Tennessee official, citing property tax relief, notes more interest in reverse mortgages
A Tennessee official noted rising interest in reverse mortgages from area seniors when discussing property taxes on a local radio station.
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What awaits new HUD Secretary Scott Turner?
What awaits the new HUD Secretary, Scott Turner, President Trump’s former White House Opportunity Zone czar and NFL star?
Better announces ‘Better Forever’ borrower loyalty program
The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.
HECM endorsements, HMBS issuance see relatively little movement to start 2025
HECM endorsements increased by less than 1% from December to January, while HMBS issuance is historically low but still healthy.
Family caregivers who support older relatives are on the rise due to aging-in-place preferences
The share of unpaid caregivers rose sharply between 2011 and 2024, which researchers said came partially from rising preferences for aging in place.
Foreclosures are drying up — and it’s showing in sales data
Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.
Altos founder Mike Simonsen on housing market trends and growth predictions
In this week’s episode of the RealTrending podcast, host Tracey Velt is joined by Altos Research founder and president Mike Simonsen to discuss expectations for the housing market and the impact of the Trump administration’s policies.
New York bill would require reverse mortgage lenders to strengthen consumer disclosures
A New York state senator’s bill seeks to require lenders to offer more comprehensive reverse mortgage information to borrowers at least five days before closing.
Enforcement experts fear the wild west of a weaker CFPB
Scott Bessent, the new secretary of the Department of the Treasury under the Trump administration, made headlines twice on Monday — once for his appointment as acting director of the Consumer Financial Protecture Bureau (CFPB) and again for his order to CFPB staff to halt all bureau activities.
Arrival Home Loans partners with fintech zavvie
The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes.