The mayor of South Portland, Maine, recently acknowledged that property taxes in the region are particularly challenging for those living on a fixed income. When offering advice on how to manage these costs, the mayor brought up the potential for a reverse mortgage. This is according to local reporting by The Maine Wire from a recent city council meeting. Property taxes in the city — as is the case...

The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the lender had underwritten ineligible reverse mortgages to be insured by the Federal Housing Administration (FHA). The lender “has agreed to pay $2.4 million to resolve allegations that it violated the False Claims...

Roemanu, the holding company for Toorak Capital Partners and Merchants Mortgage, announced on Tuesday that it has hired former Finance of America executive Charles Macintosh as its chief operating officer. Macintosh will also join Roemanu’s executive committee and oversee multiple areas of the business from its headquarters in Tampa and its office in Summit, New Jersey. He will report to John Beacham,...

New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares of common stock to investors in a public offering. The company said underwriters will offer shares from time to time in negotiated transactions or prevailing market prices at the time of sale. At...

Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause. But people have returned to the Windy City and, lately, home prices have grown at a pace that would be perfect for Goldilocks — not too hot, not too cold, but just...

Florida’s ritzy Venetian Islands — a chain of 6 man-made islands located between Miami Beach and the Miami mainland — are known for their luxury waterfront mansions and gated estates. Among them is a 2018-built contemporary home with downtown views and over 90 feet of water frontage that’s made headlines quite a few times over the years. Built by former Formula One driver-turned-developer...

Create an outdoor space fit for you—not mosquitoes—with these mosquito repellents for yards. Better Homes & Gardens / Ella Field Summer can be a great time to make the most of your backyard. Unfortunately, those longer days and warmer temperatures also come along with a rather familiar inconvenience: mosquitoes. Biting insects can make it difficult to enjoy spending time outdoors,...

It’s similar to the Champagne vs. sparkling wine conversation! Getty Images / heinstirred You’ve probably seen them countless times on bar carts and on cocktail lounge menus since you turned 21, but when was the last time you stopped to consider the difference between bourbon and whiskey? They look deceptively similar and are often swapped for one another, but it turns out, there can be a...

You'll be able to cheer on the newest batch of bakers starting September 27. Netflix Hold on to your stand mixers, baking fans. The Great British Baking Show is back on Netflix for another sweet season, premiering in the U.S. on September 27. Welford Park once again provides the gorgeous backdrop for the white tent, where the infamous Paul Hollywood and Prue Leith will do the judging. Noel...

Get gorgeous mums shipped right to your door. Walmart Is there any autumn flower better than mums? These long-lasting blooms can be found in a wide range of different colors to spruce up your fall garden or decorate your porch for the season. They also have a deliciously spicy scent that smells just like fall.We eagerly await the return of mum season each year, and now it’s finally here: Mum...