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Gen X is already looking for housing appropriate for aging in place

Housing Wire

Baby boomers are exhibiting an overwhelming desire to age in place in their own homes, but their children — largely members of Generation X — are also making their desires felt by seeking out homes that can accommodate their needs as they get older, according to a recent report from the New York Times.

Buyers 495
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NAMB partners with Roomvu on digital marketing efforts

Housing Wire

The new partnership will make digital marketing easier for NAMB members to market their services with automation tools to create content and distribute newsletters, the association said. ” With the partnership, NAMB members will receive a 20% discount on Roomvu services. .”

Marketing 327
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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

The study’s findings are far below the 12 sales per year for the median agent suggested by the National Association of Realtors’ annual member survey , which the study attributes to sample bias for the survey – successful and full-time agents are more likely to respond to the survey than unsuccessful or part-time agents.

Agents 421
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Change Lending to join Federal Home Loan Bank of San Francisco

Housing Wire

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). Change’s membership will become effective upon its acquisition of the required $7 million capital stock in the FHLB-SF. The transaction is expected to close in May. “We

Lending 362
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AIME names Jonathon Haddad as new CEO and chairman

Housing Wire

Sweeney is stepping down to become the CEO of the affiliated lobbying group Broker Action Coalition (BAC). AIME tapped a relative newcomer to the broker channel to become its CEO. AIME announced Thursday that Haddad, an AIME member, starts immediately as the CEO and will assume the chairman role on April 1.

Retail 383
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To overcome surging mortgage rates, borrowers are turning to mom and dad

Housing Wire

Higher down payments and surging monthly mortgage payments are throttling borrowers’ personal finances, and prospective buyers are turning to family members to gift funds or sign up to be non-occupant co-borrowers. What programs can you or can you not use room rental income from a family member?

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Face-to-face reverse mortgage counseling is back in Massachusetts (for now)

Housing Wire

We’ve done as much as I think reasonably could be done to get the information to the surface so that the conference committee members, when they were evaluating these various amendments, would have some sense of what this is about and how important it is,” Downey said in an interview. “So, I’ll be optimistic and give us 50% odds.”

Mortgage 369