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Maryland-based Anchor Home joins Compass

Housing Wire

As Compass continues to grow our presence in the region, we are delighted to welcome Anchor Home and integrate their luxury market expertise, Holly Worthington, principal broker for Compass’s DMV region, said in a statement.

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Compass acquires luxury brokerage in Washington, D.C.

Housing Wire

Compass shares our passion for empowering clients at every stage of their homeownership journey and has been a powerful leader in driving positive change within our industry, Thomas Anderson, president of Washington Fine Properties, said in a statement. At the end of 2023, the number of principal agents at the brokerage stood at 14,683.

Brokerage 305
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With lower costs and other value, rural areas are enticing for older homebuyers

Housing Wire

Make sure you research your options, said gerontologist Nancy Schier-Anzelmo, principal in Alzheimers Care Associates in an interview with Yonder. As we get older its hard to make new friends and thats why its important to find your tribe those people who are at the same stage of life and have the same life experience as you do.

Equity 369
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Longbridge goes beyond reverse with Figure partnership, new ‘HELOC for Seniors’

Housing Wire

Longbridge CEO Chris Mayer made the announcement from the stage on Tuesday at The Gathering by HousingWire. It’s doing so with the launch of a new home equity line of credit ( HELOC ) option specifically for customers ages 62 and older. The product does not include a preset maturity date.

Equity 358
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Fairway, Longbridge lead reverse mortgage presence at The Gathering

Housing Wire

This week at The Gathering by HousingWire , reverse mortgages took center stage on Tuesday as HW Media CEO Clayton Collins welcomed two leading industry executives to the stage. Dan Ventura, the president of reverse mortgage lending at Fairway Independent Mortgage Corp. ,

Mortgages 337
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Mortgage delinquencies near all-time low in July: CoreLogic

Housing Wire

mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. The rate for early-stage delinquencies was 1.3% “Overall U.S.

Mortgages 440
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U.S. mortgage delinquency rates remain near historic lows: CoreLogic

Housing Wire

The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% In March 2024, the national delinquency rate for residential mortgages stood at 2.8% in March 2023. “The

Mortgages 447