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Reverse mortgage industry performance metrics have been trading gains and losses for several months now, but a more favorable interest rate environment and optimism about the possible trajectory of business in 2025 have arrived alongside some generally positive news for October. Home Equity Conversion Mortgage (HECM) endorsements increased by 11.1% from September to October, with 2,392 loans endorsed last month, according to data compiled by Reverse Market Insight (RMI). Meanwhile, HECM-backed Securities (HMBS) issuance posted its largest figure since September 2023, increasing by $98 million during the month for a total of $598 million in October. There were 78 pools…

People shop in an Abercrombie & Fitch store in midtown Manhattan on October 24, 2024 in New York City. Spencer Platt | Getty ImagesFormer President Donald Trump’s universal tariff proposals could cause prices to skyrocket on clothing, toys, furniture, household appliances, footwear and travel goods, according to a new report from the National Retail Federation.The study, released on the eve of Election Day, adds to the pile of economic and industry analysis warning of the inflationary impacts of the Republican presidential nominee’s hardline approach to trade.Trump has said he would impose a 10% or 20% tariff on all imports across the…

NewsFeed“They want peace. They really do. They don’t want to be in wars. They’re very smart.” Republican presidential candidate Donald Trump praised his Muslim supporters at one of his final campaign rallies before Election Day, saying they could deliver him the battleground state of Michigan.Published On 5 Nov 20245 Nov 2024 Source link

Jason Kelce has addressed the recent altercation between him and a so-called football fan who called his brother Travis Kelce in a homophobic manner last week. “I’m not happy with anything that took place. I’m not proud of it,” the retired Philadelphia Eagles center said at the outset of Monday Night Countdown on ESPN. “Within a heated moment, I chose to greet hate with hate and I don’t think that’s a productive thing. I don’t think it leads to discourse.” Jason Kelce looks on before the game between the New York Jets and the Buffalo Bills at MetLife Stadium on…

Podcaster Joe Rogan endorsed Donald Trump in a Monday evening post.Rogan cited Elon Musk, saying the billionaire made the “most compelling case” for Trump.Musk has poured millions of dollars into trying to get Trump elected. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. Joe Rogan endorsed former President Donald Trump hours ahead of Election…

A quick refresher of the entire US presidential campaign. Source link

Scottsdale, Arizona-based brokerage will continue to operate under the My Home Group brand, with co-founders Jereme Kleven and Mark Hutchins staying on to oversee daily operations. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Fathom Realty is onboarding 2,200 agents and growing its agent count by close to 20 percent with the acquisition of the…

Stocks ticked lower on Monday as traders awaited Election Day, and the 30-stock Dow dropped more than 250 points. Here’s what CNBC will be watching on Tuesday. Source link

NewsFeedOn the final day of campaigning before the US elections, Republican presidential candidate Donald Trump vowed to slap 25% tariffs on all imports from Mexico, a top US trade partner, if the new president does not act on what he calls a border ‘onslaught.’Published On 5 Nov 20245 Nov 2024 Source link

Taylor Swift is back at her home away from home … Arrowhead Stadium in Kansas City … and she’s ready to watch Travis Kelce ball out on Monday Night Football. The singer is in the house to watch the Kansas City Chiefs take on the Tampa Bay Buccaneers … she just arrived, wearing a mostly all-black outfit … with a matching top, shorts and knee-high boots. Taylor topped off her look with a Chiefs jacket … and, she looks ready to cheer on her man as the Chiefs look to remain the only unbeaten team in the NFL. It’s the…