Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI).... Read more »
After decades of resistance, Carmel-by-the-Sea is about to address some of its residents’ biggest frustrations. Quite literally. The moneyed little town, where homes and businesses have no street addresses, soon will have... Read more »
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was... Read more »
Despite high mortgage rates, master planned communities (MPCs) did well in 2023. According to a survey released Tuesday by John Burns Research & Consulting, the top 50 MPCs sold more than 34,600... Read more »