MBA, NMSA suggest fixes to FHA’s proposed loss mitigation option
The Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration...
Reverse mortgage retail originations beat wholesale numbers in 2023
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to...
Opinion: All the ways the class-action commission lawsuits are misguided
I am repeating myself but bear with me. No seller must use a real estate agent to sell a home — ever. In...
Michigan attorney general reissues reverse mortgage consumer alert
The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. The action is...
Mayor who recommended reverse mortgages calls comments ‘regrettable’
As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area...
HousingWire Magazine: October/November 2023 – HousingWire
On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. Having referred to this...
Connecticut governor signs aging-in-place bill into law
Connecticut Gov. Ned Lamont signed a bill into law on Tuesday that aims to improve the prospects for seniors who seek to age...
Polly integrates with nCino’s Mortgage Suite
Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process...
Movement sues Summit, former veteran sales executives for poaching
A spokesperson for Movement said the company had no comment.
L. Scott Bruggemann, senior vice president and general counsel at Summit, said the company...
States are making ADUs easier to build. Now it’s up to municipalities to follow...
The national housing shortage, the benefits of increased density, an ongoing shift in consumer tastes toward smaller homes closer to where the urban...