Global credit rating agency DBRS Morningstar this week assigned a “good” rating to reverse mortgage industry leader Finance of America (FOA), reconfirming the ranking the company was assigned at a similar point last year.The rating is officially classified as “MOR RVO2” by Morningstar. The agency no

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced that it is expanding the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program. This will change the way that benefits are calculated so that veterans experiencing homelessness will not be pushed

After more than three months of searching, the California Association of Realtors (CAR) has found its new CEO. On Thursday, the trade group announced that it has named Phil Hawkins as its new CEO. Hawkins is currently the head of the Pacific West Association of Realtors (PWR), which is one the the l

The total value of U.S. homes is poised to cross the $50 trillion mark.That’s according to a new report from Redfin, which shows that housing has added $3.1 trillion in value over the past year, bringing its total value to $49.6 trillion. That’s a 6.6% rise in total value compared to June 2023 and 1