
Reverse mortgage book inside MMI Fund continues to evolve
The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth of the HECM MMI stood at $17.4 million, up from $15.4 million last year, according to the
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Taylor Swift and Travis Kelce Reportedly Set To Spend Holidays at His $6 Million Mansion—Despite Recent Break-In by Suspected Crime Ring
Getty Images Pop star Taylor Swift and her NFL player partner, Travis Kelce, are reportedly planning to spend the holidays at the football pro’s $6 million Kansas City mansion—just weeks after the property was burglarized by a suspected crime ring. According to The Sun, Swift, 35, who just completed
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Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble
Mortgage rates haven’t moved much in the past week, but Wednesday’s meeting of the Federal Reserve should give some clearer insights into where the market is headed at the end of the year. The Federal Open Market Committee (FOMC) is scheduled to announce its decision on the federal funds rate at 2 p
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How has Tampa’s housing market fared since Hurricane Milton?
It’s hard to imagine something more disruptive to a housing market than a hurricane. That’s what the Tampa Bay metro area was faced with in October with Hurricane Milton, which made landfall in the area as a Category 3 storm. Milton set a record for tornado warnings with 129, and hundreds of homes w
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