Top-performing Douglas Elliman-brokered large team, The Michael Lorber Team is expanding into Connecticut.  The Michael Lorber Team is the No. 6 ranked large team in New York after recording $269.05 million in sales volume across 101 transaction sides in 2024, according to the 2025 RealTrends Verified Rankings.  “Our team has built a strong reputation representing […]

Homeowners are spending a growing share of their mortgage payments on property insurance, which is now rising faster than principal, interest and taxes, according to the September ICE Mortgage Monitor. Data shows that annual property insurance payments for single-family mortgage holders now average nearly $2,370. That amounts to 9.6% of monthly mortgage-related expenses, the highest

Boston-based Hometap has closed a $300 million securitization of home equity investment (HEI) loans originated by the company, marking its fifth transaction in the space.  The deal, closed on Aug. 29, included a $231 million Class A tranche rated at BBB(sf) and a $12 million Class B tranche rated at BBB(low)(sf) by Morningstar DBRS.  “Through