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Homeowners age 62 and older hold $14.92 trillion in housing wealth, but lenders still face the challenge of turning equity into production
Model separately analyzes bank-statement, DSCR, and full-documentation collateral using data from approximately 226,000 loans
National Reverse Mortgage Lenders Association and RiskSpan release quarterly report
Patricia Black previously headed operations at SoFi Home Loan.
Industry veteran had worked for BlackRock, Federal Reserve Bank of New York.
Collaboration creates first-of-its-kind solution for measuring and mitigating the risks of climate change to the housing finance industry.
