Finance of America (FOA) has closed an all-cash acquisition of reverse mortgage servicing rights from Onity Mortgage Corp., adding roughly 20,000 Home Equity Conversion Mortgages (HECMs) with a combined $5.2 billion in unpaid principal balance (UPB) to its portfolio, the companies announced Wednesday. The deal, disclosed by FOA in an 8-K filing with the Securities […]

California has long been synonymous with high taxes, but new fights over who will pay them are exposing a sharper fault line. The state increasingly reaches for “tax the rich” tools to fund housing and social programs, while anti-tax forces try to constrain those same tools. California’s tax fight is unfolding under a national spotlight.

For over a century the Georgia-based brokerage Blanchard & Calhoun Real Estate Co. has continued to serve consumers in the Augusta area all while navigating recessions, record high interest rates, the rise of the internet, the COVID-19 pandemic housing market, the commission lawsuits and the current wave of massive consolidation hitting the housing industry. Tom