HUD walks back prior default guidance as too ‘burdensome’ for mortgage servicers
A new mortgagee letter said that some of the Biden administration’s final servicing guidance was too “burdensome,” resulting in changes.
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Global reverse mortgages in the news: growth, delay and launch
Reverse mortgages are seeing growth in Canada, setbacks in Australia and a new product launched in South Korea.
The best state to age in place is not where you think
If you think the best state for aging in place is a popular retirement destination, a new report encourages you to think again.
Hall Willkie steps down as president of Brown Harris Stevens
An industry veteran, Willkie has been with Brown Harris Stevens for 37 years. He will remain at the firm as a full-time consultant.
Mortgage rates aren’t hampering millennials’ homebuying interest
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds
Mat Ishbia, president and CEO of United Wholesale Mortgage, is confident that if ending the conservatorship results in higher rates, it’s unlikely the government will move forward with it.
Top Florida real estate team joins Compass
The seven-member Tinka Ellington Group has closed more than $254 million in sales and has more than 25 years of combined experience.
The proprietary reverse mortgage landscape is getting crowded
As more private-label reverse mortgage products are introduced, we asked some key providers if they see issues in being able to stand out.
How important is public transit for aging in place?
The government of Canada found that public transit supports aging in place by reducing costs and strengthening social connections.
Mortgage rates unfazed by crazy economic headlines
Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.