More people seem to be aware of the potential utility that a reverse mortgage could provide for older homeowners, including as a tool to age in place and to provide greater cash... Read more »
While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the... Read more »
The PROGRESS in Lending Association released the names for its 2024 Innovations Award winners last week, including two vendors that are active in the reverse mortgage industry, according to an announcement. The... Read more »
Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s reverse division to transition back into a role as a reverse mortgage broker. He joined C2 Financial’s... Read more »
In the dynamic landscape of the U.S. economy, where inflation remains a prevailing concern, the trajectory of mortgage rates plays a pivotal role in shaping the housing market. Despite the robustness of... Read more »
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times this year, indicating that recent higher-than-expected... Read more »
Intercontinental Exchange (ICE) launched a mortgage insurance (MI) center on its Encompass loan origination system, part of the company’s vision to to become a ‘life-of-loan’ platform. The mortgage insurance center, which provides... Read more »
From Census: Building Permits: Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent above the revised January rate of... Read more »
Above, Guaranteed Rate Senior Production Manager Mike Dye While the mortgage industry has traditionally focused on lenders’ needs and priorities, Guaranteed Rate has flipped the script by putting the interests of customers... Read more »
Nations Direct Mortgage will provide services through Kroll at no cost to the recipient for 24 months. The identity monitoring services include credit monitoring, a web watcher, $1 million in identity fraud... Read more »