Housing

Pennymac hires Isaac Boltansky as head of public policy

PennyMac Financial Services Inc. on Tuesday announced the appointment of Isaac Boltansky as managing director and head of public policy. “Pennymac is pleased to welcome Isaac to our stro...

Credit:

CareTrust REIT Subsidiary to Acquire UK-Based REIT, 137 Properties for $817M

A subsidiary of CareTrust REIT (NYSE: CTRE) is acquiring UK-based Care REIT plc and its 137 care homes in the United Kingdom in a deal representing about $817 million in value. Care REIT plc...

Credit:

CareTrust Subsidiary to Acquire UK-Based REIT, 137 Properties for $817M

A subsidiary of CareTrust REIT (NYSE: CTRE) is acquiring UK-based Care REIT plc and its 137 care homes in the United Kingdom in a deal representing about $817 million. Care REIT plc has ...

Credit:

Tomo Mortgage closes $20M Series B funding round

Tomo Mortgage on Tuesday announced the closure of $20 million in Series B funding that was led by three existing investors and a new participant. The funding round was led by prior inves...

Credit:

Optimal Blue reports 40% jump for rate-and-term refis

Optimal Blue‘s February 2025 Market Advantage mortgage data report, released Tuesday, showcased a 7% month-over-month increase in mortgage lock volume, which the company said was primarily driven b...

Credit:

Milestone Mortgage acquires Willow Home Loans with ‘goal to be No. 1’

Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. Milesto...

Credit:

Property management software: Why more Americans firing their property managers

For those who think being an independent landlord is easy, congratulations — you’re wrong. The challenges mount from the jump. Finding the best tenant is an uphill battle for some landl...

Credit:

How to follow up with unresponsive clients without being pushy

After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the tr...

Credit:

Jason Mitchell Group announces merger with Arkansas-based iRealty

The Jason Mitchell Group (JMG) couldn’t have asked for a better two weeks. The Arizona-based brokerage announced Monday that it has merged with iRealty, a brokerage in Arkansas that boas...

Credit:

HomeVision, Restb.ai partner on AI in collateral underwriting

HomeVision, a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation...

Credit:

HUD’s Innovative Housing Showcase is returning to DC in 2025

In conjunction with efforts to celebrate the 250th anniversary of U.S. independence next year, the Department of Housing and Urban Development (HUD) on Monday announced that its Innovative Housing ...

Credit:

Sagora CEO: After Growing 30% To Surpass 80 Communities, Company Prepares For Next Steps

This story is part of your SHN+ subscription Sagora Senior Living is continuing on its arc as a growing provider, having expanded by 30% in 2024. Now, as the organization prepares to...

Credit:

BrightStar Acquired By PE Firm Peak Rock, Company’s Senior Living Growth Still Facing Headwinds

BrightStar Care was recently acquired by an affiliate of Peak Rock Capital through a partnership with founder Shelly Sun Berkowitz. BrightStar is one of the largest providers of at-home...

Credit:

Columnist: Reverse mortgages have benefits that come with risks

A reverse mortgage could have benefits for a qualifying borrower, but anyone considering these loans should also be mindful of the potential risks. This is according to nationally syndicated person...

Credit:

Maryland reverse mortgage bill withdrawn following industry dialogue

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage (HE...

Credit:

Could homebuyers find bargains this spring?

The spring housing market is still trying to spring. Pending home sales inched up for the week with small gains but remained below numbers seen at this time last year. New listings volume i...

Credit:

Iowa title insurance continues to thrive under state-run model

In an industry dominated by private insurers, Iowa Title Guaranty (ITG) continues to operate as a state-run, not-for-profit title system that gives homebuyers a more affordable avenue for s...

Credit:

John Burns: Rising property taxes are forcing retirees out of some states

Rising property taxes are a thorn in the side of many Americans in today’s housing market. Older Americans in particular are feeling the brunt of higher tax payments in key metro areas and are bein...

Credit:

Washington state lawmakers working on commercial-to-residential conversion bill

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. The measure passe...

Credit:

Are AMCs the next target of class-action lawsuits?

Appraisers concerned about the rising role of appraisal management companies (AMCs) were dealt a blow by the turmoil that’s engulfed the Consumer Financial Protection Bureau (CFPB) since Do...

Credit:

Senior Living Hospitality Group Assumes Management of Two Connecticut Communities

BRIDGEPORT and SOUTHBURY, Conn. — Senior Living Hospitality Group, a newly formed organization, has assumed management of two senior living communities located in Connecticut. Watermark Ret...

Credit: