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White House expects reverse mortgages to continue producing government receipts

June 4, 2025 by bp56691
The White House expects continued performance from the HECM portion of the MMI Fund, according to a recent budget document.
Categories FHA, HECM, HUD, HWmember, Regulatory, Reverse, White House

Global reverse mortgages in the news: growth, delay and launch

June 3, 2025 by bp56691
Reverse mortgages are seeing growth in Canada, setbacks in Australia and a new product launched in South Korea.
Categories Australia, Canada, Home Equity, HWmember, Reverse

The best state to age in place is not where you think

June 3, 2025 by bp56691
If you think the best state for aging in place is a popular retirement destination, a new report encourages you to think again.
Categories Aging in Place, Florida, HWmember, Idaho, New Jersey, North Dakota, Retirement, Reverse, Texas, Utah

The proprietary reverse mortgage landscape is getting crowded

June 2, 2025 by bp56691
The proprietary reverse mortgage landscape is getting crowded
As more private-label reverse mortgage products are introduced, we asked some key providers if they see issues in being able to stand out.
Categories Finance of America, HWmember, Liberty Reverse Mortgage, Longbridge Financial, Mutual of Omaha Mortgage, Onity Group, PHH Mortgage Corp, Reverse

How important is public transit for aging in place?

June 2, 2025 by bp56691
The government of Canada found that public transit supports aging in place by reducing costs and strengthening social connections.
Categories Aging in Place, Canada, HWmember, Retirement, Reverse

MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’

May 30, 2025 by bp56691
MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’
The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its chair.
Categories HECM, HWmember, MISMO, Mortgage Cadence, Reverse, Technology

NAHB: Remodeling for aging in place fell in Q1 but receptivity remains high

May 30, 2025 by bp56691
The drop is attributed primarily to economic volatility, specifically high interest rates, general uncertainty and observed swings in the stock market.
Categories Aging in Place, HWmember, NAHB, Reverse

HUD OIG reveals ongoing reverse mortgage oversight priority

May 29, 2025 by bp56691
The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.
Categories Department of Justice, Ginnie Mae, HECM, HUD, HWmember, Regulatory, Reverse

New Jersey seniors seek out home modifications to age in place

May 29, 2025 by bp56691
New Jersey is keeping aging in place in mind as the silver tsunami is projected to grow in and around the Garden State.
Categories Aging in Place, HWmember, New Jersey, Reverse

California wildfire recovery event sought to offer guidance to reverse mortgage borrowers

May 27, 2025 by bp56691
California wildfire recovery event sought to offer guidance to reverse mortgage borrowers
A recent event aimed to offer reverse mortgage borrowers impacted by the LA-area wildfires a direct avenue to assistance programs.
Categories California, Disaster Relief, HECM, HWmember, Reverse, Wildfire
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