Older Americans could become their children’s ‘biggest expense’ in coming years, says aging advocate

The seniors who are often the parents of Generation X and Generation Y (millennials) could become a pronounced expense for their kids in the coming years, but adult children also want to see their parents successfully age in place.This is according to a commentary from Sarita Mohanty, president and
Read MoreAfter facilitating $347B in sales, RON firm Proof (formerly known as Notarize) looks to California

Since its founding in 2015, remote online notarization (RON) platform Proof, formerly known as Notarize, has helped sellers and buyers close $347 billion worth of real estate transactions, according to an announcement on Friday.While the firm is pleased with this milestone, it has its sights set on
Read MoreA top NYC broker returns to Compass

Scott Fava has returned to Compass after an almost five-year absence, the brokerage announced on Thursday. Fava is joining Compass from NestSeekers.“We could not be happier to welcome Scott and his team back to Compass and help them accomplish all their business growth and goals,” Gordon Golub, Tri-
Read MoreReverse mortgage volume and securities issuance trend lower in December

When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary: “thud.”Amid an already challenging operating environment observed throughout 2023, both HECM endorsement volume and HECM-ba
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