The SVP of Client Satisfaction at reverse mortgage servicer Celink saw why HECM loans can be pivotal tools for aging in place ...
Open Mortgage, an Austin, Texas-based multi-channel lender, laid off roughly 24 staffers in its forward mortgage division ...
After years of sizable growth, there are signals that the second-largest Canadian reverse mortgage provider is slowing down, much like many of its American counterparts. Toronto-based Equitable Bank — ...
Roughly 60% of homeowners at or approaching the age of 62 continue to make forward mortgage payments, a sizable expense as many people during that phase of life are transitioning out of their jobs and ...
The Consumer Financial Protection Bureau (CFPB) has filed a new petition with the U.S. Supreme Court this week in an effort to have the Court address a recent Fifth Circuit Court of Appeals decision, ...
A senior cohousing community in Port Townsend, Washington — roughly 60 miles northwest of Seattle — was recently highlighted in a Business Insider story about how older Americans are increasingly ...
September’s Home Equity Conversion Mortgage (HECM) volume drop came in at 43.5%, or 3,235 loans, dropping under 4,000 for the first time since November 2020. That level has not been seen since the ...
The National Reverse Mortgage Lenders Association (NRMLA) on Thursday announced the election of its Board of Directors for the 2022-2023 term, including the selection of its co-chairs. Mike Kent of ...
Debt as a financial planning instrument should not be overlooked, even if older Americans may be averse to it, according to Jamie Hopkins, managing partner of wealth solutions at Carson Group — and ...
Over the past 12 months, the amount of near-retirees who have decided to push off the end of their careers has doubled to 40% of survey respondents, according to a new Nationwide Retirement Institute ...
Along with important details about the health of the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund, the Federal Housing Administration (FHA) ...