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[CNBC] Here's why homeowners may be overconfident in their retirement preparedness. [Money Wise] A 73-year-old with $27K in annual healthcare expenses looks to tap home equity safely. [The Motley Foot] Here’s how much Social Security Benefits & Medicare premiums will increase in 2025. Watch our video podcast here!…
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[Mission Square] Survey reveals the majority of public employees worry they won’t have enough money to last in retirement. [The Financial Post] Baby boomers and Gen X are taking on more mortgage debt. [Fox Money] Retirees with student loan debt risk Social Security garnishments. Watch our video podcast here!…
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[HECMWorld] A reverse mortgage vacation? If you haven’t heard of such a thing you’re not alone. To explain we interviewed Movement Mortgage National Reverse Mortgage Director Harlan Accola… [Listen for Details] [CBS News] Here’s how much a senior would pay for a $60,000 HELOC. [Money Wise] Why the Fed’s rate cut is good news for retirees. Watch our…
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[Housing Wire] NRMLA CEO Announces Retirement at Annual Meeting. [Business Insider] A boomer struggles to survive on Social Security after retiring early to care full-time for his ailing wife. [The Maine Wire] Maine mayor suggests older residents may want to get a reverse mortgage to pay for surging property taxes. Watch our video podcast here!…
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[CNBC] Here’s where home values are rising and falling nationwide. [CNBC] The Federal Reserve slashed the Fed Funds Rate by 50 basis points. How will this impact the HECM’s 10-Year CMT index? [Reverse Market Insight] Our monthly installment of RMI’s Market Minute with Jon McCue for all the latest HECM origination and endorsement trends. Watch our v…
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[Barrons] A reverse mortgage may be good for those short of cash. [Clever Real Estate] A recent survey by Clever Real Estate reveals the motivations and pressing concerns of baby boomer homeowners on a variety of subjects. [National Mortgage News] Reflecting on two decades of reverse mortgage spokespersons and marketing. Watch our video podcast her…
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[Lifehacker] Inheriting a House Is More Expensive Than People Think. [RMI Market Minute] Reverse Market Insight's Jon McCue with the Latest HECM Trends and Data. [Insurify] ‘Everything Has Gone Up’. Retirees Feel the Squeeze of Inflation. Watch our video podcast here!Di HECMWorld
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[Housing Wire] Reverse Mortgages: A Gray Divorce Solution. [Business Wire] They May Not Want A Reverse Mortgage But Healthcare Expenses Could Motivate Many to Reconsider. [Equitable] Equitable Survey Shows Half of Americans Don’t Believe Retiring at Age 65 is Realistic. Watch our video podcast here!Di HECMWorld
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[Sternberg Law Group] Can You Get a Reverse Mortgage if You’re in Foreclosure? [Yahoo Finance] I Willed My House to the Grandkids but Just Got a $100K Mortgage. Did I make the right choice? [Reverse Mortgage News Roundup] A quick recap of recent HECM news. Watch our video podcast here!Di HECMWorld
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[National Mortgage News] The CFPB issues a consent order against a former national HECM servicer. [Reverse Market Insight] RMI's Market Minute with Jon McCue brings you the latest trends in HECM loan volume, regional trends, and more. [National Consumer Law Center] Industry Advocates Highlight Measures to Counter Elder Real Estate Fraud. Watch our …
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[HECMWorld] A Revolution in HECM Calculators: An Interview with Lenderful Solution's Paul Lehnert. [National Mortgage News] Finance of America Reverse trims more jobs to right-size its lending operations. [CNBC] Why tapping into home equity is tricky. Watch our video podcast here!Di HECMWorld
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[Housing Wire] Flood insurance premium hikes endanger one reverse mortgage couple and others. [Housing Wire] Ginnie Mae's new HECM mortgage-backed security product is on schedule for release this year with details coming this month. [CNN Finance] Zero-down mortgages are back! Here's what you need to know. Watch our video podcast here!…
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[RMD-Housing Wire] Appraisal bias protections apply to HECM applicants. [Belleville News-Democrat] Congressional bill seeks to change the index used to calculate Social Security's Cost of Living Adjustment (COLA). [Yahoo Finance] Mortgage demand falls with high interest rates and home values. Watch our video podcast here!…
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[RMD-Housing Wire] HUD pulls back some planned HECM for Purchase contributions. [Belleville News-Democrat] A vacant duplex has been deteriorating for five years after the HECM borrower died. [Finance Buzz] Home insurance forcing many older Florida residents to sell, or give up coverage. Watch our video podcast here!…
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[New York Times] Aging in place or stuck in place? [CBS News Money Watch] 3 moves seniors should consider with inflation still high. [RMI] Reverse Market Insights ‘Market Minute’ with Jon McCue. [Housing Wire] Norcom mortgage’s former reverse mortgage team seeking a new home. Watch our video podcast here!…
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[Housing Wire] Two things most reverse mortgage pros may not know about the expected rate. [Housing Wire] A federal judge allows the majority of a suit against Ginnie Mae to proceed. [Fortune] Many Wall Street investors expect this instead of a hard or soft economic landing. Watch our video podcast here!…
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[Housing Wire] U.S. Senator calls for more oversight of HECM mortgage-backed securities program. [RMI] Reverse Market Insight's Market Minute with Jon McCue.. [Journal Courier] Is downsizing worth it in retirement? Watch our video podcast here!Di HECMWorld
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[Cleveland.com] Unable to afford healthcare in retirement? Here are 5 options including a reverse mortgage. [Redfin] Home listings surge in biggest increase in 3 years: Asking prices drop. [CNBC] No Rate Cut: The Fed holds rates steady after hot inflation report. Watch our video podcast here!Di HECMWorld
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[Housing Wire] Parent Company of former HECM lender converts to Chapter 7 [San Jose Mercury News] Elderly woman murdered in a plot that involved a reverse mortgage [Housing Wire] HUD’s proposed budget reveals requested HECM reverse mortgage changes in Congressional request. Watch our video podcast here!…
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[Kiplingers] Six questions to ask before getting a reverse mortgage [National Mortgage News] Nation’s largest mortgage lender shutters mortgage origination platform [Atlantic Black Star Journal] Burying the Lede. Yet another potentially misleading reverse mortgage foreclosure story. Watch our video podcast here!…
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[Housing Wire] One Bay Area county reduces ADU fees to help ease senior housing crunch [Richmond Biz Senset] A judge determines former Live Well CEO’s criminal restitution [Multiple Sources] Traditional mortgage demand drops to a record low Watch our video podcast here!Di HECMWorld
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[Housing Wire] How One Reverse Pro Prompted a Scammer’s Arrest [Reverse Market Insight] RMI’s Jon McCue returns to explain the latest reverse mortgage trends in our monthly installment of the Market Minute [Housing Wire] Fairway Independent Mortgage’s reverse mortgage division is making big changes in its strategy and key staffing. Watch our video …
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[HousingWire] Fannie Mae economists offer outlook on the housing market & interest rates [Gainesville Register] Study shows a quarter of seniors could relocate, boost retirement with home equity [Housing Wire] NRMLA 2024 annual meeting location announced Watch our video podcast here!Di HECMWorld
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[RMD] The Mortgage Bankers Association to increase reverse mortgage activity in 2024. [Security Week] 32,000 reverse mortgage clients' data breached in cyberattack [Fortune] More boomers are staying in their jobs instead of retiring [RMI] Revere Market Insight's Market Minute with Jon McCue Watch our video podcast here!…
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