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Ocwen improves overall reverse mortgage performance despite volume contraction - HousingWire
HousingWire· 2 hours agoOcwen Financial Corp., parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage, reported an overall improvement in its business ...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 3 hours agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
New appraisal bias protections apply to reverse mortgage program: FHA - HousingWire
HousingWire· 3 hours agoAn announcement on Thursday from HUD and a new Mortgagee Letter (ML) published Wednesday by the FHA clarifies that the policy applies to all Title II single-family programs ...
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA - HousingWire
HousingWire· 1 day agoLongtime reverse mortgage industry professional, advocate and leader Scott Norman has been appointed as the new CEO of the Texas Mortgage
Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 2 days agoWhen the news was shared during a panel discussion at the National Reverse Mortgage Lenders...
Reverse mortgages seen as a path forward for lenders - HousingWire
HousingWire· 3 days agoGuild has previously maintained a reverse mortgage division, but after focusing on growing its overall footprint through various acquisitions over the past ...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 2 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 1 day agoStill, the Fed’s policies set the overall tone for mortgage rates. Lenders and investors closely...
Retirement Redefined: Home Equity & Single Women Over 62
TheStreet.com· 2 days agoExplore how reverse mortgages can unlock home equity for a more secure future. Whether through the loss of a spouse or the increasingly common “gray divorce ...
UK House Prices Fall Again After Mortgage Rates Creep Higher
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- UK house prices fell at the sharpest pace in eight months after the cost of mortgages...