The Consumer Financial Protection Bureau (CFPB) in December released its 2023 Mortgage Market Activity and Trends report, which included a brief look at activity from the reverse mortgage industry ...
MBA submitted seven recommendations to HUD and Ginnie Mae to reform the HECM and HMBS programs, with a focus on liquidity and insurance costs. AI Summary The Mortgage Bankers Association (MBA)’s ...
Making ends meet isn't always easy during retirement, especially in today's unusual economic climate. Part of the issue is that seniors' debt levels have increased threefold in the last 35 years, ...
For many older homeowners, years of steady mortgage payments and climbing home values have resulted in a significant amount of home equity. Right now, for example, the average homeowner has well over ...
* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently ...