It’s time to raise the interest rate floor
Why it's time for HUD to increase the HECM's interest rate floor.
HUD
The HECM’s 2021 performance likely best 2020
Unable to use the embedded player? Listen here. EPISODE #695 It’s less about preserving equity and more about cash flow With millions of first-time homebuyers finding few suitable housing options and tenants enduring the ravages of rent hikes, some are sitting on a mountain of home equity whilst needing a
The Reverse Mortgage PARADOX
Despite being a government-sponsored and supervised loan reverse mortgages are rarely mentioned by housing agencies when discussing senior housing insecurity, foreclosure risks, and quality of life. It's the reverse mortgage paradox.
HUD: The HECM holds a unique role
Unable to use the embedded player? Listen here. EPISODE #674 HUD: The HECM fills a ‘unique role’ “The Home Equity Conversion Mortgages (HECM) program fills a unique role in the national mortgage market and offers critical opportunities for the nation’s seniors to utilize their own assets and resources to preserve
LIBOR’s Endgame in the U.S. Requires Urgent Preparation
Unable to use the embedded player? Listen here. EPISODE #655 Recap of HUD Secretary Nomination Hearing for Marcia Fudge Last Thursday HUD Secretary Designate & Nominee Marcia Fudge, currently a member of Congress, appeared before Senate Committee on Banking, Housing, and Urban Development for her nomination hearing. The following are
Is the HECM Durable or a Drain?
Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among
Podcast E648: Some Worried About a Revived CFPB
Unable to use the embedded player? Listen here. Wallstreet isn’t the only one worried about a revived CFPB “Banks should be prepared for more aggressive enforcement and an expansion of the CFPB’s authority through its rulemakings,” said Rachel Rodman, a former CFPB lawyer who now represents banks as a partner
Podcast E645: Who will be the next HUD Secretary?
Unable to use the embedded player? Listen here. HECM Program Improves Valuation in FY 2020 A recent New York Times piece speculates who are the most likely candidates to take the helm of the Department of Housing and Urban Development in a Biden Administration Other Stories: HECM Refinance Boom: What
