Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes.

For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order to keep the loan in good standing.

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State lawmakers in New York have introduced legislation that would block mortgage lenders from receiving title insurance payouts when real estate transactions are later found to be based on stolen deeds.

S.B. 7732 was introduced May 2 and seeks to prohibit title insurers from compensating lenders for losses tied to transactions deemed “false or fraudulent.”

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While awaiting Senate confirmation to lead the Consumer Financial Protection Bureau (CFPB), Jonathan McKernan was nominated by President Donald Trump for a key role at the U.S. Department of the Treasury, according to Treasury Secretary Scott Bessent.

According to Law360, a spokesperson for the White House later confirmed that McKernan’s nomination with the CFPB will not proceed.

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Federal prosecutors have expanded their case against the Alexander brothers.

In a superseding indictment filed Thursday in a Manhattan federal court, prosecutors added six more charges against one or more of the brothers. The charges are related to sex trafficking involving four additional women, including one minor. The federal case now includes a total of nine charges of sexual trafficking involving six women.

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