Home inspector sees interaction from baby boomers, aging in place and reverse mortgages
A director of business development at a home inspection company explains how and why reverse mortgage companies can interact with his business.
Home Equity
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Famed encyclopedia highlights ‘sandwich generation,’ recognizing importance of senior caregiving
Britannica, the English-language encyclopedia that has roots as far back as the 1760s, recently highlighted a phrase familiar to the reverse mortgage industry — the “sandwich generation” — in recognition of the growing importance that caregiving for older relatives will have as the global population grows older.
CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages
The CFPB compared elements of home equity contract products to reverse mortgages, and said they are residential mortgage loans in an amicus brief.
EasyKnock, facing fire on multiple fronts, abruptly shuts down
Founded in 2016, New York-based residential sale-leaseback platform EasyKnock goes out of business.
Home equity gains slowed in Q3. Are prices stabilizing?
U.S. mortgage holders experienced a home equity increase in the third quarter of 2024 — up 2.5% year over year to a total of $17.5 trillion nationwide. But that was down from 8% growth in the second quarter, and negative equity also ramped up for the first time in two years, according to a CoreLogic report.