FHA issues draft guidance for accessory dwelling units…
Continue readingOlder Americans see the biggest property tax spikes in these cities
Recent data from Lending Tree reveals which cities are seeing the largest surge in property tax bills between 2019-2021
Continue readingOne broker shares lessons learned from the great recession
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EPISODE #768
One broker shares lessons learned from the great recession
Matt Oliver learned a few lessons from the housing crash and recession of 2008. One was to control your spending. The other was to pivot when market conditions change which they did beginning to originate reverse mortgages…
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Possible Class-Action on Equity-Sharing program
Class Action-org is asking residents of Florida, New York, or Ohio who entered into an equity sharing agreement with Unison to contact them.
Continue readingSVB’s collapse and U.S. Treasury volatility
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EPISODE #766
U.S. Treasuries yields fall in wake of bank collapse
What’s going on with U.S. Treasuries and the 10-year CMT?
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Why moving can earn you an extra $100,000+
Moving in retirement can unlock a tidy sum of money to help fund your non-working years says a recent CNBC article.
Continue readingFannie Mae: Appraisals are no longer the default option
Fannie Mae is including more options for property valuations. To learn more we interviewed AMC Class Valuation Chief Appraiser John Dingeman.
Continue readingSeniors say Social Security raise doesn’t keep pace with inflation
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EPISODE #763
Over half of seniors say Social Security raise doesn’t keep pace with inflation
A new survey found over half of seniors don’t believe the recent 8.7% Social Security cost of living adjustment keeps up with rising prices.
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[HECMWorld ] Reverse Market Insight’s Market Minute with Jon McCue
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[ReverseMortgageDaily] Fairway names new division head and team leadership roles
Ginnie Mae Adjusts Reverse Mortgage Securitization Program
In the wake of the bankruptcy of Reverse Mortgage Funding Ginnie Mae announced a historic change to the minimum pool size of HECM Mortgage-Backed Securities (HMBS)..
Continue readingHere’s where HECM lenders are vulnerable
In its January 24th column Urban notes the recent bankruptcy of Reverse Mortgage Funding exposes lender vulnerabilities in the HECM program. Here’s why…
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