Summer heat sets in across Northeast housing markets
From Rochester to Boston and Buffalo, the common denominator remains limited inventory — and buyers are ready for the chase.
Massachusetts
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Judge blocks key Hometap defenses in Massachusetts HEI lawsuit
The state alleges that Hometap’s flagship home equity investment (HEI) product is an “illegal, deceptive, oppressive and unconscionable mortgage that violates the criminal usury statute.”
Kriss Law/Atlantic Closing & Escrow expands New England footprint with merger
Kriss Law/Atlantic Closing & Escrow has merged with DaMore Law and its Vermont division, Green Mountain Lawyers.
Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts
State Attorney General Andrea Joy Campbell sued Hometap in February 2025, labeling the company’s primary product offerings as “illegal reverse mortgages that fail to comply with state consumer protection laws.”
Cypress Loan Servicing settles foreclosure case for $2M
Cypress reached a $2 million settlement with the Massachusetts AG over alleged violations of foreclosure prevention and consumer protection laws.
Massachusetts set to bar home sellers from requiring inspection waivers
The policy prohibits sellers and agents from requiring or encouraging buyers to waive a home inspection as a purchase condition.
Federal Reserve watchdog investigates efforts to dismantle CFPB
The Federal Reserve watchdog is reportedly taking a closer look at efforts to dismiss staff and cancel contracts at the CFPB.
The potential benefits of senior property tax deferral programs
A longtime retirement researcher weighs in on the possible benefits of property tax deferrals for older homeowners.
Massachusetts AG sues Hometap over ‘illegal reverse mortgage’
Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”
Pacaso’s top markets for luxury vacation homes are in New Jersey and Florida
According to co-ownership marketplace Pacaso, New Jersey and Florida have four of the top five markets for luxury vacation homes.