Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit
TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.
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Retirees may be turning to home equity to finance healthcare shocks: report
Despite not planning to, retirees appear to tap home equity often to address a healthcare-related financial shock according to a new research brief.
Longbridge CEO Chris Mayer on reverse mortgage partnerships with forward companies
Longbridge CEO Chris Mayer speaks with HousingWire’s RMD about forward mortgage partnerships and the potential of HECM for Purchase.
Massachusetts AG sues Hometap over ‘illegal reverse mortgage’
Massachusetts’ attorney general alleges that Hometap’s equity investment product is deceptive and constitutes an “illegal” reverse mortgage. Hometap calls the suit “meritless.”
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.”
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.