Reverse

Q3 Senior Home Equity Hits $6.1 Trillion Mark

The National Reverse Mortgage Lenders Association (NRMLA) has reported that homeowners aged 62 and older saw an overall 2.6 percent increase of $152 billion in senior home equity in the third quarter of the year, bringing the total to $6.1 trillion.

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SENIOR HOME EQUITY NEARS $4 TRILLION AS HOME VALUES RISE

 

The Federal Housing Administration (FHA) has issued a revised policy,

The Consumer Financial Protection Bureau (CFPB) interviewed 59 homeowners, age 62 and older, in three cities and used these interviews to conclude that reverse mortgage advertising is misleading.

ReverseVision has added a new Operations Team to their growing company, focused exclusively on product operations, system monitorin

The trade association for the reverse mortgage sector is confident that a new environment of positive perceptions by a variety of stakeholders is contributing to a new chapter in the expansion of this niche product.

A flippant comment made by Maine’s governor to a beef farmer burdened with high property taxes is being promoted a viral video by a left-of-center political group.

The reverse mortgage sector saw a strong year-over-year performance last month as home Equity Conversion Mortgage (HECM) mortgage-backed securities (HMBS) recorded a 29 percent year-over-year jump, according to

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