The FHA's reverse mortgage program has maintained a positive capital ratio for four consecutive years, showing improved financial stability.
Key reverse mortgage metrics saw an uptick in October even as business remains lukewarm
HECM endorsements rose by 11.1% in October, signaling optimism in the reverse mortgage market.
Positive interest rates and FHA case number assignments are boosting industry performance.
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is experiencing a fluctuating performance but remains optimistic about potential lower interest rates.
Longbridge parent lauds reverse lender's contribution in Q2
Longbridge Financial turnaround praised by Ellington executive team in Q2 earnings report.
The month in reverse mortgage rates: August 2024
HECM ARMs dominate the reverse mortgage market due to their flexibility, security, and borrower-friendly features.
FHA head says more housing counselors should have reverse mortgage training
Training more HUD-approved housing counselors will benefit HECM borrowers as interest rates decline, encouraging refinancing and better financial decisions.
2024 MMI report: HECM remains in the black
The FHA's reverse mortgage program has maintained a positive capital ratio for four consecutive years, showing improved financial stability.
Key reverse mortgage metrics saw an uptick in October even as business remains lukewarm
HECM endorsements rose by 11.1% in October, signaling optimism in the reverse mortgage market.
Positive interest rates and FHA case number assignments are boosting industry performance.
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is experiencing a fluctuating performance but remains optimistic about potential lower interest rates.
Longbridge parent lauds reverse lender's contribution in Q2
Longbridge Financial turnaround praised by Ellington executive team in Q2 earnings report.
The month in reverse mortgage rates: August 2024
HECM ARMs dominate the reverse mortgage market due to their flexibility, security, and borrower-friendly features.
FHA head says more housing counselors should have reverse mortgage training
Training more HUD-approved housing counselors will benefit HECM borrowers as interest rates decline, encouraging refinancing and better financial decisions.
Reverse educators take on more HECM misconceptions
Reverse mortgage misconceptions can lead to confusion; the line of credit growth is not classified as income but as loan proceeds.
Interactive education helps clarify and dispel myths in reverse mortgage presentations.
Federal housing leaders speak to the need for more reverse mortgage understanding
The complex nature of reverse mortgages necessitates thorough counseling for borrowers and advisers, especially in changing interest rate environments.
Reverse mortgage industry prepares for annual meeting in San Diego
The NRMLA 2024 Annual Meeting and Expo will focus on key topics like HECM for Purchase and feature updates from federal housing officials.
Reverse educators take on more HECM misconceptions
Reverse mortgage misconceptions can lead to confusion; the line of credit growth is not classified as income but as loan proceeds.
Interactive education helps clarify and dispel myths in reverse mortgage presentations.
Federal housing leaders speak to the need for more reverse mortgage understanding
The complex nature of reverse mortgages necessitates thorough counseling for borrowers and advisers, especially in changing interest rate environments.