Judge grants delay in TCB suit against Ginnie Mae as government seeks summary judgment
The government seeks summary judgment, saying that a prior ruling from the presiding judge is ‘fatal’ to TCB’s remaining claims.
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RMF-backed proprietary securitization undergoing further review
A securitization of private reverse mortgages originated by RMF needs further review stemming from the lender’s 2022 bankruptcy.
WalletHub says these are the best states for retirees
Personal finance website WalletHub this week released its rankings of the best and worst states to retire in 2025. It determined that Florida, Minnesota and Colorado are the friendliest states for retirees, while Mississippi, Louisiana and Kentucky are at the opposite end of the spectrum.
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.
Remodeling industry could benefit from focus on aging in place
Consumers seeking remodeling work are focused on efforts that could “future-proof” homes for later life and aging in place.
CFPB received fewer reverse mortgage complaints in 2024
The share of reverse mortgage complaints to the CFPB last year accounted for roughly 1.4% of the total number of mortgage complaints submitted to the bureau.
‘Silver tsunami’ could propel change at low-enrollment WA college
A state senator in Washington wants to close a low-enrollment college and transform it into a health sciences campus, citing the “silver tsunami.”
What will happen to HMBS 2.0 under Trump’s regulatory freeze?
HMBS 2.0 could make a big difference for reverse mortgage securities issuers, but a lack of concrete information leaves an implementation timeline unclear.
NYC advocates call for billions of dollars to support seniors
A coalition of older New Yorkers and aging advocates are demanding more resources from the New York City government to address older residents’ needs.
Longbridge lowers minimum home value for Platinum products
Longbridge announced the move earlier this month to partners, and Chris Mayer talks with HousingWire’s Reverse Mortgage Daily about the change.