article thumbnail

UWM boosts unsecured debt offering to $800M

Housing Wire

The offering, targeted at qualified investors, priced at 6.625% with senior notes due in 2030. UWM Holdings Corp., the parent company of leading U.S. mortgage lender United Wholesale Mortgage (UWM), has raised $800 million through an unsecured debt offering, a 60% increase from its initial plan.

Investors 368
article thumbnail

What will it take to rekindle the senior housing market?

Housing Wire

population shows that by 2030, the 80-plus population is expected to increase by 4 million people to a total of 18.8 More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP. The projected aging of the U.S. million nationwide.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The ‘silver tsunami’ will hit South Florida even harder

Housing Wire

are already older than 65, 20% older than 75 and half will be older than 75 in 2030.” “She and other speakers said there needs to be more emphasis on having elderly seniors age in place as opposed to going into nursing homes,” the reporting explained. Nearly three-quarters of the baby boomers in the U.S.

article thumbnail

This doctor says homes must accommodate aging in place

Housing Wire

Falls alone are responsible for $50 billion in health care costs annually — a figure projected to double by 2030,” he wrote. Citing statistics that illustrate how the U.S. population is growing older at a faster pace, these trends help to highlight gaps in both the U.S. health care system and in the homes that older people live in.

Design 370
article thumbnail

Single women homebuyers are outpacing single men by a 2-to-1 ratio

Housing Wire

Lautz’s findings coincide with Sotheby’s International Realty ‘s 2025 Luxury Outlook Report , which predicts that women will command $34 trillion or 38% of all investable assets by 2030.

Buyers 346
article thumbnail

CFPB finalizes rule that lays the foundation for open banking

Housing Wire

billion in assets — have until April 1, 2030. The largest financial institutions — banks holding at least $250 billion in total assets and nondepository institutions generating at least $10 billion in 2023 or 2024 — must comply with the rules by April 1, 2026. Small banks and credit unions are not subject to this rule.

article thumbnail

Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

Research also indicates that homelessness among individuals aged 65 and older will reach its peak by 2030, with veterans being disproportionately affected compared to the general population. While veteran homelessness has decreased by 55% over the past decade, it began to rise again in 2023.”

Investing 370