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Ex-LO sentenced in Chicago-area reverse mortgage scheme

Another ex-loan originator in a reverse mortgage scheme that cost elderly African-American Chicago-area homeowners millions of dollars is going to prison. Gary Bohn, 59, was sentenced Wednesday to 1-and-a-half years in prison for his role in the wider fraud, according to Law360 which reported the sentencing. The former Illinois-based LO with American Fidelity Financial Services […]

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Fifth Third’s earnings fall in line amid credit hits and M&A

Key insight: Fifth Third’s massive credit blow tied to the allegedly fraudulent Tricolor Holdings bankruptcy “didn’t end up costing them that much,” an analyst said. What’s at stake: The company said last week it would acquire Comerica Bank, in what has been the largest bank deal announcement of 2025. Supporting data: The KBW Regional Banking

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Home seller profits down in most metros despite record sale prices

U.S. homeowners made an average profit of 49.9% on single-family home and condominium sales in the third quarter of 2025, according to ATTOM’s newest U.S. Home Sales Report. That’s up slightly from 49.3% in the second quarter but down from the 55.4% margin seen in the third quarter of last year. Sellers typically earned $123,100

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