Industry performance rose in August, but both raw endorsement volume and securities issuance performance come with notable asterisks. Home Equity Conversion Mortgage (HECM) endorsement...
Nearly three-quarters (74%) of respondents in a Mutual of Omaha survey report that they have little or no knowledge about reverse mortgages, with others...
With 30-year mortgage rates now above 7%, a refinance likely isn’t in the cards for most homeowners.In fact, the total number of refinance candidates...
This week, the Federal Housing Administration (FHA) issued an informational notice to remind servicers of both forward and Home Equity Conversion Mortgages (HECMs) that...
Home Equity Conversion Mortgage (HECM) endorsements in June spiked nearly 25% when compared with May’s figures, a welcome bump for a struggling industry. New...
Global credit rating agency DBRS Morningstar this week assigned a “good” rating, classified as its MOR RVO2 residential reverse mortgage originator ranking, to Finance...
