HECM loans have only gained 2% of eligible borrowers. How would the reduction of the upfront FHA insurance spur growth and revenues?
Continue readingWhy reduce the HECM’s upfront FHA insurance premium?
MBA subsidiary starts reverse mortgage working group
A subsidiary of the Mortgage Bankers Association has started a reverse mortgage working group…
Continue readingApril Top 100 HECM Lenders Report
April didn’t shower us with endorsements, but rather a marked reduction in overall HECM endorsement volume.
Continue readingExclusive Interview: How one broker pivoted to Reverse
Last week we sat down with Matt Oliver of Lund Mortgage. Matt shares his experience in the 2008 housing crash and why Lund Mortgage began to pivot to reverse mortgage originations..
Continue readingThe Problem With Being House Rich
What are the problems with being house-rich? One columnist explains the downside of locked-up home equity…
Continue readingThe coming credit crunch
Soon credit may be unavailable to millions of Americans. What can older homeowners do?
Continue readingHigh mortgage rates have homeowners staying put
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EPISODE #771
High mortgage rates have homeowners staying put
[Housing Wire] “Elevated mortgage rates are continuing to give homeowners a reason to stay at their current homes, according to the 2023 Borrower Insights Survey conducted by ICE Mortgage Technology…”
Other Stories:
- [Housing Wire ] High mortgage rates have homeowners staying put
- [Reverse Market Insight] The monthly installment of the ‘Market Minute’ with RMI’s Jon McCue
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[Reverse Mortgage Daily] RMD commentary: Industry growth requires a new message
   
5 Inflation-Busters for Older Homeowners
Here are 5 ways older homeowners may be able to fight back against inflation.
Continue readingFHA issues draft guidance for accessory dwelling units
FHA issues draft guidance for accessory dwelling units…
Continue readingHECMs may defuse these 4 retirement time bombs
Older Americans may be at risk of one or more of these retirement time bombs; each of which may, under the right circumstances, be mitigated or even defused by tapping into their housing wealth with a reverse mortgage.
Continue reading