New CFPB report looks at reverse mortgage activity in 2023
A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the top of the industry.
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Xactus hires Mike Brown to oversee product strategy and market innovation
Mortgage verification services firm Xactus announced this week that it appointed Mike Brown, its former chief integration officer, as its new chief product officer.
USA Today: If Social Security falters, reverse mortgages could be worth a look
For those reliant on Social Security benefits but having trouble making ends meet, a reverse mortgage may be worth a look, the column said.
The top 10 reverse mortgage lenders of 2024
The top 10 retail reverse mortgage lenders in 2024 weathered a challenging year, with key movements in the rankings.
Skyrocketing home values driving higher property taxes
A new report from CoreLogic shows rapidly rising home values have pushed property taxes through the roof.
NAR membership antitrust suit in Texas adds local MLS as defendant
Texas broker Luz de Amor Eytalis initially filed suit in November, claiming that NAR and other defendants engage in monopolistic practices.
Nearly half of retirees worry they’ll outlive their savings, while 25% are burdened by housing costs
A survey of 1,000 retirees shows that many have severe savings shortfalls, can’t enjoy retirement and are burdened by housing costs.
Ally Financial closes mortgage origination business
Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments.
Which cities have the largest portion of homes affordable to the average wage earner?
Online lender NetCredit identified Toledo, Ohio, and Detroit as the two cities with the most affordable homes for average income earners.
Housing pros forecast stable housing market conditions
Across the board, mortgage and real estate respondents to the HousingWire Pulse Q1 2025 survey say the housing market will be flat for the first three months of 2025. The majority chose “flat” when asked the direction of home sales and home prices. The good news? HousingWire experts are forecasting a more positive outlook for […]