Watch the top ten HECMWorld stories of 2023. Leave your comment below.Â
Continue readingThe Top 10 HECMWorld Stories of 2023
January Top 100 HECM Lenders Report
The times they are a-changing’. This month we have a major upset in the top-ten ranking with one top-five lender claiming the #1 spot for the first time…
Continue readingThe big surprise despite low HECM loan volumes
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EPISODE #811
HECM volume and 1st-time borrowersÂ
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[Reverse Market Insight]
RMI’s Jon McCue reviews recent data that reveals a surprising trends despite depressed HECM endorsement activity. Here’s what he had to say…
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Other Stories:
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- [Housing Wire] Court approves former Live Well employee class action settlementÂ
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- [Housing Wire] Aging in place could transform Chicago’s housing market
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Why U.S. Treasuries & 10-year CMT are surging
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EPISODE #810
Here’s how reverse mortgages work in India
Â[All Maa]
While reverse mortgages have been in India for nearly 15-years, the program, not unlike the United States, has not gained widespread acceptance and faces similair misconceptions.
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Other Stories:
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- [Housing Wire] A new HECM security could help ease the industry’s present liquidity challenge
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- [CNBC] Here’s why 10-year treasuries have jumped up above 4%
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Exclusive RMI Interview: Loan Servicing Oversight
EPISODE #809
What is loan servicing oversight?
[Housing Wire]
Loan servicing is a key but often misunderstood stage of reverse mortgage lending. This week we sat down with Reverse Market Insight CEO and founder John Lunde and Director of Mortgage Servicing Jared Skrabala to learn more.
Other Stories:
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- [Housing Wire]Â HUD, FHA & Ginnie Mae face potential budget cuts
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- [News Break] Cyberattack takes Loan Depot’s systems down
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December Top 100 HECM Lenders Report
The times they are a-changing’. This month we have a major upset in the top-ten ranking with one top-five lender claiming the #1 spot for the first time…
Continue readingWill Lower Interest Rates Crush Home Prices?
Lower interest rates always push home prices higher right? Not necessarily. Here’s why…
Continue readingThe Biggest Reverse Mortgage Trends of 2023
Reverse Mortgage Daily’s Chris Clow has complied the biggest developments of 2023 in the reverse mortgage industry. What follows is a summary…
Continue readingFew can afford to age in place
The data is in and reveals that Increasingly older Americans are struggling to cover their housing expenses as the cost of everyday goods and services is 20% higher than it was in 2019
Continue readingReverse mortgage borrower information breached in cyberattack
On December 15th mortgage lending giant Mr. Cooper began notifying 14.7 individuals that their personal information was stolen in a Cyberattack that took place between October 30 and November 1. Roughly 32,000 reverse mortgage borrowers had their bank account information compromised in the incident.
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