Florida manufacturer acquires Hudson surveillance optics company by NH Business Review for Trisha Nail

Hudson’s G5 Infrared was acquired by LightPath Technologies on Feb. 13. (Image from G5 Infrared website.) A Florida infrared optical components manufacturer recently acquired a Hudson-based thermal imaging and optics business emphasizing surveillance in a move the two companies estimate will create $55 million in revenue for the next year….

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Mortgage demand for new homes is down 6% in the past year by Kennedy Edgerton for HousingWire

HousingWireHousingWire Mortgage applications for newly built homes decreased 6% year over year in January 2025, according to a report released Thursday by the Mortgage Bankers Association (MBA). But application volume increased by 19% from December 2024. MBA’s Builder Application Survey (BAS) explores mortgage application data on a monthly basis across…

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CrossCountry’s reverse mortgage VP joins NRMLA board of directors by Chris Clow for HousingWire

HousingWireHousingWire The National Reverse Mortgage Lenders Association (NRMLA) board of directors is poised to grow by one member. Richard Thorpe, the divisional vice president of CrossCountry Mortgage (CCM)’s reverse mortgage division, was announced Thursday as NRMLA’s newest board member. The move “underscores CCM’s commitment to advancing its reverse mortgage business…

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Trump makes move to control independent regulatory agencies by James Kleimann for HousingWire

HousingWireHousingWire A new executive order signed by President Donald Trump on Tuesday gives him unprecedented control over independent regulators such as the Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corp. (FDIC) and the Federal Trade Commission (FTC). The executive order stipulates that independent regulatory agencies must submit any…

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