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[RMD-Housing Wire] Appraisal bias protections apply to HECM applicants. [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA). [Yahoo Finance] Mortgage demand falls with high interest rates and home values. Watch our video podcast here!…
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[RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions. [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage. Watch our video podcast here!…
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[Housing Wire] Two things most reverse mortgage pros may not know about the expected rate. [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed. [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing. Watch our video podcast here!…
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[Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage. [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop. [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report. Watch our video podcast here!By HECMWorld
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[Housing Wire] Parent Company of former HECM lender converts to Chapter 7 [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request. Watch our video podcast here!…
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[Kiplingers] Six questions to ask before getting a reverse mortgage [National Mortgage News] Nation’s largest mortgage lender shutters mortgage origination platform [Atlantic Black Star Journal] Burying the Lede. Yet another potentially misleading reverse mortgage foreclosure story. Watch our video podcast here!…
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[Housing Wire] How One Reverse Pro Prompted a Scammer’s Arrest [Reverse Market Insight] RMI’s Jon McCue returns to explain the latest reverse mortgage trends in our monthly installment of the Market Minute [Housing Wire] Fairway Independent Mortgage’s reverse mortgage division is making big changes in its strategy and key staffing. Watch our video …
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[RMD] The Mortgage Bankers Association to increase reverse mortgage activity in 2024. [Security Week] 32,000 reverse mortgage clients' data breached in cyberattack [Fortune] More boomers are staying in their jobs instead of retiring [RMI] Revere Market Insight's Market Minute with Jon McCue Watch our video podcast here!…
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[RMD] FHA Commissioner says the agency is fully committed to the HECM program [Seeking Alpha] Finance of America expands its second lien reverse mortgage [RMD] Seller credits for H4P? FHA proposes policy change in the federal register to allow seller contributions Watch our video podcast here!By HECMWorld
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[Morningstar] Most people say they want to 'age in place' but what does that really mean? [RMD] How reverse mortgage marketing can challenge product myths. [CNBC] The housing industry urges the Fed to stop raising interest rates or risk a hard economic landing. Watch our video of the podcast here!By HECMWorld
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[Housing Wire] If mortgage rates fall to 5% the housing market could get interesting [News Channel 8] Credit Denied: Dave Bancroft shares his experience and why more Americans’ loan applications are being denied [RMD] HECM endorsements grow while the secondary market is challengedBy HECMWorld
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