News Archives - Page 8 of 100

The 6 fastest ways to cash out your home equity

There’s been much media buzz about ‘AI’ or Artificial Intelligence but where can it be used in the reverse mortgage industry?

3 HECM Opportunities in an uncertain market

Here are three opportunities reverse mortgage originators can find even in today’s bloated housing market and uncertain interest rate landscape…

HECM Market housing market Interest Rates

Australians are flocking to reverse mortgages

After two years of engagement and feedback from HECM lenders, servicers, consumer advocates, and other housing industry participants the Federal Housing Administration (FHA) released its updated handbook which consolidates HECM policies.

Australia FHA retirement

October Top 100 HECM Lenders Report

Nationwide reverse mortgage lender loan production for Home Equity Conversion Mortgages (HECMs) endorsed by FHA in the month of October 2023.

Top 100 HECM Lenders Report

Why 8% 30-year fixed rates may benefit reverse lending

8% rates for traditional and reverse mortgages

Today we find both the average HECM expected rate and the traditional 30-year mortgage hovering around eight percent. Here’s why that may be an advantage

Interest Rates Reverse Mortgage Marketplace

FHA Commissioner says the agency is fully committed to the HECM program

FHA Commissioner Julia Gordon reaffirmed the agency’s commitment to the HECM program in her keynote address to the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting in Nashville, Tenn last week.

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2023 NRMLA Annual Meeting Recap

What happened at NRMLA’s annual meeting in Nashville this week? Here’s a brief recap.

NRMLA

All locked up! Homeowners struggle to tap equity

Despite holding trillions of dollars in home equity, U.S. homeowners are struggling to tap into it according to a report published by Point, an alternative equity release company.

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