"January 2025" Archives

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Texas homeowners lost $2 billion by not contesting their property taxes

Rising mortgage rates and home prices are already a strain on homeowners across the country. On top of that, a new study revealed that Texas homeowners have lost billions of dollars over the past three years in property tax payments. Property tax consulting company Ownwell conducted a study that analyzed in-house and county-level data from…

Here are the top reverse mortgage securities issuers for 2024

Home Equity Conversion Mortgage (HECM) volume took a hit in 2024 and the HECM-backed Securities (HMBS) issuance market also saw overall reductions in output for the year, giving further context to a challenging period for the reverse mortgage industry broadly. Once again, total issuance was down in 2024, and the top 10 issuers reshuffled slightly….

Compass strikes again with leadership changes in the Southeast

Leading brokerage Compass announced some key leadership moves this week to bolster its operations in the Southeast, including Florida. The brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. Adam Vellano was promoted to managing director of the South Florida market. And Erika Sheridan was promoted to senior director…