A record number of Americans are set to reach age 65 this year, which has put more of a spotlight on the ballooning costs and the increasing desires for older Americans to age in place in their current homes. The issue received attention earlier this week on NBC Nightly News with Lester Holt, a major…
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The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). The report detailed FHLBanks’ activity across several programs that include the Affordable Housing Program (AHP), the Community Investment Program (CIP), the Community Investment…
Wall Street investors and analysts forecast that mortgage credit-score costs will rise in 2025 as lower interest rates may drive an increase in home loan applications. Fair Isaac Corp. (FICO), the company that retains the rights to the market’s widely adopted consumer credit-risk assessment methodology, is expected to raise the price for mortgage credit scores…
The Agency founder Mauricio Umansky doesn’t think that the game of “musical chairs” that is agent recruiting is good for the real estate industry, but this week his company can tally a win. Dallas-based luxury real estate agents Courtney Michalek and Andrea Childress have joined The Agency to bolster the brokerage’s Dallas office, which was…