansion beyond the company’s core reverse mortgage business while staying

On Friday, 46 independent mortgage banks (IMBs) jointly sent a letter to Treasury Secretary Scott Bessent and FHFA Director Bill Pulte, laying out priorities for IMBs for a successful Fannie Mae/Freddie Mac exit from conservatorship. Spearheaded by the Community Home Lenders of America (CHLA), the o

For some, the idea of couples opting for separate bedrooms remains a sign of a relationship being on rocky ground. However, times have certainly changed, and some couples actually prefer their own spaces when it comes to sleeping and relaxing. This includes some big Hollywood names! If you’re in a c

Top-performing Douglas Elliman-brokered large team, The Michael Lorber Team is expanding into Connecticut.  The Michael Lorber Team is the No. 6 ranked large team in New York after recording $269.05 million in sales volume across 101 transaction sides in 2024, according to the 2025 RealTrends Verifi

Homeowners are spending a growing share of their mortgage payments on property insurance, which is now rising faster than principal, interest and taxes, according to the September ICE Mortgage Monitor. Data shows that annual property insurance payments for single-family mortgage holders now average

A development firm plans a 211-unit multifamily complex with some workforce units in south Miami-Dade County’s Naranja neighborhood.  The project comes amid a massive pipeline of apartments, townhomes and single-family homes in south Miami-Dade. Developers have seized on the area partly due to its v

Boston-based Hometap has closed a $300 million securitization of home equity investment (HEI) loans originated by the company, marking its fifth transaction in the space.  The deal, closed on Aug. 29, included a $231 million Class A tranche rated at BBB(sf) and a $12 million Class B tranche rated at

Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut next week. The shift is encouraging more borrowers to leave the sidelines, with small rate moves already triggering meaningful activity. “

Last month, President Donald Trump nominated Stephen Miran to fill a vacant seat on the Federal Reserve’s Board of Governors. And much like other Trump administration picks that require Senate confirmation, Miran’s selection has drawn skepticism from Democratic lawmakers. Miran met last week with me

Probate is a largely misunderstood but generally feared concept. Over half of the respondents to a recent study said that they have no idea about the costs involved in probate, and that they perceive the process as either “somewhat or very difficult.” It’s true that there are few feel-good stories a

A lavish Pinecrest mansion owned by a former financial portfolio manager who pleaded guilty to securities fraud and related charges is in contract to sell to a new owner.  The pending sale is one of 15 contracts signed between Sept. 1 and Sept. 7, according to the latest Eklund-Gomes report, which t

Howard Stern's future as a radio host has been cemented after the legendary radio personality revealed that he was not leaving SiriusXM and had pranked media outlets. The 71-year-old—who started hosting the "Howard Stern Show" in 2006—pranked his listeners with a joke that he would be leaving the st

The sprawling South Carolina estate where disgraced former lawyer Alex Murdaugh gunned down his wife and son is up for sale again, this time with a reduced price tag—just five months after it was taken off the market by its new owner. The 48.2-acre farm known as Moselle was relisted early Monday mor

HGTV star Tarek El Moussa is poking fun at his wife, Heather Rae, and his ex, Christina Haack, for "ganging up" on him during filming of their home renovation competition series, 'The Flip Off.' The 44-year-old, who recently snapped up a new mansion with his wife, took to Instagram to tease his ex a

Hoda Kotb has given fans a rare glimpse at the cozy workout center inside her upstate New York home during a sweet video with her daughter. The 60-year-old, who announced in September 2024 that she would be stepping down from the hit morning show in order to spend more time with her kids, took to In

ServiceNow | West Palm Beach  A major cloud computing company will open at an office tower under construction at CityPlace in downtown West Palm Beach, giving boost to billionaire Steve Ross’ plans to turn the city into a tech hub.  ServiceNow, a Fortune 500 company that aids businesses to organize

Al Adelson and the Morrison family’s Sympatico Real Estate scored a $62.5 million pre-construction loan for their planned West Palm Beach condo tower, the Berkeley, The Real Deal has learned. The developers secured the financing from New York City-based JVP Management, according to a press release.

You may feel richer on paper, but in real terms, you could be falling behind. Home values are still inching upward, with median list prices rising 0.5% in July, according to data from Realtor.com®. But that’s not the full story. Inflation is climbing at 2.7% year over year—outpacing those modest gai

A rare opportunity to own one of Malibu’s true trophy properties has made an imposing appearance on the market—becoming one of the area's most expensive listed private residences. Listed for the sky-high price of $38 million, the dwelling is a one-of-a-kind design—featuring a rare architectural pedi