HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
A former official said that layoffs at Ginnie Mae could delay or table certain programs like HMBS 2.0, but a source familiar with HUD’s plans disputed any “drastic staffing cuts.”
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Australia, New Zealand-based reverse pros share insights
Two professionals from Australia and New Zealand’s leading reverse mortgage provider shared some of what they learned at a U.S. reverse mortgage conference last year.
What will it take to rekindle the senior housing market?
With the oldest baby boomers turning 80 this year, the market of dedicated senior housing swings from a place of oversupply to a shortage.
Hawaii bill seeking state-run reverse mortgage program appears dead for now
A bill seeking to establish a state-specific HECM program in Hawaii is likely dead until at least 2026, according to a sponsor lawmaker.
Could government funding scrutiny come for reverse mortgage programs?
Reverse mortgage programs have performed well recently, according to HUD reports, but the Trump administration is bringing added scrutiny.
One in 10 ‘gray divorce’ couples finance split with housing wealth
More than one in 10 U.K. couples finance their divorces with property, including through the local equivalent of a reverse mortgage, according to new survey data.
Oregon reverse mortgage bill that could halt proprietary business may be amended
A bill that appeared to target reverse mortgage business in the state may be amended to reflect a more narrow target after industry professionals weighed in.
Despite aging-in-place preferences, senior support services are in short supply
Older Americans want to age in place in their own homes, and they also want to remain in their current communities. But these desires could clash with a reality that many communities across the country simply don’t have the resources to support seniors,
FOA’s James Mittleman looks ahead at 2025 with AAG integration in rearview
The FOA/AAG integration is largely complete and is giving the company an optimistic outlook for 2025, according to its senior vice president of retail sales.
Proprietary reverse mortgage business in Oregon could be in danger
A bill introduced in Oregon could halt proprietary reverse mortgage business if enacted, according to NRMLA.