News
America 250 series salutes LP Building Solutions' pioneering role
1+ hour, 8+ min ago (599+ words) LP Building Solutions" role in the evolution of engineered wood products and American homebuilding is the focus of a new USA Today documentary segment, part of the publisher"s "America 250" series on U. S. industry and innovation. The segment, which premieres July…...
June jobs report shows 57, 000 payroll gain, unemployment at 4. 2%
1+ hour, 45+ min ago (517+ words) The U. S. added 57, 000 jobs in June and prior months were revised down by 72, 000, missing expectations near 110, 000. Unemployment fell to 4. 2% largely due to a 720, 000 drop in the labor force, while construction gained 11, 000 but residential categories lost jobs." AI Summary The U. S. economy added…...
The American Dream is not dead, it moved to markets that still build
4+ hour, 15+ min ago (1037+ words) U. S. homeownership rates remain near two-thirds and above 60% for ages 35 to 44, but affordability is increasingly geographic. The column argues that markets still building and permitting starter product are where ownership remains attainable." AI Summary Every few years, an elite institution announces…...
Consumer groups ask FTC and DOJ to probe Compass MLS deals
6+ hour, 40+ min ago (363+ words) A coalition led by the Consumer Federation of America asked the FTC and DOJ to investigate Compass agreements with multiple MLSs. The July 1 letter alleges the deals expand off-MLS private listing networks that reduce transparency and raise competition and fair…...
Florida AI Deed Fraud Risks and How to Prevent it
1+ week, 15+ hour ago (707+ words) With warm weather and no state income tax, Florida makes for a prime destination to purchase property. Yet, Florida's burgeoning real estate market faces a growing problem of deed and property fraud, magnified by the development of AI and the…...
The mortgage market is misreading its retiree borrowers Retiree Mortgage Denials Rise as Asset Income Gets Misread
1+ week, 15+ hour ago (476+ words) The numbers behind that population aren't small. U. S. retirement assets reached $49. 1 trillion at the end of 2025. A record 4. 2 million Americans turned 65 that same year. The tools being used to evaluate this segment of the purchase and refinance market are producing results…...
2026 Woman of Influence: Melissa Macerato
2+ day, 21+ hour ago (294+ words) Melissa Macerato is chief revenue and marketing officer at Longbridge Financial, where she leads sales, marketing, business development and growth strategy across the company's home equity lending platform. Her leadership has been instrumental in expanding Longbridge's presence in the reverse…...
2026 Woman of Influence: Tammy Fahmi
2+ day, 23+ hour ago (336+ words) Tammy Fahmi, senior vice president of Global Servicing and Strategy at Sotheby's International Realty, leads the team responsible for supporting the brand's global network of affiliated companies. Over nearly two decades with the organization, she has played a central role…...
FOA completes deal for Onity reverse mortgage assets
19+ hour ago (569+ words) Finance of America Reverse completed an all-cash acquisition of Ginnie Mae HECM mortgage servicing rights from Onity Mortgage Corp. , adding about 20, 000 reverse loans and $5. 2 billion in unpaid principal balance to its portfolio. Onity will subservice the loans for three years,…...
Four KPIs every mortgage originator should know
23+ hour, 17+ min ago (215+ words) Rich Weidel, CEO of Princeton Mortgage, shared why mortgage originators need to think beyond sales production and start operating like business owners. Drawing from lessons learned after entering the industry from a finance background, Weidel outlined the four mortgage originator…...