New View Advisors, which released its initial quarterly index at the end of October, estimated that private-label loans started 2025 with a market share of about 30%. Based on volume in December,... Read more »
The letter was signed by NRMLA President Steve Irwin. “We commend the sponsors for introducing this bill as it provides necessary clarity and common-sense regulatory relief that directly supports the core function... Read more »
Stream Realty Partners finalized the $12.6-million sale of a 45,318-square-foot industrial facility at 1240 Quarry St. in Corona. The seller was KHS America; the buyer was not disclosed. “We dealt with the 43-day... Read more »
The discussion also coincides with a rise in private-label reverse mortgages, which according to New View’s estimates, now account for about 40% of market activity. New View addressed each of the 21... Read more »
“The simplest way to present this program is actually the purchase,” he said. “I think we’ve missed that over the years. And in fact, those of us in the reverse business, including... Read more »
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 »
While 2024 was rife with challenges for the mortgage industry broadly — across forward and reverse — a new year brings a new mindset. Some challenges remain, with mortgage rates being chief... Read more »
Reverse mortgage business — and mortgage business generally — is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked... Read more »
Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. The efforts have not gone... Read more »
At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans. The lender chose LoanPASS to provide its software-as-a-service (SaaS) product... Read more »