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Reverse mortgage metrics dipped slightly in June
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
The CFPB’s budget might be shrinking, but does that even matter?
Given the CFPB’s recent lack of action, enforcement experts don’t believe a proposed 50% budget cut will have much of an impact.
FHFA wants crypto in mortgages. Lenders have questions
While crypto-backed mortgages remain speculative, some experts see long-term potential for expanding access to non-QM borrowers.
Reverse mortgage leaders on partnering with the forward side in 2025
The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward lenders in 2024.
Treasury, FHFA take key steps for ‘orderly’ exit of GSEs from conservatorship
The Treasury and FHFA announced amended agreements that could pave the way for Fannie Mae and Freddie Mac to be released from conservatorship.
Reverse mortgage case number metric reaches highest level in two years
HECM case number assignments hit a two-year high point in October, marking an encouraging sign for a challenging reverse mortgage market.
Housing inventory is barely positive heading into fall
Last year, we saw an active listing decline in the same week but then listing growth continued until Oct. 28. What’s happening now?
Lawyer letter details NAR’s internal harassment investigation
A lawyer’s July letter reveals outside counsel found evidence of “creepy” and “disrespectful” behavior at NAR long before the Brevard suit.
eXp Realty opens up profit sharing program to new agents
New eXp Realty agents now have access to revenue share tiers 2 and 3 with the launch of the brokerage’s new Accelerate program.