Unable to use the embedded player? Listen here.
[Fortune] “Moody’s Analytics expects that U.S. home price decline to widen to between 25% to 30% in 210 “significantly overvalued” housing markets.
Other Stories:
Homebuilder sell-off to impact neighborhood home values
A closer look at September’s HECM Endorsement data
[Kiplinger] “Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down.”
Continue reading
Housing represents one of the largest portions of the Consumer Price Index’s ‘basket of goods’ that is used to determine our current rate of inflation
Continue reading
In a recent Mortgage Orb column, Michael Whiting addresses the importance of paying property charges on a reverse mortgage and how they can be kept current.
Continue reading
Unable to use the embedded player? Listen here.
[Reverse Mortgage Daily] In RMD’s most recent podcast Chris Clow interviews one originator who’s found what he sees as the most effective approach to reverse mortgage communication.
.
Other Stories:
Protect Your Retirement Income from Inflation
[Fortune] ‘Poison’ Ivy Zelman—the analyst who predicted the 2008 housing bust—sees U.S. home prices falling in both 2023 and 2024. Here’s how much
HUD’s Housing Counseling Federal Advisory Committee met and looked at lingering issues in HECM loans- including some borrowers who unexpectedly ended up in foreclosure.
Continue reading[Housing Wire] It will get worse for the housing market – and mortgage industry – before it gets better. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week
Continue reading
The office of the California Attorney General Rob Bonta published an alert last week encouraging state residents impacted by the Covid-19 pandemic to seek assistance to repay house payments.
Continue reading
Unable to use the embedded player? Listen here.
[Reverse Mortgage Daily] sat down with Ted Tozer who served as president of Ginnie Mae to get his perspectives and outlook for the Home Equity Conversion Mortgage (HECM) program.
.
Other Stories:
Over half of Generation X’ers cannot afford to help their parents financially.
You can’t take the money and run- Borrowers must return money to rescind the loan
Unable to use the embedded player? Listen here.
Reverse Mortgage Daily sat down with FHA Commissioner Julia Gordon for her perspectives on the HECM program, its strength, and outlook.
Other Stories:
Newsweek: The U.S. facing a potential ‘perfect storm’ for a housing crisis
Workers Say Inflation Is Now the No. 1 Obstacle to a Comfortable Retirement
