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HousingWireHousingWire Earlier this year, Lewisville, Texas-based property services company MCS announced that it acquired Five Brothers Asset Management Solutions, a deal that brought MCS into the reverse mortgage industry for the first time. Soon after, CEO Craig Torrance offered an early look at what he hoped to achieve with the…
Continue reading →HousingWireHousingWire Is home-price growth finally cooling? That’s a question raised by the S&P CoreLogic Case-Shiller Index for August, which showed deceleration on a year-over-year basis and a slight dip relative to July. On a non-seasonally adjusted basis, the national home price index posted a 4.2% gain year over year, less…
Continue reading →HousingWireHousingWire If you didn’t know it before, you’re likely to be reminded every day between now and Nov. 5 that this is a close election for the balance of power in Washington, D.C. This theme persisted through the first full day at the Mortgage Bankers Association (MBA)’s Annual Convention and…
Continue reading →HousingWireHousingWire Industry-leading reverse mortgage lender Finance of America (FOA) announced this week that nearly all of the holders of outstanding senior notes that were set to mature in 2025 will participate in a new bond exchange offer that was first announced in June and amended last month. Under the amended…
Continue reading →Montana State Sen. Forrest Mendeville talks about the “Montana Miracle” of legislation to encourage more housing at New Hampshire Housing’s 2024 Housing & Economic Conference. (Photo by Paul Briand) When it comes to increasing the amount of affordable housing, can the state of New Hampshire take a lesson from the…
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