Trump calls $5,000 payouts ’easy’ to fit into federal budget

BEIJING, CHINA – JUNE 19: The national flags of China and New Zealand flutter at Tian’anmen Square on June 19, 2025 in Beijing, China. Prime Minister of New Zealand Christopher Luxon pays an official visit to China from June 17 to 20. Wang Xin | Visual China Group | Getty Images New Zealand’s exporters are…

With every first-time buyer, I start with three questions: What can you qualify for? What payment are you comfortable with? And how much money do you want left after closing? I build the strategy around those answers, not around an underwriting system’s ceiling. Buying a home shouldn’t force anyone to stop saving, investing, traveling or…

Hightower Advisors has hired Marco De Freitas, the former head of digital and analytics at Vanguard, as its new president, effective in mid-fourth quarter 2026. He replaces Roberto Stewart, who stepped down from the role in June, less than three months after joining the firm. De Freitas will report directly to CEO Larry Restieri, with…

The Federal Housing Administration has proposed an alternative program for bringing past-due borrowers current, as payment stress continues to build across FHA portfolios. A draft mortgagee letter published Monday details the Reinstatement Advance Payment (RAP) method, which would eliminate the registration of subordinate liens on new FHA partial claims, loan modifications and payment supplements for…