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The Top Stories of 2021

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Here are the top stories of 2021

To learn more visit the links below.

JANUARY:

Pandemic fueling housing craze and HECM refinances

New York State enacts reverse mortgage foreclosure law

7th Edition of Dan Hultquist’s ‘Understanding Reverse’ Released

The Biden administration pushes out the FHA foreclosure moratorium

FEBRUARY:

Is inflation around the corner?

End of LIBOR coming this year

The Biden administration extends more forbearance deadline…again

MARCH:

NRMLA addresses Index Change in Public Comments

There’s a NEW Reverse Mortgage Guide from the CFPB

Trial for former Live Well CEO set for April 12th

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APRIL:

The CFPB is ramping up regulations as the pandemic slows

Google searches for ‘housing crash’ are red-hot!

MAY:

Former Live Well Financial CEO convicted on all counts 

HECM borrowers receive a ‘strange’ letter on the transition from LIBOR

JUNE:

The Washington Post shares reverse mortgage borrower experiences

New York bill now allows coop residents to apply for a reverse mortgage

JULY:

Housing Wire acquires Reverse Mortgage Daily

The pandemic exacerbated the retirement savings gap

HECM improved, but issues remain says FHA

AUGUST:

HECM-to-HECM Refinances are not growing our market

These 10 Cities Have the Most Overvalued Housing Markets in the U.S.

Nearly 1 million older homeowners facing foreclosure

SEPTEMBER:

Fact-checking Dave Ramsey’s claims about reverse mortgages

The Appraisal Crunch: HECM originators face challenges

OCTOBER:

5 housing markets where sellers are reducing prices

Incoming CFPB Director Invites Hope, Fear from Mortgage Businesses

Zillow exits home-buying – Home price growth will slow dramatically in 2022

NOVEMBER:

The HECM’s performance is on track to exceed 2020

7 takeaways from FHA’s report to Congress

Red-Hot Housing Market Drives Biggest Home-Equity Drawdown Since 2007

Racial bias in appraisals addressed in the latest mortgagee letter

DECEMBER:

FHA increases HECM lending limit for 2022

HECM Counseling in Massachusetts could stop immediately. Here’s why.

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