This week’s properties are a four-bedroom in New Canaan, Conn., and a six-bedroom in Syosset, N.Y.
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Housing leaders are naturally interested in knowing how recent cost-cutting efforts by the federal government could be focused upon the U.S. Department of Housing and Urban Development (HUD) and its wide array of programs, including reverse mortgages. In the first Trump administration, housing officials took a measured but disruptive approach to stem losses to the…
The Consumer Financial Protection Bureau (CFPB) may have yet another new director in Jonathan McKernan, but the bureau is still effectively shut down thanks to actions taken by McKernan’s two most recent predecessors, Scott Bessent and Russell Vought, who both served as acting director. While enforcement experts believe the current CFPB freeze is not a…
New data from U.K.-based financial services firm Legal & General shows that as many as 11% of all couples over the age of 50 use their real estate wealth — either through the proceeds of a home sale or a home equity release product — to finance the costs of divorce. “The research, which explored…