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Mamdani’s $22 billion ‘grand bargain’ for NYC affordable housing
Zohran Mamdani ran for mayor on one promise: make New York City affordable again. This week, he moved to further dismantle the rules New York spent decades erecting to prevent residential density. Mamdani released a 10-year housing plan pledging to build 200,000 new affordable homes while preserving 200,000 more. “These are the most ambitious affordable […]
Title companies may still have to follow anti-money laundering rule after FinCEN appeal
FinCEN filed the notice of appeal with the U.S. Court of Appeals for the Fifth Circuit through the Department of Justice earlier this month.
OnCourse Learning rolls out AI tools for mortgage education, LO exam prep
OnCourse Learning has launched a suite of AI-powered tools, including a learning assistant called Rubi and a new AI for MLOs Certificate program.
Eastwood Homes lands Peachtree Building Group in Atlanta
Eastwood Homes’ acquisition of Atlanta-based Peachtree Building Group – announced today – maps out on its surface as a straightforward expansion move. Eastwood Homes, our HousingWire Homebuilder Ranking’s No. 11-ranked private homebuilder, is a fast-growing Charlotte-based builder that, with this deal, deepens its Southeastern footprint by adding local scale, operating capability, and market presence in […]
Home equity cap tied to Medicaid eligibility is set to change
New Medicaid rule will cap home equity at $1 million for long-term deva eligibility beginning in 2028, potentially affecting senior homeowners.
Smartfi offers 50-bps reverse mortgage discount for veterans
Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.
