Thursday, February 6, 2020

Arizona's biggest parking garage is under construction. Here's where

Arizona's biggest parking garage is going up in the middle of Phoenix in one of its oldest shopping centers — Park Central Mall.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2020/02/06/arizona-biggest-parking-garage-going-up-midtown-phoenix-park-central/4641922002/


Real estate startup Homie plans to expand to more cities with $23 million in Series B funding

Homie has made an impression among younger, first-time home buyers in the Utah and Arizona markets for cutting out the traditional closing costs, 6% real estate commissions and arduous paperwork associated with traditional home sales. It now plans to explore opening up in three new markets and will begin a Vegas launch in March with a fresh infusion of $23 million in Series B equity financing.

Read more... https://techcrunch.com/2020/02/04/real-estate-startup-homie-plans-to-expand-to-more-cities-with-23-million-in-series-b-funding/


How Understanding Long-Term Care Can Expand Reverse Mortgage Business

Encouraging financial preparedness in later life is a core discussion point for people who work in the reverse mortgage profession, and industry literature is rife with examples concerning ways in which the wealth and savings of older Americans can often be unprepared to withstand and extend through a senior's retirement. One of the realities that older people often must contend with, regardless of the status of their retirements, is long-term care (LTC).

Read more... https://reversemortgagedaily.com/2020/01/05/how-understanding-long-term-care-can-expand-reverse-mortgage-business/

All Five Federal Mortgage Programs Should Treat Student Loan Debt the Same Way

Many of the 44.7 million Americans with student loan debt are also in their prime homebuying years. And more than 8 million of them use income-driven repayment (IDR) plans for their student loans, which require special calculations for determining mortgage lending.

Read more... https://www.urban.org/urban-wire/all-five-federal-mortgage-programs-should-treat-student-loan-debt-same-way


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