New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’
A new MBA proposal for a Ginnie Mae securities product could be taking inspiration from recent actions in the reverse mortgage business.
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AARP assesses aging in place, role for reverse mortgages
A new AARP report found that communities and policies need to work harder to address the aging in place preferences of seniors.
Celink awarded high net promoter score in recent customer survey
The leading reverse mortgage servicer said its net promoter score of 74 indicates a high level of satisfaction among its clients.
Longbridge, Mutual of Omaha attempt to reach settlement over deceptive marketing accusations
An ongoing lawsuit between two major reverse mortgage lenders, Mutual of Omaha Mortgage and Longbridge Financial, over marketing practices could come to an end if both parties can reach a settlement agreement prior to going to trial.
HUD takes a closer look at senior finances, housing affordability pain points
A new report from HUD’s Office of Policy Development and Research takes a closer look at older Americans’ housing affordability challenges.
Is there a housing inventory ‘silver tsunami?’ Not where it’s needed
Zillow data suggests that places where senior-owned inventory is reentering the market will not adequately address the U.S. housing shortage.
Reverse pro turned customer shares insights gained from the other side of the table
Tim Nelson of VIP Mortgage goes into specific aspects of making the transition and the potential use cases for the loan as part of his retirement plan.
HECM line of credit option continues to dominate with 93% share
The HECM line of credit is the most-used payment option for most of the past decade, a trend that continued in FY 2024.
Johns Hopkins: Long-term care must be expanded to support aging in place
A recent study authored by researchers at Johns Hopkins University’s Bloomberg School of Public Health suggests that the integration of health, social services and community-based support systems must be improved to better accommodate the desires of older Americans to age in place in their homes.
Reverse mortgage pros sound off on 2025 HECM limit
Reverse mortgage professionals at multiple companies shared their thoughts on what the higher HECM limit for 2025 will mean for business.