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D.C. pushes single-stair apartments higher with added safety rules

Washington, D.C., council members are leaning into a growing national trend by relaxing single-stairway rules to cut the cost of building small and mid-rise housing. On Tuesday, the D.C. Council unanimously advanced the One Front Door Act. If it passes on second reading, the maximum height for resid
HECM activity rises in March, but proprietary loans are taking a bite out of business

U.S. reverse mortgage endorsements rose sharply in March following subdued activity in February, but overall volume remains down compared with recent months, according to data released Wednesday by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements increased 16.3% in M
Mortgage credit costs jumped 10x in 4 years: CHLA

Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
Pamela Heman

Pamela Heman

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