Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna McCargo asking about what he identified as recent bouts of instability in both the Home Equity... Read more »
Home equity levels among homeowners aged 62 and older are at record levels following the end of the pandemic. As a result, reverse mortgages may no longer be considered a “loan of... Read more »
Belmont, North Carolina, Myers Park, large brick mansion with for sale sign in front yard. Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February... Read more »
Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper... Read more »
CNBC’s Diana Olick joins ‘The Exchange’ to report on the rise in weekly mortgage demand. Source link Read more »
Sonali Pier is a portfolio manager with Pimco Pimco’s Sonali Pier strives for outperformance. The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after... Read more »
Cavan Images | Cavan | Getty Images President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However,... Read more »
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Spring hasn’t officially sprung yet, but... Read more »
Housing affordability is at its lowest level in more than a decade, according to the National Association of Home Builders (NAHB), and there are few ways to circumvent the rising costs of... Read more »
Ellington Financial, parent company of top 10 reverse mortgage lender Longbridge Financial, reported a lower economic return for the fourth quarter of 2023, which was partially driven by net losses from Longbridge... Read more »