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What has the CFPB done for the reverse mortgage industry?

March 11, 2025 by bp56691
As the CFPB is being scaled back by current leaders, RMD takes a look at its impact on the reverse mortgage industry.
Categories CFPB, HECM, HWmember, National Consumer Law Center, NRMLA, Regulatory, Reverse

Safety, affordability concerns could be barriers for aging in place

March 11, 2025 by bp56691
A vast majority of older Americans want to age in place, but they could run into financial challenges tied to maintenance and repair costs.
Categories Aging in Place, Home Equity, HWmember, Point, Reverse, U.S. Census Bureau

CertifID’s Tom Cronkright on how CISA cuts could impact cybersecurity practices

March 11, 2025 by bp56691
Tom Cronkright, the co-founder and executive chairman of CertifID, sat down with HousingWire to discuss how recent cuts to CISA could harm the ability of mortgage and real estate companies in identifying and preventing cyberattacks.
Categories Cybersecurity, HWmember, Mortgage, Mortgage Fraud, Politics, Real Estate Fraud, Regulatory, Trump Administration, Wire Fraud

Jason Mitchell Group announces merger with Arkansas-based iRealty

March 10, 2025 by bp56691
The Arizona-based brokerage announced Monday that it has merged with iRealty, a brokerage in Arkansas that boasts almost 200 agents and roughly 1,400 transaction sides per year.
Categories Arizona, Arkansas, Brokerage, HWmember, Jason Mitchell Group, Mergers and Acquisitions

Maryland reverse mortgage bill withdrawn following industry dialogue

March 10, 2025 by bp56691
A Maryland reverse mortgage bill seeking to establish an escrow account for expenses has been tabled for now after industry dialogue.
Categories HECM, HWmember, Legislation, Maryland, NRMLA, Reverse

Columnist: Reverse mortgages have benefits that come with risks

March 10, 2025 by bp56691
Reverse mortgages can be beneficial in the right situation, but there are risks to consider, personal finance columnist Liz Weston writes.
Categories HECM, HWmember, Long-term care, Reverse, Social Security

HUD’s Innovative Housing Showcase is returning to DC in 2025

March 10, 2025 by bp56691
This year, the showcase is tied to the 250th anniversary of the U.S. and an executive order issued by President Donald Trump on plans for a “grand celebration” of the milestone.
Categories Government Lending, Housing Market, HUD, HWmember, Scott Turner, Washington, D.C.

HomeVision, Restb.ai partner on AI in collateral underwriting

March 10, 2025 by bp56691
The companies say the technology will improve appraisal accuracy, automate parts of the review process and help lenders, appraisal management companies (AMCs) and individual appraisers identify errors.
Categories Appraisals, Appraisals and Valuations, Artificial Intelligence, HWmember, Mortgage, Technology, Underwriting, Valuation

With deadline looming, senators introduce NFIP reauthorization

March 9, 2025 by bp56691
Republicans are aiming to reauthorize NFIP just days before a key funding deadline, with the possibility of a government shutdown looming.
Categories Congress, HWmember, National Flood Insurance Program, Natural Disaster, Politics

Have lower mortgage rates boosted housing demand yet?

March 8, 2025 by bp56691
Have lower mortgage rates boosted housing demand yet?
Does a promising increase in purchase applications indicate that the housing market is beginning to wake up just in time for spring?
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications
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