Cornerstone Financing, a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura.The funding will go to support the company’s specialty home equity-tapping product known

One month into her presidency, Mexican President Claudia Sheinbaum announced a new initiative to address her country’s housing deficit by building 1 homes and offering zero-interest mortgages, a development first reported by Newsweek.The program is designed to support vulnerable groups, including fe

Housing markets across the country have stalled since mortgage rates began to rise in 2022, but relief may be on the way.That’s according to Lawrence Yun, chief economist for the National Association of Realtors (NAR), whose latest forecast calls for a 9% increase in home sales in 2025 and a further

For Nykia Wright, CEO of the National Association of Realtors, 2025 is going to be all about turning NAR into a trade association for the future while rebuilding relationships with members.“NAR is really focused on rebuilding the association for today and tomorrow,” Wright told NAR members gathered