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Gen X homebuyers should prioritize aging in place: Boston Globe

Housing Wire

In most of our remodeling, we use a design technique called Universal Design,” said Brian Harvey, owner of Boston-area business Harvey Home Modifications. That essentially is a design that will serve anyone of any physical capability in the house.”

Design 435
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Sprout Mortgage taps Wells Fargo veteran to lead retail

Housing Wire

Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday.

Retail 397
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Black Friday deals on a new home? Here you go

Housing Wire

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

Retail 418
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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

Education and distribution A longtime challenge for the reverse mortgage industry continues to be its marketing and messaging, particularly in ways designed to overcome longstanding reputational hurdles that the business has had to contend with for years. We were resilient, and were able to even grow at Guild.

Mortgage 397
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The Importance of Flood Insurance Education

Appraisal Buzz

Since lenders demand flood insurance as part of the mortgage approval process, this poses a serious problem for homebuyers buying in FEMA-designated SFHAs. Although personnel and resources are needed for these activities, they also boost output and provide jobs in a variety of sectors, including manufacturing, retail, and construction.

Insurance 389
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FOA promotes Jonathan Scarpati to chief production officer

Housing Wire

The role is designed to strengthen FOAs leadership in an area that is essential to the companys long-term growth plans and further its efforts to make home equity for retirement a mainstream solution, the company said. Scarpati has served at FOA since 2010 in various roles, and he is the first occupant of this new C-suite executive position.

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Citi looks to grow market share with mortgage.com platform

Housing Wire

Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025. We think this is a really strong, low-cost growth opportunity for us that will also help us expand our reach outside of our retail banking branch footprint, he said.

Marketing 418